Who can use this offer?
- Eligibility
- New Monzo customers; UK sole traders, limited company directors or landlords
- Spending or deposit
- One card purchase within 30 days; no minimum spend
Read the provider’s full terms and confirm your eligibility before applying.
How to claim the offer
Follow these steps only if the provider confirms the invitation and its current terms.
- Open the business invitation and enter your mobile number.
- Apply in the app using that number and complete identity and business checks.
- Add money and make a qualifying card purchase within 30 days of entering your number.
Important conditions
- The invitation excludes anyone who has previously had or started applying for Monzo.
- Cash withdrawals, transfers and virtual-card transactions do not qualify; ordinary digital-wallet purchases can.
- The referrer can earn at most three business-scheme rewards per calendar month. Referral limits can affect eligibility.
- A paid plan and a bank switch are not required. Only open an account that suits your business.
Checks & provider information
- Last checked
- 18 Oct 2026
The £50 business invitation and referral terms were checked on 18 October 2026. This is separate from Monzo’s personal-account reward.
Monzo Business terms
