What is Flex Build

With the Monzo Flex Build Card it’s 0% interest when paying in full. If you want more time, it’s 39% representative APR (variable) for up to 24 monthly payments.

There's more on this in our help article about interest rates on Flex.

You can also flex your current account spend. Just tap a transaction from the last 2 weeks in your current account to pay over time. We’ll put the money back into your account.

When you choose a monthly payment, we’ll show you how much each payment will be and when it’ll be taken from your current account. If you choose a monthly payment with interest, we’ll also show you how much interest you’ll pay in pounds and pence.

If you want more time, you can edit your monthly payment to pay back over a longer period.

If you’re eligible, we’ll give you a pre-approved credit limit up to [£250]. We'll offer a limit based on an assessment of your circumstances, taking into account your credit history and finances.

Not everyone needs a deposit to open Flex. We might ask for one if you’re building your credit score from scratch or you’re repairing it.

The amount will be based on the starting credit limit you choose.

It’ll act as a safety net – so if you miss a payment, you can use money from your deposit to cover it.

By making your monthly payments on time, you’ll get your deposit back in 6 months.

More money than you thought? You can pay off a little extra or early and save yourself some interest. We don't charge fees for this.

Find out more about applying for Flex and your credit score.

You’ll need a Monzo account to be able to apply for Flex, if eligible. You must also be a UK resident aged 18+ years. Not keeping up with payments may negatively impact your credit score. Ts&Cs apply.