There are four main ways to add money into your Monese UK account:
- Cash topups
- UK bank transfers
- IBAN transfers
- Instant Debit Card Top up
To make a cash topup simply go to any Post Office or Paypoint location in the UK (PayPoint) where you'll be able to present your Monese debit card along with your currency. The fees for cash topup differ between the Starter, Plus and Premium pricing plans.
For the Starter plan customers the Post Office cost is 2% of the sum with £2 minimum per transaction and the funds will arrive in your account on the next day. This costs 3.5% with £3 minimum but funds are instantly available.
For the Plus plan customers paying monthly fee of £4.95/4.95€ the Post Office cost is £1 per transaction and topups at Paypoint locations cost 2.5% with no minimum.
For Premium plan customers all cash topups are free of charge.
UK bank transfers:
To transfer funds into your Monese account from another UK bank, you will need to enter your Monese account number and sort code. These can be both found in the Monese app.
For information on IBAN transfers, please see the this article.
Instant Debit Card Top-up:
To instantly top up your Monese account by debit card, you will need to go into your Monese application and enter your debit card information. This can be found under Instant Top up.
You can choose the amount and have up to 3 different debit cards added at any one time. The card must also be in your name and the funds will show up instantly.
For both our Starter and Plus plan customers, there is a fee of 0.35% when using a debit card from the EEA. Meanwhile there is a fee of 2.5% when using an international debit card from outside the EEA. Any foreign exchange will be done by the issuer of the debit card used. Please also note that credit cards will not work with this feature.
Monese is currently unable to accept cheques.