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 top-up 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 top-up differ between both our old pricing plans and new pricing plans.
On our Starter plan, Post Office top-ups cost 2% of the sum with £2 minimum per transaction and the funds will arrive in your account on the next day. PayPoint top-ups costs 3.5% with £3 minimum but funds are instantly available.
On our Plus plan, while paying a £4.95/4.95€ monthly fee, Post Office top-ups cost £1 per transaction and PayPoint top-ups cost 2.5% with no minimum.
On our Simple plan, both PayPoint and Post Office top-ups are within the " £200/€200 ATM and Cash Top-up allowance. Once exceeded, this will then cost 2% of the transaction amount. The allowance resets each month.
On our Classic plan, both PayPoint and Post Office top-ups are within the " £800/€800 ATM and Cash Top-up allowance. Once exceeded, this will then cost 2% of the transaction amount. The allowance resets each month.
For Premium plan customers all cash top-ups 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.
Debit card top-ups are free of charge. 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.