Read your Monzo statement and find what is draining your account

Where money quietly leaks with Monzo

Mobile banking removes friction, and friction is what used to make you think twice. With Monzo, a few specific patterns tend to drain accounts without anyone noticing:

• Cash withdrawals abroad. Monzo lets you take out cash overseas free up to a monthly cap, then a percentage fee applies above it. A few summer holiday withdrawals can quietly cross that line.
• Monzo Plus or Premium. The paid tiers are useful for some, dead weight for others. If you signed up for one perk and never used the rest, it is a monthly charge doing nothing.
• Recurring payments that pile up. Streaming, apps, gym, cloud storage, that one subscription you meant to cancel. Monzo lists them, but the list grows faster than anyone reviews it.
• Round-ups and pots. Rounding up spare change into a pot feels like saving, but it can quietly mask how much is actually going out the door each week.

Here is an illustrative picture of how those small lines add up. These are example amounts to show the shape of the problem, not real figures from any account.

None of those lines feels big on its own. Together, they are a holiday you did not take.

What FLOW finds in your Monzo statement

Upload the file and FLOW does the line-by-line reading you never have time for. From a single Monzo statement it surfaces:

1. Every recurring charge and subscription, including the ones buried between everyday card payments.
2. The yearly cost of fees, so a small monthly number becomes the real annual figure you are actually paying.
3. Your top leaks, ranked, from the biggest drain down, so you know exactly where to look first.
4. What to cancel first, a clear shortlist instead of a vague feeling that you are wasting money somewhere.

It is not about shaming your spending. It is about seeing it clearly, once, so you can decide on purpose instead of on autopilot. See what your Monzo account is really costing you, free ›

Turn the leaks into a plan

Finding the leaks is only useful if you act on them. Once FLOW ranks your charges, the next steps are simple.

1. Cancel the obvious dead weight first. The subscription you forgot you had is the easiest win on the list.
2. Question the paid tier. If Monzo Plus or Premium is not earning its keep, drop it or downgrade.
3. Plan around the cash cap. Before a trip abroad, know your free withdrawal limit so fees do not catch you out.
4. Redirect what you recover. Every pound you stop wasting can go straight into savings or paying down debt.

FLOW is in early access, so you are getting in before the crowd. One upload, no bank login, and you finally see your Monzo account the way it really is.

See what your Monzo account is really costing you, free ›