Monzo vs Ramp.
Monzo (M78/100) and Ramp (R57/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Monzo leads Ramp 5-1.
| M Monzo №08 · Central Bank of Ireland 78 /100 | R Ramp №58 · FDIC 57 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 78 /100 | 57 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | €200 /mo | — |
| Protection | ||
| Banking licence Tier | Full bank Central Bank of Ireland | Payment inst. FDIC |
| Deposit guarantee Per depositor | €100,000 EU.DGS.IE | Safeguarded US.FDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 2 countries | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | — | 4.8 ★ iOS 4.8 · And 4.7 |
| Read review → | Read review → | |
Pick Monzo if…
Pick if you bank in the UK or Ireland and value the best budgeting tools in the category.
Pick Ramp if…
The spend-management platform that closes the loop on policy enforcement at swipe time — Ramp pushes vendor-level savings recommendations into the finance team's workflow as a structural product, not a feature. Charge card + Bill Pay + Procurement + SaaS-spend management in one stack, with the deepest mid-market ERP integration set of any US corporate-card platform.
- Best for fees Monzo won 1 of 4
- Best for protection Monzo won 2 of 2
- Best for reach Monzo won 1 of 3
- Best for ux Ramp won 1 of 2
Monzo vs Ramp — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Monzo better than Ramp?
Under our v3 methodology, Monzo leads Ramp 5–1 across 12 dimensions. Composite scores: Monzo 78/100 vs Ramp 57/100. Monzo is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Monzo or Ramp cheaper?
Monthly fee — Monzo: €0; Ramp: €0. Card FX markup — Monzo: Interbank; Ramp: Interbank. Monzo wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Monzo or Ramp?
Monzo holds a Full bank licence under Central Bank of Ireland; deposit guarantee per depositor: €100,000. Ramp holds a Payment inst. licence under FDIC; deposit guarantee per depositor: Safeguarded. Monzo is the stronger pick on regulatory protection.
Where can I use Monzo and Ramp?
Monzo operates in 2 countries; Ramp operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.