Monzo vs Cash App.
Monzo (M78/100) and Cash App (C70/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Cash App leads Monzo 5-3.
| C Cash App №31 · FDIC 70 /100 | M Monzo №08 · Central Bank of Ireland 78 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 70 /100 | 78 /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 | Partner-bank FDIC | Full bank Central Bank of Ireland |
| Deposit guarantee Per depositor | $250,000 US.FDIC | €100,000 EU.DGS.IE |
| Reach | ||
| Markets served Licensed jurisdictions | 2 countries | 2 countries |
| Crypto Coins available | 1 coins | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 1.6 ★ 50k reviews | — |
| App store iOS + Android avg | 4.8 ★ iOS 4.8 · And 4.7 | — |
| Read review → | Read review → | |
Pick Cash App if…
The largest US peer-to-peer payments + neobank hybrid by user count (~50M monthly actives). Block-owned, public via NYSE:XYZ. Bitcoin-native — was the first major US fintech to integrate BTC buy/sell. Partner-bank model via Sutton Bank means FDIC pass-through, not direct charter cover.
Pick Monzo if…
Pick if you bank in the UK or Ireland and value the best budgeting tools in the category.
- Best for fees Monzo won 1 of 4
- Best for protection Tied
- Best for reach Cash App won 2 of 3
- Best for ux Cash App won 2 of 2
Monzo vs Cash App — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Cash App better than Monzo?
Under our v3 methodology, Cash App leads Monzo 5–3 across 12 dimensions. Composite scores: Cash App 70/100 vs Monzo 78/100. Cash App is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Cash App or Monzo cheaper?
Monthly fee — Cash App: €0; Monzo: €0. Card FX markup — Cash App: Interbank; Monzo: 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, Cash App or Monzo?
Cash App holds a Partner-bank licence under FDIC; deposit guarantee per depositor: $250,000. Monzo holds a Full bank licence under Central Bank of Ireland; deposit guarantee per depositor: €100,000. Both score equally on regulatory protection rows.
Where can I use Cash App and Monzo?
Cash App operates in 2 countries; Monzo operates in 2 countries. 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.