Monzo
8.1#1 in digital wallet appsFrom £3 a monthFree planAndroidiOSWebAPI
VisitMonzo vs PiggyVest
What both publish
| Fact | Monzo | PiggyVest |
|---|---|---|
| Headquarters | Monzo describes its main base as London near Liverpool Street, with an office in Cardiff and staff working globally. | Victoria Island, Lagos, Nigeria |
| Security | Monzo says it is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA, with eligible deposits protected by FSCS up to £120,000 per person. | PiggyVest says it uses 256-bit SSL encryption, encrypts card and bank data, and provides two-factor authentication. |
Monzo plans
- Business LiteFree
- FreeFree
- MonzoFree
- Extra£3 a month
- Perks£9 a month
- Business Pro£9 a month
PiggyVest plans
- PiggyVest servicesFree
Pick Monzo if…
Monzo suits UK residents seeking a current account with app tools for budgeting, saving, travel spending or investing. Plan conditions and rates vary by account or subscription.
Pick PiggyVest if…
PiggyVest suits people who want scheduled or goal-based savings, including group challenges, as well as those considering its investment opportunities. Its savings options include longer-term locking and a tool for setting aside rent and household bills.