Is a zero balance OK?

So I’ve just signed up to Monzo. Loving the app and will at some point put some money into my account.
I’m just wondering, is it OK to have a zero balance?

Having a zero balance is totally fine :smiley:. Your account will stay open at £0.00 and you won’t be charged or penalised in any way :+1:t2:.


You’ll be fine :smiley: enjoy the account when you do start to use it :+1:t4:

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Thanks Dan :ok_hand:

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Just to add: if you attempt to buy anything with a balance of 0 it will just decline. Unless you have actively opted in to the overdraft.

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Great. Cheers for the info @redshift

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