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 . Your account will stay open at £0.00 and you won’t be charged or penalised in any way
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You’ll be fine enjoy the account when you do start to use it
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Thanks Dan
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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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