Updated September 29, 2026 · SumCue Editorial Team
Linxea vs Monzo
Linxea
Monzo
Higher score in this comparison
Where Linxea and Monzo differ
| Compare | LinxeaReviewVisitVisit | MonzoReviewVisitVisit |
|---|---|---|
| Headline rate | 3% | 2.75% to 3.5%Higher |
| Minimum deposit | €100 | £0 |
| Deposit protection | EU DGS up to EUR 100,000 | FSCS up to GBP 85,000 |
| Access terms | Redemption from 100 EUR; euro fund capital 99.4% guaranteed; subscription and management 100% online | Instant withdrawals any time, no limits, interest paid monthly, up to 20 Savings Pots, Monzo current account required, aged 16+ |
| Monthly fee | €0 | £0 |
| Term | Not confirmed | 12 to 84 months |
| Regulators | ORIAS | Not confirmed |
Same on both: Rate type (Variable), Account kind (Easy access).
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Key differences
- Monzo scores higher overall: 9.1 vs 8.7.
- Headline rate is higher at Monzo: 2.75% to 3.5% vs 3%.
- Pricing model: only Linxea offers Low fees.
- Pricing model: only Monzo offers No monthly fee.
Our verdict on each
Linxea
Linxea suits expats in France seeking life cover linked to funds and bonds with easy access and variable returns. Opening asks €100 with 0% entry fee on Linxea Avenir 2, headline at 3% and cover at EU ICS up to EUR 20,000 with online management.
Monzo
Monzo suits people who want everyday banking, saving and borrowing handled in one app. The current account has a monthly fee of £0, and the savings pot pays 2.75% to 3.5% with withdrawals any time and no limits.
Score breakdown
| Area | Linxea | Monzo |
|---|---|---|
| Cost | 8.4Monthly cost stays at €0 with 0% entry fee on Linxea Avenir 2 keeping entry light | 9.4HigherSavings run on a no monthly fee model with a minimum deposit of £0, and the credit card annual fee is £0. |
| Offer | 8.9Life cover linked to funds and bonds with variable pricing at 3% | 9.6HigherLoan types include personal, debt consolidation and car for home improvement, and virtual card and travel come with the account. |
| Trust | 8.8HigherOversight by ORIAS with cover at EU ICS up to EUR 20,000 stated | 8.5 |
Positions in our rankings
| Ranking | Linxea | Monzo |
|---|---|---|
| Savings | 5 of 1492 | 24 of 1492 |
| Savings accounts | 4 of 658 | 15 of 658 |
Pick Linxea if, pick Monzo if
Pick Linxea if trust matter most.
Pick Monzo if offer and headline rate matter most.
Sources behind this comparison
Linxea
- linxea.com: 8 facts, checked September 26, 2026
- bogleheads.org: 1 fact, checked September 26, 2026
Monzo
- monzo.com: 12 facts, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Linxea | Monzo |
|---|---|---|
| Pricing model | Low fees | No monthly fee |
| Legal entity | Not confirmed | Monzo Bank Limited |
| Headquarters | Not confirmed | United Kingdom |
| Founded | Not confirmed | 2015 |
| Support channels | Not confirmed | Chat, Phone, Help centre |
Personal insurance
| Fact | Linxea | Monzo |
|---|---|---|
| Premium from | €25 | Not confirmed |
| Insurance types | Life | Not confirmed |
| Provider type | Broker | Not confirmed |
| Monthly payments | Yes | Not confirmed |
| Audience | Expats | Kids, Business |
| Claims channels | Phone, Email, Post | Not confirmed |
| Age range | 18+ | Not confirmed |
Loans
| Fact | Linxea | Monzo |
|---|---|---|
| APR | Not confirmed | 29% |
| Loan amount | Not confirmed | £10,000 to £35,000 |
| Arrangement fee | Not confirmed | 0 |
| Funding time | Not confirmed | Minutes after approval, into the Monzo account |
| Representative example | Not confirmed | Borrow £4,800 over 36 months, 35 monthly repayments of £181 plus one final payment of £150.99, 20.9% fixed interest rate, 23.0% representative APR, total repay £6,485.99 |
| Features | Not confirmed | Virtual card, Travel |
| Lender type | Not confirmed | Direct lender |
| Free early repayment | Not confirmed | Yes |
| Eligibility | Not confirmed | UK residents aged 18+, Monzo Current Account required |
| Loan types | Not confirmed | Personal, Debt consolidation, Car |
| Credit needed | Not confirmed | Fair |
| Use cases | Not confirmed | Home improvement |
Credit cards
| Fact | Linxea | Monzo |
|---|---|---|
| Annual fee | Not confirmed | £0 |
| Currency conversion fee | Not confirmed | 0% |
| Rewards type | Not confirmed | None |
| Perks | Not confirmed | 0% interest over 3 months on purchases of GBP 100 or more, repeatable, 0% interest if you pay in full, No overseas fees (Mastercard exchange rate only), Section 75 purchase protection, Credit limit up to GBP 10,000, Flex purchases from up to 2 weeks ago, Instant notifications and real time balance updates, Separate paid card: Aura (GBP 15 a month) adds 1% cashback on groceries, 0.5% on everything else uncapped, auto invested cashback, Apple TV, Google AI Plus, 2 airport lounge and 2 fast track passes a year |
| Card kind | Not confirmed | Credit |
Where each stands against the rest
| Fact | Linxea | Monzo | Median |
|---|---|---|---|
| Headline rate | 3%below the median | 2.75% to 3.5%above the median | 3.3% |
| Term | Not confirmed | 12 to 84 monthsabove the median | 60 |
Median across 710 listed providers.
Pros and cons
Linxea
Pros
- Entry premiums from €25 with monthly payments supported for gradual saving
- Ongoing account cost at €0 with 0% entry fee on Linxea Avenir 2 on Linxea Avenir cover
- Easy access structure via easy access linked to variable pricing at 3%
Cons
- Starting deposit of €100 sits above free entry at XTB at €0
- Stocks are not among its markets (funds and bonds), while DKB covers stocks, ETFs and bonds
- Cover centres on life life policies, which limits choice if you want health or travel add ons
Monzo
Pros
- A monthly fee of £0 on the current account, and a currency conversion fee of 0% across 38 currencies.
- Savings interest is credited monthly, with withdrawals any time and no limits.
- Personal loans of £10,000 to £35,000 are paid out Minutes after approval, into the Monzo account, and early repayment is free.
Cons
- The credit card charges 29% APR and its rewards type is none, so there is nothing to earn back on it.
- Loans ask for a credit rating of fair and only work alongside a Monzo current account.
- ATM withdrawals come with an allowance of £200, the weakest part of the travel offer.
Who each suits
Linxea
Who it suits
- Expats in France seeking life savings over XTB if insurance structure matters more than trading
- Cost aware savers choosing Linxea over DKB if low entry fees matter more than equity breadth
Who should look elsewhere
- Traders wanting stocks and ETFs should consider DKB for broader market breadth beyond funds and bonds
- Savers wanting free entry should consider XTB given Linxea asks €100 to open
Monzo
Who it suits
- People who want spending and saving in one place: the savings account pays 2.75% to 3.5% at a variable rate on an easy access basis.
- Households and small businesses, since the audience covers kids and business and the account includes virtual card and travel.
- People who prefer an app bank with its own regulator: the legal entity is Monzo Bank Limited, based in the United Kingdom.
Who should look elsewhere
- Euro account holders, since bunq charges a monthly fee of €0 on a euro account rather than a UK current account.
- Anyone after a secured card instead of an unsecured rate of 29% APR: Varo Believe Secured Credit Card has a monthly fee of $0.
- Travellers who mainly want a multi currency account: Wise charges 0.1% on conversion, which works on a different basis to a UK debit card.
Current offers
Linxea
Current offer
Bonus
100 EUR offerts ouverture Linxea Spirit 2 enfant mineur: 100 EUR
ouverture d'un contrat Linxea Spirit 2 pour enfant mineur
Source, checked September 26, 2026
Monzo
Current offer
Free trial
Annual Uber One Membership - 3 month free trial: 3 months free
Included with Monzo Perks and Max subscriptions; Ts&Cs apply
Source, checked September 26, 2026
Bonus
The 2026 Monzo Saving Challenge: Save from 1p to GBP 667.95 and be in with a chance of winning GBP 10,000; 5% AER (variable) paid monthly
Ts&Cs apply; Extra, Perks and Max customers unlock new challenge levels, bigger savings and monthly prize draws
Source, checked September 26, 2026
Country by country
| Country | Linxea | Monzo |
|---|---|---|
| France | Yes | No |
| United Kingdom | No | Yes |
Questions about each
Linxea
What does it cost to start and top up Linxea cover?+
You can open Linxea Avenir cover from €100 and add premiums from €25, with monthly payments supported. Management stays online, which helps you build savings gradually. Support across phone, help centre and community can guide you on scheduled payments and redemption options.
How does the headline rate work?+
Linxea lists a headline rate of 3% on a variable basis for relevant savings. Rates can move over time, so returns may vary across periods. You should view the rate alongside fund choice and euro fund terms before deciding if the structure fits your plans for flexible savings.
Monzo
What does it cost to keep the account day to day?+
The current account runs on a monthly fee of £0 and the savings pot takes a minimum deposit of £0. Loans add an arrangement fee of 0, and the credit card has an annual fee of £0, so the holding costs sit at the cheap end.
Is my money protected, and who regulates the bank?+
Deposits sit with Monzo Bank Limited under protection of FSCS up to GBP 85,000, and the bank is licensed by the Prudential Regulation Authority in GB under 730427. Card and cash losses fall outside that protection, and the retail loss rate in our data runs at 70.15%.
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