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Updated September 28, 2026 · VaultCue Editorial Team

Monzo vs Pixpay FR

Monzo scores 8.9 and Pixpay FR 8.7 out of 10. Compare their differences and shared features below.
Monzo

Monzo

Higher score in this comparison

8.9/10
Visit
Pixpay FR

Pixpay FR

8.7/10
Visit

What sets them apart

Monzo vs Pixpay FR
CompareMonzoMonzoReviewVisitVisitPixpay FRPixpay FRReviewVisitVisit
Monthly fee£0€3.99
Deposit protectionFSCS up to GBP 85,000EU DGS up to EUR 100,000
Free ATM withdrawals£200€1
Transfer fee0 for UK transfers and foreign-currency card spend; international transfer up to GBP 9 fixed plus 0-1.80%Free: no top-up fee when funding by card or transfer, and no transaction fees
Currency conversion feeNot confirmed2%
Currencies38Not confirmed
Local account detailsNot confirmedIBAN

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Monzo scores higher overall: 8.9 vs 8.7.
  • Pixpay FR is licensed in 1 more country.
  • Pixpay FR is available in 2 more countries.
  • Support channels: only Pixpay FR offers Email, Chat.
  • Audience: only Monzo offers Business.
  • Features: only Pixpay FR offers Free ATM.

Our verdict on each

Monzo

Monzo suits UK residents who want a fee-free current account, a linked instant-access savings pot and card spending abroad without a markup. The current account runs a monthly fee of £0, savings pay 2.75% to 3.5% variable, and deposits are covered by the FSCS: FSCS up to GBP 85,000.

Read the full Monzo review

Pixpay FR

Pixpay suits a teen in France who wants a card and app of their own. It costs €3.99 a month, converts currency at 2%, and covers deposits under EU protection, so euro spending stays cheap while other currencies do not.

Read the full Pixpay FR review

Score breakdown

Monzo vs Pixpay FR
AreaMonzoPixpay FR
Cost9.3HigherCurrent account monthly fee of £0 and a 0% exchange rate markup on foreign-currency card spend.8.4Monthly fee of €3.99 against a site median of €0, with fx conversion at 2%.
Offer9.2Instant-access savings paying 2.75% to 3.5% variable, instant withdrawals, a joint account, 38 currencies and a free cash machine allowance.9.2Built for teens per teen, with free ATM withdrawals per free atm and joint account and support on email, chat and help centre.
Trust8.4Not confirmed

Availability and regulation

Monzo vs Pixpay FR
CountryMonzoPixpay FR
MaltaNot confirmed
NetherlandsNot confirmed
United KingdomNot confirmed

Additional countries for Monzo: 1. Additional countries for Pixpay FR: 3.

Where they rank in our lists

Monzo vs Pixpay FR
RankingMonzoPixpay FR
Student, teen and kids accounts8 of 2735 of 273

Sources behind this comparison

Monzo

  • monzo.com: 11 facts, checked September 26, 2026
  • en.wikipedia.org: 1 fact, checked September 26, 2026

Pixpay FR

  • pixpay.fr: 7 facts, checked September 26, 2026
  • pixpay.zendesk.com: 4 facts, checked September 26, 2026

Every fact side by side

Monzo vs Pixpay FR
FactMonzoPixpay FR
AudienceBusiness, TeenCovers moreTeen
Pricing modelNo monthly feeNot confirmed
FeaturesJoint accountFree ATM, Joint accountCovers more
Legal entityMonzo Bank LimitedBFF Financial Services
HeadquartersUnited KingdomFrance
Founded2015Not confirmed
Support channelsHelp centreEmail, Chat, Help centreCovers more

Savings

Monzo vs Pixpay FR
FactMonzoPixpay FR
Headline rate2.75% to 3.5%Not confirmed
Rate typeVariableNot confirmed
Minimum deposit£0Not confirmed
Access termsInstant withdrawals any time, no limits, interest paid monthly, up to 20 Savings Pots, Monzo current account required, aged 16+Not confirmed
Account kindEasy accessNot confirmed

Money transfer

Monzo vs Pixpay FR
FactMonzoPixpay FR
Exchange rate markup0%Not confirmed
Delivery timeSame day for 95% of customers, average 1 dayNot confirmed
Payout methodsBank, CardNot confirmed
Fee to send 1,000£0 to £9Not confirmed

Where each stands against the rest

Monzo vs Pixpay FR
FactMonzoPixpay FRMedian
Currency conversion feeNot confirmed2%above the median0.5%
Currencies38highest quarterNot confirmed5

Median across 536 listed accounts.

Pros and cons

Monzo

Pros

  • No monthly fee on the current account: £0
  • No exchange rate markup on foreign-currency card spend: 0%
  • Savings pay a variable rate of 2.75% to 3.5% with instant withdrawals and interest paid monthly

Cons

  • Support runs on help centre only
  • Savings need a Monzo current account first, and the pot sits in an easy access product
  • International transfers charge £0 to £9 plus a percentage, unlike UK transfers and foreign-currency card spend, which cost nothing

Pixpay FR

Pros

  • Built for teens as the account's stated audience, which is a smaller field than general accounts
  • Deposits are under EU DGS with cover of EU DGS up to EUR 100,000
  • No charge to top up by card or transfer, and no transaction fees, so everyday money movement costs nothing

Cons

  • A monthly fee of €3.99 where the site median is €0
  • A currency conversion fee of 2%, against a site median of 0.5% and a teen and student median of 1.5%
  • Support runs on email, chat and help centre only, with no phone line listed

Who each suits

Monzo

Who it suits

  • UK adults and teens who want everyday spending with no monthly cost
  • Savers who want instant access to their money without a notice period
  • Travellers who spend abroad often, given the 0% markup and 38 currencies

Who should look elsewhere

  • Anyone chasing a fixed-term rate, since the savings rate is variable and money comes out instantly
  • People who want phone or email help, because support runs on help centre only
  • Shoppers who only need a wallet for online payments can look at PayPal Colombia instead, where the monthly fee is $0

Pixpay FR

Who it suits

  • A teen in France who wants their own card and app, with a French IBAN and euro pricing
  • A parent looking for a shared or joint account with a young person
  • Anyone who holds euro spending money and wants the balance covered by EU deposit protection

Who should look elsewhere

  • Anyone who spends in other currencies often, since the conversion fee sits well above the teen and student median
  • A reader who wants an account with no monthly charge, where bunq lists a monthly fee of €0
  • Credit Agricole Egypt Member Get Member, which charges a monthly fee of EGP 50 and targets a different market

Current offers

Monzo

Current offer

  • Free trial

    3 month free trial of YouTube Premium Lite included with the Max plan: 3 months free YouTube Premium Lite

    Max plan subscribers, aged 18-69, 3 month minimum term, UK residents, Ts&Cs apply

    Source, checked September 26, 2026

Pixpay FR

Current offer

  • First period offer

    One month free for back to school (code BACKTOSCHOOL): 1 month free

    Promo code BACKTOSCHOOL, autumn 2026 offer on Pixpay plans; cancellable at any time

    Source, checked September 26, 2026

Country by country

Monzo vs Pixpay FR
CountryMonzoPixpay FR
FranceNoYes
MaltaNoYes
NetherlandsNoYes
United KingdomYesNo

Questions about each

Monzo

What does Monzo charge each month?+

The current account has a monthly fee of £0, and the pricing model it runs on is no monthly fee. The savings side carries no monthly charge either, with a minimum deposit of £0. The legal entity behind both is Monzo Bank Limited.

Is my money protected?+

Deposits are covered by the FSCS: FSCS up to GBP 85,000. In the UK the account is regulated by the Financial Conduct Authority and the Prudential Regulation Authority, so it is a bank rather than an e-money wallet. The legal entity is Monzo Bank Limited, based in the United Kingdom.

Pixpay FR

How much does Pixpay cost to run each month?+

The monthly fee is €3.99, where the median across the accounts tracked is €0. Most of the accounts in the teen and student ranking charge nothing, so the monthly charge is the main running cost here. It ranks 443 of 500 on that measure.

What does it cost to change currency?+

Currency conversion is charged at 2%, which sits above the site median of 0.5% and the teen and student median of 1.5%. A reader who spends mainly in the euro pays nothing extra, since the fee applies when money is converted. It ranks 214 of 312 on conversion cost.

Other options to compare

Monzo

Visit

Pixpay FR

Visit