Suggestions appear as you type. Use the up and down arrows to choose one and Enter to open it.

This page's audience our own tag's counts — open to see them
–Visits
–Page views
–Clicks to vendors
–Time on page
–Reading now
Clicks to vendors, by tool
  • –
Top countries
  • –
Devices
  • –

– · visits, page views and clicks counted by our own tag, which counts more than our checked analytics; every figure rounded down · how we count

Head-to-head · Digital Wallet Apps

Monzo vs Wise

  • Updated Oct 2026
  • Both researched from official sources
  • 4 checks side by side
Higher score Monzo #7 in Digital Wallet Apps 8.6/10 Free plan Free plan✓ 3 of 3 features Visit Monzo
Wise #8 in Digital Wallet Apps 8.5/10 Free plan Free plan✓ 0 of 3 features Visit Wise

Monzo leads on 0 checks, Wise on 0, and 4 are even. Who comes out ahead on the 4 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreMonzo · 8.6/10
  • Free planboth
  • Most featuresMonzo · 3 of 3

Monzo scores higher on our rubric for digital wallet apps: 8.6 against 8.5 out of 10; our editors rank them #7 and #8.

Monzo is the better fit for UK current-account and budgeting users. Wise is the better fit for international transfers at mid-market rates.

  • Monzo fits best

    UK current-account and budgeting users

  • Wise fits best

    International transfers at mid-market rates

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Monzo 8.6/10 Visit ↗ Wise 8.5/10 Visit ↗
At a glance
Editor score 8.6 8.5
Ranking #7 in Digital Wallet Apps #8 in Digital Wallet Apps
Best for UK current-account and budgeting users International transfers at mid-market rates
Pricing model Free plan + paid Free plan + paid
Starting price £3/mo Free plan
Free plan ✓ ✓
Free trial — —
Deployment Cloud, Mobile Cloud, Mobile
Platforms Web, iOS, Android Web, iOS, Android
Support Live chat, Email, Phone, Docs · 24/7 Docs
Integrations 4 integrations 2 integrations
Built for Solo, Small business, Mid-market Solo, Small business, Mid-market, Enterprise
Features Monzo 3/3 · Wise 0/3
Virtual cards ✓ (best) Not checked yet
Peer transfers ✓ (best) Not checked yet
International transfers ✓ (best) Not checked yet
Specs
Asset scope Cards_and_fiat Not checked yet
Supported platforms iOS, Android, web Not checked yet
Transaction limit 100 per transaction Not checked yet
Our review
Pros
  • Free account includes a UK current account, cards and budgeting Pots
  • No foreign transaction fees on debit card payments
  • Supports peer payments, bank transfers and major mobile wallets
  • Mid-market exchange rates with upfront fee and delivery estimates
  • Scheduled transfers, exchange-rate alerts and payment tracking
  • Web, iOS and Android access with Apple Pay and Google Pay funding
Cons
  • Personal accounts are available only to UK residents
  • Virtual cards start with the Extra plan at £3 per month
  • Transfer limits vary by account and are managed in the app
  • Fees, delivery times and recipient options vary by route and region
  • Bank-based recipient methods may not fit every payment need
  • Some availability and features vary by region
Our verdict

Monzo is a UK digital bank offering personal current accounts, debit cards, budgeting Pots, spending categories, savings and money transfers. It is designed for UK residents who want everyday banking through iOS, Android or the web, with…

Read the review →

Wise is an international money transfer service for individuals and businesses. It supports sending money abroad, receiving payments, checking exchange rates, funding transfers by bank transfer or debit or credit card, and tracking payment…

Read the review →
  1. MonzoDigital Wallet Apps 8.6Free plan
  2. WiseDigital Wallet Apps 8.5Free plan

Strengths and trade-offs

  • Monzo — where it wins

    • Free account includes a UK current account, cards and budgeting Pots
    • No foreign transaction fees on debit card payments
    • Supports peer payments, bank transfers and major mobile wallets

    Where it doesn't

    • Personal accounts are available only to UK residents
    • Virtual cards start with the Extra plan at £3 per month
    • Transfer limits vary by account and are managed in the app

  • Wise — where it wins

    • Mid-market exchange rates with upfront fee and delivery estimates
    • Scheduled transfers, exchange-rate alerts and payment tracking
    • Web, iOS and Android access with Apple Pay and Google Pay funding

    Where it doesn't

    • Fees, delivery times and recipient options vary by route and region
    • Bank-based recipient methods may not fit every payment need
    • Some availability and features vary by region

More comparisons

All digital wallet apps comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update