Last updated: 9 June 2026
By Stiv · Design, technology and personal finance
Quick take: Monzo investment fees were cut in February 2026 from 0.45% to 0.25% a year (or from 0.35% to 0.20% on certain paid plans). If you're a smaller-balance, set-and-forget investor, Monzo just got a lot more competitive. If you're fee-optimising at higher balances, fund costs and fee caps still matter.
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Capital at risk. The value of investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results. This is not financial advice.
Monzo has made a change that actually matters: the platform fee for Monzo Investments is now 0.25% per year (and 0.20% if you're on eligible paid plans), down from 0.45% (or 0.35% for Plus and Premium customers) before the February 2026 fee cut. Fees accrue daily and get collected monthly from your investment account. That's the "Monzo fee" bit, not the fund manager's own fee (more on that below).
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