'Your bank should do the hard work for you': Monzo debuts possibly the best
UK SIM deal just in time for summer heres how to join the waitlist

Date:
Thu, 28 May 2026 12:06:22 +0000

Description:
The mobile banking app Monzo is launching three new mobile phone plans in the UK here's how Monzo Mobile compares.

FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter The banking app Monzo is launching new mobile phone plans The three plans will get cheaper the longer you stay with Monzo They launch this summer and you can join the waitlist now The mobile banking app Monzo has announced that it's shaking up the UK's mobile phone networks with three new eSim plans that launch this summer and they get cheaper the longer you stay.

Monzo Mobile will piggyback on the Virgin Media O2 network and the banking
app says it will reward loyalty by reducing your monthly bills by 5% each year, up to a total discount of 30%. That's a new trick that could prove popular with anyone who's tired of contract price hikes.

So how do those three plans break down? As you can see below, Monzo will be offering an 8 p/month plan (with a 10GB data cap), a 12GB p/month one (for 30GB of data), and an 'Unlimited' plan for 20 p/month. Beyond the data caps, the main differences between the three are their roaming options. You may
like Smarty launches a new double data SIM deal get 80GB for 10 a month What is an MVNO and why should I use one? 'An incredible deal': Grab a 1000GB monthly preloaded 5G data SIM valid till November 2027 for just 68 thanks to Three and Vodafone Monzo's cheapest plan starts at 8 p/month, but doesn't include any roaming options. (Image credit: Monzo) These aren't the absolute cheapest mobile network plans in the UK for example, Lebara (which uses the Vodafone network) currently has a 10GB monthly rolling contract that costs on average 2.48 p/month over a year, and includes roaming. But Monzo Mobile's plans are certainly still tempting and the digital bank will be hoping to convert some of its 15 million customers with features like the ability to track your mobile data, roaming and more within the Monzo app.

The flipside is that you'll need a Monzo current account to its new mobile network, with the waitlist open now if you head to official Monzo Mobile page . How good a deal is it? (Image credit: Getty Images / SOPA Images) The
launch of Monzo Mobile is certainly a smart move for the digital bank, which has strong brand recognition in the UK but not everyone is convinced it'll
be a home run just yet. Get daily insight, inspiration and deals in your
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Duygu Yenidogan-Schmidt, General Manager for Core Banking at Monzo, said that "we've always believed your bank should do the hard work for you" and that
the new network is "mobile, done the Monzo way.

However, Monzo isn't the first new mobile player we've seen recently. Earlier this year Revolut launched a mobile plan that gives you a free NordVPN subscription for all plans. The digital bank Klarna also has a waitlist open for its new unlimited plan.

Jez Samuel, Uswitch mobiles expert, said: "Were seeing more players enter mobile than ever before, which can only mean more choice for consumers. Flexible, no-contract plans are appealing, but that flexibility cuts both
ways as Monzo can change the price of its plans at any time. What to read
next The ultimate travel money saver stay connected wherever, whenever with 20% off Roamless eSIMs 'We are democratizing mobile communications': Lidl is launching budget mobile phone plans with new MVNO BT relaunches BT Mobile for broadband customers

While Monzo Mobile's headline feature is its 5% loyalty discount, there's nothing to stop it rolling out inflation-linked price rises. The banking app told This is Money that there is no "commitment" to making them "at this stage".

Customers who are already on high-value networks like Giffgaff also aren't necessarily tempted to switch. Over on Reddit , one commentator claimed that the "O2 network is disappointing" and that they're "super shocked that EU roaming is not included across all plans" (you don't get this on the 8
p/month Monzo Mobile plan).

Meanwhile, a current Giffgaff customer said they're "definitely not sold" due to the pricing and lack of EU roaming in the base Monzo plan. Still, Monzo users could still see value in tracking their banking and mobile usage in one app, and we'll find out exactly how popular this new player is when it launches this summer. Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews, and opinion in your feeds.



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Link to news story: https://www.techradar.com/phones/network-providers/your-bank-should-do-the-har d-work-for-you-monzo-debuts-possibly-the-best-uk-sim-deal-just-in-time-for-sum mer-heres-how-to-join-the-waitlist


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