Monzo Betting Sites 1

Monzo Betting Sites

We review the best Monzo betting sites for June 2026, providing all the information you need today.

Monzo is an online bank that opened in 2015 and has more than 5 million customers in the UK. It is now proving to be a popular betting payment method. 

Many people are therefore now looking to deposit at online bookmakers using their Monzo accounts, as it continues to expand and gain popularity due to its ease of use.

In this guide, we have delved deep to find the UK’s top-rated Monzo betting sites for horse racing and online gambling.

Find out more about the best Monzo betting sites:

Monzo betting sites

Best Monzo Betting Sites

From our research, this is a list of the best Monzo Betting Sites in June 2026:

  • bet365 Monzo

    bet365 Accepts Monzo
    bet365 logo
    Bet365.com allows payments made through Monzo which are free and instant deposits

    Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. #AD Registration required.

    Full T&C's Apply
  • Paddy Power Monzo

    Monzo Available for Deposits
    paddypower logo
    PaddyPower betting app has a wide choice of payment options, including a Monzo debit card

    New customers only. Place your FIRST bet on any market at odds of min 2.0 (EVS) and if it loses we will refund your stake in CASH. Max refund for this offer is £20. #AD Only deposits made using cards will qualify for this promotion.

    Full T&C's Apply
  • Betfred Monzo

    Monzo Payment Methods Available
    betfred logo
    You can make Monzo payments at Betfred.com or monzo.com deposits to the Betfred betting app via the wallet
  • 888 Monzo

    888sport App Accepts Monzo
    888sport logo
    888sport.com accept payments through Monzo, among many other deposit methods.

    New online 888sport customers in the UK and Ireland, excluding re-registered customers. Valid from 15/01/2024. Min Deposit £/€10 with code 30FXS. Qualifying bet: ‘real money’ stake of £/€10+, odds 1/3 (1.33)+. Free bet, consists of 3x £/€10 tokens: 1x £/€10 horseracing, 1x £/€10 football, 1x £/€10 in-play, which will be credited upon qualifying bet settlement and must be used entirely before expiration in 7 days. No cashing out, each way bets, permutations, or combining with ‘real money’ stakes. Payment restrictions apply. T&Cs apply.

    Full T&C's Apply
  • Ladbrokes Monzo

    Payments Via Monzo Accepted
    ladbrokes logo
    Ladbrokes offers customers a good range of deposit methods and Monzo payments are a popular choice for UK bettors online

    Monzo is a very secure and trusted payment gateway for Ladbrokes.com cashier options. #AD

     

    Full T&C's Apply
  • Spreadex Monzo

    Monzo Accepted
    spreadex logo
    Spreadex accepts Monzo payments when betting online and makes our top-rated Monzo Betting websites list.

    To make payments online, log in to your Spreadex account then click ‘Payments’. To make payments at www.spreadex.com via your smartphone. #AD

    Full T&C's Apply
  • Mr Play Monzo

    Adds Funds Quick With Monzo
    mrplay logo
    Monzo is an accepted bank in the instant banking tab for both cashouts and deposits on mrplay.com betting account

    To deposit funds using your Monzo card you need to access it through the “Instant Banking” tab. 18+ terms and conditions apply. Adding money via Monzo is seen as a trusted and safe payment gateway. #AD

    Full T&C's Apply
  • Betway Monzo

    Fund Account With Monzo
    betway logo
    Betway accepts most debit cards when betting online and Monzo makes the list of trusted payment methods.

    Monzo provides a fast and efficient depositing and withdrawing option for paying out winners. Download Betway Racing & Sports Betting and enjoy it on the go. #AD

    Full T&C's Apply
  • Parimatch Monzo

    Monzo Payment Available
    parimatch logo
    Parimatch allows you do deposit and withdraw funds using your Monzo debt card when betting online.

    18+ New customers only. Customers who are betting online have the ability to use Monzo for deposits and withdrawals. Card payments only. | begambleaware.org | Please gamble responsibly. #AD

    Full T&C's Apply
  • Virgin Bet Monzo

    Add Funds With Monzo
    virginbet logo
    Virgin Bet accepts the secure Monzo payment method for online gambling and horse racing betting.

    Monzo is an accepted Virgin Bet withdrawal and deposit method for players based in the UK, using GBP or EUR currency. #AD

    Full T&C's Apply
  • William Hill Monzo

    Monzo Deposits Accepted
    williamhill logo
    Monzo is accepted as a deposit payment and withdrawal method for William Hill betting online.

    18+. Free bets are credited after settlement of the first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, and Monzo payment method is accepted for safe deposits and trusted withdrawals. #AD

    Full T&C's Apply

The list below is hugely popular, and many of these have made our list of the top-rated UK bookmakers.

What is Monzo and How Does It Work?

Monzo is a UK-based app that offers bank account features similar to those of traditional bank accounts.

In addition to its prepaid debit card and mobile app, Monzo has been providing its clients with a deposit account since 2017.

These features include interest on savings, overdraft protection, budgeting tools, and a debit card for both online and in-person purchases.

A Monzo account allows you to pay with a card, receive money into it, and make bank transfers. Even though there are no branches, Monzo functions like any other bank account.

As with any UK bank, you’ll have an account number, a sort code, and a debit card to make purchases and get cash from ATMs.

What Are The Costs Of Monzo?

If you opt for the basic account, Monzo is free, with no annual charge and no fees for online or offline card transactions. Naturally, you will be charged interest if you overdraw your account.

The Monzo Plus and Monzo Premium accounts come with a small monthly fee and extra perks. Even better, you can make free withdrawals of up to £200 every 30 days while travelling.

Monzo Plus and Monzo Premium allow you to make bigger withdrawals. If you withdraw more than your free allowance, a minor fee will be charged.

How Do I Deposit into My Betting Account Using Monzo?

Using your Monzo debit card to deposit into your sports betting account is the most straightforward option.

  1. Log in to your online betting account.
  2. Select Monzo as your preferred payment method on the deposit page.
  3. Enter the Deposit amount.
  4. Authorise the transfer of funds using the sort code and account number.

As with any typical bank account, you can also use a bank transfer.

How to Withdraw Using Monzo

At some bookmakers, you can ask for money withdrawals to be transferred into your account or put back on your Monzo card.

You will need your sort code and account number to withdraw straight to your Monzo account.

Benefits Of Using Monzo For Betting

Monzo makes it quick and simple to add money to your betting account. Deposits are fast, and there are typically no costs.

You will typically discover that your deposit qualifies for the welcome bonus or free bet credits because you can use your Monzo debit card, as opposed to other methods of payment, which sometimes do not.

Additionally, Monzo offers an in-app gambling block, allowing you to limit your gambling if you feel like it is out of control. Before you proceed, you can also contact customer care to learn more about how it works and to receive additional assistance if needed.

Drawbacks Of Monzo For Betting

The main drawback of using Monzo for betting is that you will have to put your card or bank details into the betting site. This is the same when using any debit card or bank account for betting.

You will not need to do this when using e-wallets or third-party payment processors.

Is Monzo Safe For Online Betting?

Most of the time, paying with Monzo is safe because reputable betting sites generally have robust payment security measures in place.

If you prefer not to enter your payment information, consider one of our top payment gateways.

Check out our best Monzo betting sites listed above to ensure you visit a trusted horse racing betting site.

Popular Questions

Can you use Monzo for betting?

You can use Monzo at any online betting site which allows you to deposit funds using a debit card.

Monzo doesn’t block payments to gambling companies as a default, instead allowing customers to turn on the block by using the Monzo app.

What is a Monzo gambling block?

A Monzo gambling block is an optional tool that you can apply to your account in the Monzo app.

Every time you spend money with a gambling operator, the transaction is tagged with a gambling merchant category code (MCC).

When you turn the gambling block on, we decline any gambling transactions before they go through.

Can Monzo turn the gambling block off?

If you are looking for Monzo unblock gambling feature you need to speak to Monzo’s customer support team.

If Gambling Block is enabled on your Monzo card Monzo support will ask questions like “Has your gambling situation changed since you first switched on the restrictions?” to help you think through your reasons for turning it off.

How Do You Activate The Monzo Gambling Block?

To activate a Monzo gambling block, select “Controls” under “Settings” on the Monzo app. When you are inside, you will see a choice to ban payments for gambling on your card. Then, all you have to do is turn on this function. You will have to wait 48 hours before you can turn it off again.

Does Monzo Have A Banking License?

Monzo has a banking license in the UK that it received in April 2017. The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) both have regulatory authority over the bank.

Summary of Monzo Betting Sites Payments

Monzo is a great way to bet online, especially since you can use your Monzo debit card to get the welcome bonus at many betting sites.

Monzo has generated a lot of buzz among punters. One reason a bettor might use Monzo for online payments is that there are no costs, withdrawals happen practically instantly, and almost all online bookies accept it.

However, we can’t ignore the fact that Monzo doesn’t accept gambling payments, just like every other fintech company. As a result, additional verification may be required, and your account might be temporarily suspended.

Monzo can be a helpful payment option for beginner users and is making waves in the betting industry. However, we advise high-stakes gamblers to use a wallet like Skrill or Neteller.