MONZO BANK LIMITED
Financial Ombudsman decision DRN-4761318 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Wed Jul 03deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
Irresponsible lending, Charges and fees
In the Ombudsman’s words
Miss S complains that Monzo Bank Ltd lent irresponsibly when it approved her overdraft application.Irresponsible lending
refund all interest, fees and charges applied from September 2020 onwardsCharges and fees
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4761318.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.