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Monument: Savings reviews

Name: Savings
Rating: 4.57 (94 reviews)

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4.29

Based on 94 reviews, last reviewed 9th Sep 2024

100% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

77%

14%

Latest highest rating:

5

Top Marks In All Areas Deposits and withdrawals really are instant with no delay like other so called 'instant access' accounts I've used. A great app too and favourable rat... Read more Reviewed on: 23rd August 2024

Latest lowest rating:

1

STAY AWAY Would not recommend anyone who are thinking to move their money into monument savings because of their interest rates. I have a large sum of cash whi... Read more Reviewed on: 9th September 2024

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About this product

You can save between £25,000 and £2,000,000 with Monument.

Choose from fixed term deposits, notice accounts and easy access savings. Monument savings accounts can be opened and managed through the mobile app. If you need help, you can speak to the UK-based team instantly in the app or via the phone.

Monument savings account reviews help you find out what it’s really like to be a customer. If you’ve used Monument before, you can also leave a review and share your experience.

Monument Savings reviews (94)

Review of the Monument, Savings:

I am unsure about his App.

I am unsure about his App. I opened a 45-day notice account and all went well- easy to set up and use the App. However, on trying to withdraw my money I noticed there is no option/button to close the account nor nothing telling me what the daily interest is/ has be earnt. So, I could only draw out the Balance amount displayed minus the interest which stays in the account after the withdrawal? -according to a chat session. As I thought this was rather silly, I changed my interest payments from compounded to being paid into my linked account. This didn’t happen and the interest has stayed in my account. On using the chat facility again, I was told there is a technical glitch and I would have to wait 48hrs to get my money. Not impressed. The other idea of not having a log out button is plain daft- The reason is safety/security so you can’t remain logged in? All decent apps allow you to log out and then automatically log you out anyway after a period of inactivity – some of which you can set to a particular timer i.e. 2mins, 5mins etc. This App is just LAZY. This App needs a CLOSING ACCOUNT button and a LOG OUT button – it also needs to FUNCTION properly. If I have got to ring/chat to you every time I needed to do something with my money then what's the point of an App at all? Is the App working for Monument or Monument working for the App? Reviewed on: 2nd May 2024

Easy to open informative app

It’s just so easy, clear, good interest rates Reviewed on: 11th March 2023

Good app, rates and setup.

Easy to set up app, transfer funds and with market competitive rates towards the higher end. Reviewed on: 11th March 2023

Never ended using them as they took too long to get back in touch about an ISA.

I wanted an ISA that was being offered however they didn't set it up and I went elsewhere Reviewed on: 11th March 2023

Quality service and very impressive app

Decided to join monument after very favourable reviews on the internet the whole process was very smooth and professionally managed Reviewed on: 11th March 2023

Savings

Rest to follow and operate the account, competitive rates Reviewed on: 11th March 2023

Superb app based bank

Really impressed with the loyalty bonus rates you receive if you wish to reinvest after account maturity. Reviewed on: 10th March 2023

New world bank

Bank is small, focussed on just supporting basic services. One of the highest interest rates.. For customers the bank is very easy use. Reviewed on: 10th March 2023

First experience with this bank

Very good company to deal with and I would recommend them to anyone else Reviewed on: 9th March 2023

Savings and Communications

I realise the Monument Bank are young, but they doing the best to give customers a best experience. Reviewed on: 9th March 2023

Good easy to use service

Able to apply for an account at a competitive rate. Easy to apply and add funds. Reviewed on: 9th March 2023

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