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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 efficient straightforward

Friendly worthwhile money saving bank excellent all round Reviewed on: 25th February 2023

Decent Interest Rate

Opened a savings account as Monument we’re offering a fairly decent return on my money (unlike the high street Banks). Easy to set up and no issues thus far Reviewed on: 25th February 2023

Understanding

I didn't actually go through with my investment due to unforseen circumstances but they were incredibly understanding and helpful. Hopefully I can invest in the future Reviewed on: 25th February 2023

Great service

I recently opened an account with monument as an online service, and my whole experience was online , exactly what I wanted. Reviewed on: 25th February 2023

Savings

Need more savings accounts for a bigger choice Reviewed on: 24th February 2023

Good interest and easy to open

My wife and I opened a fixed rate account. Mobile app is easy to use. It was easy to open our account. It’s fixed, so we’ve not had any need to contact them since. We get lots a communication which is good. Reviewed on: 24th February 2023

Inspires confidence

Total trust in a good product which inspires confidence in the saver Reviewed on: 24th February 2023

Ease of use and clarity are ace!

Managing money well is something we need to do to ensure a good life! However the sheer hassle of monitoring and switching deters the majority of us. Monument makes the whole process much easier. I can easily manage things from the app in spare moments rather than having to set aside money office time. Reviewed on: 24th February 2023

Savings Account

I follow Martain Lewis So when I opened the account Monument offered the best interest rate, hence I choose Monument. Reviewed on: 24th February 2023

Good Service, great interest rates, simple processes

I had no problems opening my online high interest account. The bank were very helpful when I had a query and the transaction went through very smoothly. Reviewed on: 23rd February 2023

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