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Monzo: Savings reviews

Name: Savings
Rating: 4.84 (268 reviews)

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4.84

Based on 268 reviews, last reviewed 8th Jul 2026

89% decrease in 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

96%

3 star

2 star

Latest highest rating:

5

Monzo is great for saving Monzo Savings has been fantastic. It’s incredibly easy to set up, the app is simple to use, and I can watch my savings grow with competitive interest ... Read more Reviewed on: 8th July 2026

Latest lowest rating:

1

am deeply disappointed and shocked by Monzo’s beha... I am deeply disappointed and shocked by Monzo’s behaviour. Not only did they close my account without warning, they also shut down my husband’s accoun... Read more Reviewed on: 11th March 2026

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About this product

Monzo have a range of savings accounts that can be opened and managed online.

Monzo savings accounts include instant access, cash ISA and fixed rates. Instant access accounts can be opened with just £10. Spare change can be added to Savings Pots automatically and you can schedule monthly savings deposits.

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

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Awards

Best British bank 2026

Awarded to the bank rated highest in UK customer reviews.

Monzo Savings reviews (268)

Monzo is great for saving

Monzo Savings has been fantastic. It’s incredibly easy to set up, the app is simple to use, and I can watch my savings grow with competitive interest rates. I love how seamless it is to move money in and out whenever I need to, while still staying motivated to save. The whole experience is fast, secure, and stress-free. I would highly recommend Monzo Savings to anyone looking for a modern, reliable way to reach their financial goals. Reviewed on: 8th July 2026

Monzo Cash ISA Savings

My experience with Monzo’s Cash ISA has been really positive overall. It was quick to set up through the app, and I like how everything is in one place alongside my current account. Moving money in and out is instant, which makes it very convenient if I need access to my savings. I also like the way you can organise savings into different “pots” for goals, which makes it easier to stay on track. The interest being paid monthly is a nice bonus and helps me see progress. On the downside, the interest rate isn’t always the most competitive compared to other providers, and you need a Monzo current account to use it, which might not suit everyone. Also, some of the higher rates depend on paid plans or limiting withdrawals. Overall, it’s a simple, flexible, and easy-to-use Cash ISA that works well if you like managing your money through an app. Reviewed on: 25th April 2026

good savings tools and options

the savings challenge is a great way to put money away without thinking about it, and the rainy day account makes it easy to lock money away (with delayed access) Reviewed on: 17th April 2026

I budget a whole lot better with the pots

I budget a whole lot better using the pots Reviewed on: 17th April 2026

Savings pots are the way forward

Very easy to use app, and no fees abroad. We love the savings pots that allow you to save for different things very easily. Reviewed on: 17th April 2026

Monzo helps people in savings and manage their money...

Monzo helps people in savings and manage their money with opportunity Reviewed on: 16th April 2026

Easy to use, very clear and great to be able to open...

Easy to use, very clear and great to be able to open up different pots with different goals. Reviewed on: 16th April 2026

I’ve had a very positive experience banking with Mon...

I’ve had a very positive experience banking with Monzo since I joined. The app is easy to use, and the overall experience feels modern and well thought out. One of the standout features for me is the budgeting and savings tools. They make it really simple to keep track of my spending and stay in control of my finances. My favourite feature is the Pots – it’s a great way to separate money for bills, savings, and everyday spending, which has helped me stay organised and avoid overspending. Overall, Monzo has made managing my money much easier and more transparent, and I would definitely recommend it to anyone looking for a smarter way to bank. Reviewed on: 16th April 2026

I just love Monzo!

I just love Monzo!! So informative easy to use Reviewed on: 14th April 2026

Best bank by a country mile!

Best bank by a country mile!! From savings, too converting, using it abroad, 1p, and greggs weekly!! It’s the little things. Not waiting 45 mins in a Santander to get your money out ffs Reviewed on: 13th April 2026

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