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Monzo: Savings reviews

4.75
Based on 33 reviews, last reviewed 5th Jun 2024
No new 5 star reviews
in the past 90 days
No new 1 star reviews
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88%
See only 4 star reviews
9%
3 star
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0%
2 star
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0%
See only 1 star reviews
3%

Latest highest rating:

5

I've been using Monzo Savings for quite a while and... I've been using Monzo Savings for quite a while and was able to earn quite a lot on interests! I'm pretty happy with how the savings accounts work, ho... Read more Reviewed on: 5th June 2024
Ania K's avatar
Ania K

Latest lowest rating:

1

I have been a customer of Monzo for years now but ou... I have been a customer of Monzo for years now but out of the blue they froze my account with no explanation or warning I have tried to call and email ... Read more Reviewed on: 12th February 2024
Albin Mathew's avatar
Albin Mathew

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.

Monzo Savings reviews (33)

Review of the Monzo, Savings:

Competitive in saving rates compared to others.

4
Competitive in saving rates compared to others. Reviewed on: 15th April 2024

My experience was very good and switch response

5
My experience was very good and switch response Reviewed on: 9th April 2024

Fantastic rates, products, tools

5
Fantastic rates, products, tools Reviewed on: 5th April 2024

Innovative

5
The bank's account activation/verification method is quite innovative Reviewed on: 4th April 2024

Extremely user friendly

5
It is extremely user friendly and very easy to understand Reviewed on: 3rd April 2024

Incredible interest rate with no penalties for withd...

5
Incredible interest rate with no penalties for withdrawals Reviewed on: 27th March 2024

Great current & savings accounts

5
Great savings account with possibly the highest interest rate in the market wilst maintaining full access to your money. Reviewed on: 15th March 2024

Immediate and good rate of interest.

5
Interest starts on same day as payment credit made. Easy immediate access to funds. Good interest rate. Reviewed on: 11th March 2024

Great savings rate 4% no charge to account

5
Great savings rate 4% no charge to account Reviewed on: 5th March 2024

Monzo has transformed my banking experience with its...

5
Monzo has transformed my banking experience with its intuitive app interface and robust features. The budgeting tools are a game-changer, helping me track expenses effortlessly. Transaction categorization is spot-on, providing a clear overview of my spending. The standout customer support and unique functionalities make Monzo a top choice for seamless financial management. Highly recommended! Reviewed on: 20th February 2024

I love Monzo

5
Rapid increase of interest rates when possible, brilliant budgeting facilities, easy to use app, super easy transfers. Reviewed on: 15th February 2024

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