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Monzo: Savings reviews

Name: Savings
Rating: 4.8 (35 reviews)

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4.76

Based on 35 reviews, last reviewed 24th Jan 2025

200% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

88%

3 star

2 star

Latest highest rating:

5

A wonderful bank to save with! A wonderful bank to save with. Their specific savings pots make it easy to divide up money and they offer competitive interest rates. The mobile app i... Read more Reviewed on: 24th January 2025

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

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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.

Monzo Savings reviews (35)

Review of the Monzo, Savings:

A wonderful bank to save with!

A wonderful bank to save with. Their specific savings pots make it easy to divide up money and they offer competitive interest rates. The mobile app is highly customisable: you are able to name pots, add saving goals and even lock pots to protect the money within! Reviewed on: 24th January 2025

monzo is fast and reliable.

monzo is fast and reliable. When paying for direct debit monzo makes it to possible retry a missed a payment. Reviewed on: 12th April 2024

Great to be able to organise my savings easily with...

Great to be able to organise my savings easily with Monzo. Reviewed on: 12th April 2024

My experience was very good and switch response

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

Fantastic rates, products, tools

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

Innovative

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

Extremely user friendly

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

Incredible interest rate with no penalties for withd...

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

Great current & savings accounts

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.

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

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

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