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Monzo: Savings reviews

4.76
Based on 33 reviews, last reviewed 5th Jun 2024
100% decrease in 5 star reviews
in the past 90 days
No new 1 star reviews
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88%
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9%
3 star
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2 star
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0%
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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.

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Monzo Savings reviews (33)

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

Great app, needs to make IRL better.

4
Great app but terrible in real life, the horror stories about being unable to get access to your account and money if you lose your phone and card are very scary. Reviewed on: 15th February 2024

It has been excellent, great management and they hav...

5
It has been excellent, great management and they have good customer service Reviewed on: 15th February 2024

Good interest rates

5
Experience has been good so far, hassle free banking. Good interest rates offered on savings account. Reviewed on: 15th February 2024

I have been a customer of Monzo for years now but ou...

1
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 with no reply they have blocked the app for me so. L live chat they have all my money I can't pay my bills ect but still no reply from anyone Reviewed on: 12th February 2024

Customer friendly bank.

5
Customer friendly bank. If I have any issue or doubt, they will fix it up within two working days time. I am very proud to have my account in this bank for this long. Reviewed on: 12th February 2024

Trusted and prudential bank

5
Monzo is as prudential as I have ever seen among other banks, reliable easy bank system and trusted Reviewed on: 6th February 2024

Best savings account

5
They offer so many ways to help you save, you can either access your savings or lock so you can’t unlock till certain day that you pick Reviewed on: 1st February 2024

Reliable bank

5
I have used Monzo since I came to UK 9months ago. It is very easy and accessible to use. And very reliable as well. Reviewed on: 18th January 2024

Monzo makes my life easier simpler and more convenie...

4
Monzo makes my life easier simpler and more convenient when am traveling and paying for stuff. It works and been accepted all the places I traveled to so far. And the exchange rates are unbelievable and incredible Reviewed on: 18th January 2024

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