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Monzo: Savings reviews

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
See only 5 star reviews
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

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
Tom's avatar
Tom

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 (35)

Review of the Monzo, Savings:

A wonderful bank to save with!

5
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 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

I came to the UK in 2022

5
I came to the UK in 2022 and it was so easy getting a card with Monzo. Unlike other banks where you have to fill umpteen forms,their process is seamless Reviewed on: 18th January 2024

Savings made like a dream!

5
I have used Monzo for the past 4-5 years and never had an issue. I think paying £5 a month for the Monzo Plus is 100% worth it. The best part for me is the easy access savings account that makes transfers from a current to savings account a dream. Also, you can personalise your savings account with pictures to motivate you to save for something you need/want. Reviewed on: 10th January 2024

The savings account offered by Monzo is excellent!

5
The savings account offered by Monzo is excellent! It's very easy to withdraw and deposit money, giving instant money transfers between accounts. The best feature is that you can personalise the image display for your savings. In my case, this was a picture of Jamaica and seeing this gives you a little push to keep on saving. Reviewed on: 4th January 2024

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