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Monzo: Savings reviews

Name: Savings
Rating: 4.92 (121 reviews)

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4.92

Based on 121 reviews, last reviewed 8th Apr 2025

8500% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

94%

3 star

2 star

Latest highest rating:

5

I just love the UX and how easy it is to save money... I just love the UX and how easy it is to save money using it. Reviewed on: 8th April 2025

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

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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 (121)

Review of the Monzo, Savings:

Easy, automated savings!

Very easy to use, automation means I barely have to think about it. I top up the account on payday, and then use it for my day-to-day spending. The app rounds up my spends to the next pound and saves that change. I've saved £250 in less than three months! Reviewed on: 2nd April 2025

Amazing customer service

Monzo customer service is so seamless and quick. And the app is very user friendly. Reviewed on: 18th March 2025

Cash ISA with Monzo

Have a Cash ISA with Monzo. Fairly good AER and great mobile app. Reviewed on: 18th March 2025

Monzo has provided me an excellent savings service

Monzo has provided me a savings service that allows me to easily track my money across a range of different savings pots. This has helped me create individual savings goals that I can customise for a variety of different personal needs. Reviewed on: 18th March 2025

Been having the best experience for saving money wit...

Been having the best experience for saving money with Monzo. Especially loving their initiative on 1p challenge, I wouldn’t have realised I could have a £600ish saving next year just by allocating a tiny fraction of money every day! They also have competitive interest rate in general, nice UI design that is easy to read for all my pots and savings, including ISA allowance! Reviewed on: 18th March 2025

Steps ahead of any other bank account

Anytime I've needed to contact Monzo they have been very helpful and their mobile banking app is steps ahead of any other bank account I've had. Not to mention they are hilarious on Linkedin. Reviewed on: 18th March 2025

Great all round

Great service. Great interest rates. Great sense of humour. Reviewed on: 18th March 2025

Feels like they're on my side.

The app is great, the service offerings are great and the bank just feels like they're on your side. Reviewed on: 18th March 2025

Great app, great company

Easy to use and navigate, works well, and the perks are a bonus! I’ve really enjoyed having an account (both current and savings) and feeling like I have a really clear picture of my money and am able to have clear oversight of what goes in and out. Reviewed on: 18th March 2025

Great for your finance all in one place

I love their accounts specifically the savings section as I get interest every month rather than waiting a year. I have recently started a stocks and shares ISA which is performing well and have looked at their upcoming pensions section coming soon which I cannot wait to utilise. Even better their new account for under 16's which I will use when my son requires his own autonomy. Reviewed on: 18th March 2025

Best Savings Around

I switched savings account from my standard bank to Monzo and I don’t think I could ever go back! The interest rate is one of the best among its competitors, as well as the saving challenges motivate me to do better with my money! I also appreciate the pots in which I can set different challenges- I have one to save £1 everytime I finish a book! Reviewed on: 18th March 2025

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