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Monzo: Savings reviews

Name: Savings
Rating: 4.93 (151 reviews)

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4.94

Based on 151 reviews, last reviewed 5th Sep 2025

100% decrease 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

Switched to Monzo this year and have no complaints. Switched to Monzo this year and have no complaints. Easy app to use, simple and clear information. Reviewed on: 5th September 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 (151)

Review of the Monzo, Savings:

Great app, needs to make IRL better.

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

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

Monzo Makes Banking So Easy!

I’ve been using Monzo for a while now, and it’s honestly one of the best banking experiences I’ve had! The app is super user-friendly, making it easy to track spending, set budgets, and manage savings. I love the instant notifications for transactions and the ability to sort my pay. If you’re looking for a modern, hassle-free bank, I highly recommend Monzo! Reviewed on: 7th April 2025

Their savings account is great.

Their savings account is great. Your interest rate is competitive and it's added to your account every month. That means every month your money gets a little boost. But It gets better that means your account has more in it to add to the interest for next month. Great product great bank. I only use Monzo as my bank and everything they do is great Reviewed on: 2nd April 2025

Really easy to set up accounts and savings pots and...

Really easy to set up accounts and savings pots and good interest rates Reviewed on: 2nd April 2025

Great use with Monzo.

Great use with Monzo. Always innovative. Never had any troubles. Reviewed on: 2nd April 2025

Monzo make banking and saving easy

Monzo make banking and saving easy to navigate! And for that I am extremely grateful. It’s easy to understand all of the products available and how to use them from the palm of your hand! Reviewed on: 2nd April 2025

Amazing, supportive and easy access customer service!

Amazing, supportive and easy access customer service! I am so obsessed with their new savings challenge, automatically moving 1p more per day over the year amounting to £600+ takes the executive function out of saving! Love it! Reviewed on: 2nd April 2025

Ever since I've banked with them they've been brilli...

Ever since I've banked with them they've been brilliant. When I've changed address etc. So helpful Reviewed on: 2nd April 2025

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

For Greg

I've been using Monzo for 3 years now, I initially used it so I could spend money abroad but now I use it for my savings and I love it Reviewed on: 1st April 2025

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