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Monzo: Savings reviews

Name: Savings
Rating: 4.92 (120 reviews)

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4.92

Based on 120 reviews, last reviewed 7th Apr 2025

8400% 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

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 ... Read more Reviewed on: 7th 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 (120)

Review of the Monzo, Savings:

The Only Bank That Saves My Money and My Sense of Humor

I've been using Monzo for a year now, and honestly, I don’t know how I survived without it. From saving pots that make me feel like a financial genius (even if it’s just £5 for a Friday coffee) to transferring money abroad without feeling like I’ve been robbed, Monzo has been an all-rounder. But let’s not forget Monzo’s true masterpiece, your LinkedIn presence. In a world of corporate jargon and "thought leadership," they actually make banking funny. Rare. Unheard of, almost as rare as me remembering my card PIN after using Apple Pay for six months straight :p. All in all, Monzo has been a game changer, and unless you start charging me for breathing, I’m here for the long run. Reviewed on: 19th March 2025

Best Banking Experience in UK

One of the best banking apps in UK, Monzo has revolutionized banking globally. Reviewed on: 18th March 2025

Really good, i moved banks but came back to monzo

Really good, i moved banks but came back to monzo Reviewed on: 18th March 2025

I am pleasantly surprised by how good Monzo is!

I got Monzo in September and I have been pleasantly surprised by their offering for savings accounts. The layout on the app is very clear, you can move money as you need, and most importantly, Monzo are very good at explaining how their products work and what it means for your money. Reviewed on: 18th March 2025

Multiple savings pots with decent interest rates is...

Multiple savings pots with decent interest rates is a great way to break up savings for different live events- locking them even more of a bonus Reviewed on: 18th March 2025

Just super straightforward and easy!

Just super straightforward and easy! Reviewed on: 18th March 2025

4Y customer using Monzo for everything.

I have been a Monzo customer for 4 years and I use it for everything. I have been transferring all my savings to Monzo given their rates, their transparency, and their increasing security. Of course, there is still safety risk vs long standing banks but this feeling of security is growing and I’m willing to take the punt with Monzo. I also look forward to some geographic expansion so friends and family can benefit. Reviewed on: 18th March 2025

Monzo makes banking fun!

Monzo makes banking fun! The app is super simple to use, the branding is in a league of its own and the ethos grounds it in such a great way. I love saving with Monzo and find the processes super intuitive and straight-forward which is what banking should be like. Reviewed on: 18th March 2025

Great & Easy Saving Products

Great & Easy Saving Products. No hidden fees or charges. Easy to add and withdraw money. Reviewed on: 18th March 2025

10/10 - would recommend to everyone

I've had Monzo for years and have recommended this to all family and friends, the bonus is being able to use abroad and purchasing the different tiers to utilise the benefits have been excellent. I can't fault Monzo at all - I've never had any problems over the years and most recently I've started to make more use of the benefits of the savings which has been fantastic! I've also used the benefits of being able to utilise travel insurance package and car breakdowns which has been definitely useful. Reviewed on: 18th March 2025

Monzo are excellent - would recommend.

Monzo are excellent. Their app is well designed (it never crashes like other bank apps do) and their communication is clear. The rates/products they offer are also better than many other competitors. Ease of spending abroad is another big plus. Reviewed on: 18th March 2025

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