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Monzo: Savings reviews

Name: Savings
Rating: 4.93 (155 reviews)

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4.94

Based on 155 reviews, last reviewed 23rd Jan 2026

300% 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 managing money feel genuinely easy and r... Monzo makes managing money feel genuinely easy and rewarding. The app is clean, intuitive, and packed with smart features like instant spending notifi... Read more Reviewed on: 23rd January 2026

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 (155)

Review of the Monzo, Savings:

Great customer service.

Great customer service. App is easy to use. Reviewed on: 2nd May 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

Savings account with actual interest

I started accruing interest as soon as I switched to a Monzo savings account, unlike my previous bank where you’d only receive payments annually. The ease with which I can transfer and withdraw my money, whilst being educated on how to make it go further for me is amazing. Can’t flaw Monzo at all and have recommended to my friends and family to also sign up and open savings accounts. Reviewed on: 18th March 2025

Savings Pot

I just love the savings pots, they make saving so easy (and a little fun!). Reviewed on: 18th March 2025

Monzo is the Best

Easy to use ,good products, Great service. Better than other traditional banks by far Reviewed on: 15th March 2025

Practical uses of my accounts.

I appreciate my interest on my savings account. It’s very helpful for me to know that I’ve got a buffer each month to help with bills and groceries if I need it. Transfers are easy to make and splitting bills has never been easier. I would absolutely recommend Monzo to family and friends. Reviewed on: 12th March 2025

Great for saving pots

Great for saving pots to split your money up for different type of holidays/future goals Reviewed on: 12th March 2025

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