It means paying a portion of your salary into savings, before you spend money on anything else.
You can now open an Easy Access Savings Pot with a £10 minimum deposit and start earning up to 1.15% interest (AER, variable).
We’re now offering up to 1.81%* (AER/Gross) on Fixed Savings Pots and 1.15%* (AER/Gross variable) on Easy Access Savings Pots – the highest rates for Monzo Savings Pots so far!
We’ve just launched a 3 month Fixed Savings Pot, with a market-leading interest rate of 1.35% (AER, variable).