How to use Monzo savings pots to save money faster in the UK. Automate your savings, earn interest, and reach your goals quicker. Free to set up.
Saving money is hard when it’s all sitting in the same account as your spending money. Monzo‘s savings pots solve this.
Pots are separate savings buckets within your Monzo account. Create one for anything — emergency fund, holiday, car — and move money in with one tap. Out of sight, out of mind, but instantly accessible.
Set up automatic deposits. Schedule a fixed amount to move into each pot the day your salary arrives. Set it once, runs forever.
Yes — Monzo’s Easy Access pots earn a competitive interest rate. Your savings grow automatically while staying instantly accessible.
Turn on round-ups and every purchase gets rounded to the nearest pound, with the difference saved automatically. Spend £3.40 on a coffee, 60p goes into savings. Surprisingly effective over a month.
Free account, savings pots with interest, automatic deposits on payday.
Open Monzo Free →Monzo Bank Limited is authorised by the PRA and regulated by the FCA and PRA.