Great thing here though is 
are testing this out, and will determine if us as customers to use it in its current proposed incarnation.
I’m sure through their openness we will get some information on how used/successful it it in 6 months plus. If the trial is a failure we will Poket see something sooner which may be a different solution
I was one of the random selection of people to trial the Savings feature, and initially I thought it was great and moved £1000 in there right away (very easily, I must say). However, personally, the “not-actually-instant-access” has made me change my mind, and I’ve set up a Marcus account for those savings instead. Granted, me choosing to test it over the weekend may have played a part, since I was told I would not be able to access my money until 3pm on Monday.
Basically I like the idea of having my savings visible within my Monzo account, but to be honest I think that’s because I like the idea of seeing all of the money I have access to in one place. If I don’t technically have immediate access to the money in the savings account then I don’t see the attraction of having it visible within Monzo at all (which is why I then moved it out into a higher interest, instant access, account).
If, in the future, a savings account with Monzo would let me deposit and withdraw money as easily as I can with a Pot then I’d likely move my savings back, since I can overlook the lower interest rate.
I think this would be an exact echo of how i feel about it. Havent been asked to trial it but wouldnt utilise it even if i was for the exact reasons youve stated
Since this is their first integration into savings, I’m hoping once the marketplace kicks off there will be multiple providers to choose from ranging from instant access to fixed year accounts all with varying ranges of interest.
I agree that as a first iteration this should have been an instant access account, it may have gotten a better reception as the 24 hrs is the biggest sticking issue.
Apologies if stated above, but what is the interest rate?
1% 
Here are the details:
Some of us are banned from signing up for Marcus in their T&C’s so other options are great!
Banned how?
Edit. I could look but easier to ask as I may miss it 
Dual citizenship with the US.
I believe that there is another bank now that has taken the crown from Marcus and are offering 1.55% - can’t remember the name but I’m sure you’ll find it with a quick bit of Googling 
I think you are talking about the Nottingham co.
Interest is paid annually rather than monthly though.
Nottingham Building Society. I’m tempted but they’re rebranding soon and I wonder if the rate will survive the rebrand…
It doesn’t take the crown because it also has £1000 minimum deposit, which means it can’t be directly compared with Marcus’ which is truly easy access.
£1000 minimum deposit doesn’t seem like much for savings? I mean if it’s less than that is there any point at today’s interest rates?
For a lot of people, having £1000 to put into savings is a large amount of money. Given that Monzo is all about trying to help people get on top of their finances, then having such a high barrier to entry seems strange.
EDIT: realised that you might be talking about The Nottingham account, rather than Monzo’s one.
Edit aside, that’s already been explained (further up the thread?). At the moment, Monzo don’t want to run the risk of losing all of their capital to their linked savings accounts since that would make their overdraft lending…difficult.
Quick update…
Today we’re adding another 20k people to the test! 
That’s a good point, must have missed that discussion 
If I get in then I’m totally buying a lottery ticket this week!