The Monzo pots are never going to be market leading, but as he been said many times, it’s about more than that.
There’s talk of savings providers starting to put a halt on higher interest rates and that they’ll start to drop in the near future. We’ll have to see how far the Monzo providers start to drop by, once the big players start that process.
I almost wish there were just weekly or monthly updates at this rate ![]()
Anyone with an OakNorth account who can check this tomorrow ![]()
I would have done, but already manually closed my account down to get the new interest rate, before I spotted what the T&C’s state.
2.45 % is higher then you can get for an next day access account direct from OakNorth, which is good if I’ve read it right.
There is, when @monzo2018 posts it ![]()
Urgh, this is still such a pain point for me.
Archive the old pot, open a new pot with £10, add the details / pot image / target, wait for money to arrive back, re-deposit it, update standing orders, remember to amend Salary Sorter next month….
All the friction ![]()
Are you able to still view the T&C’s for when you opened the account, if it states Monzo will raise the APR on the 1st of the next calendar month. I’d be raising a complaint tomorrow if it’s not changed to say why aren’t you guys following procedure.
Just checked my Interest bearing Pot in the app and see that it is only getting 1.81% with Shawbrook ![]()
That said, I bung £15pm in it for the home insurance, so never has more than £180 in, so not worth the faff for pence.
January’s interest was a princely 20p ![]()
I’ve had an email about mine today

But the app shows the best as 2.45% if I want a new one. The 2.58% was the one that I think was a mistake that I quickly got before it was removed, and expected them to downgrade me tbh.
That’s not bad tbf.
More than my Chase (2.7%) or Santander (2.75%) accounts, and nearly on a par with my Zopa (2.86%), all of whom are direct
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That oaknorth or Shawbrook?
My Charter pot has just gone up to 2.9%
Charter for that one
Slightly off topic, aren’t we supposed to get notifications when money from a savings account lands into Monzo ![]()
My money hit at 1036 & 1040 this morning, I’ve had no notification about it at all. The only thing that’s come through today is, a notification about savings goals and roundups.
Could you look up the savings agreement for that pot to find out the version/month year it was opened?





