How easy to set up Fixed Term Savings Pots?

Monzo Chat
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Hi,

We have been looking at the Fixed Term saving pots, as our understanding is that each saving chosen with one of the saving providers is backed by FCSC and each will be protected up to £85000.

Are the saving pots really a three step process to setup in the app? Does Monzo sort it all in the app or are you taken to a third party site to complete?

If anyone has experience trying to set one up, let us know!

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