Trying to use Monzo for all my savings if possible. On Zopa I have a few things I would like to keep separated named, eg ‘holiday’ ‘house deposit’ etc. Does Monzo now only allow one savings pot? It’s large sums of money so don’t plan using a regular pot with zero interest.
I just tried to open one with another provider Paragon web through it all then at the end it said ‘failed’.
Is the 20 limit of Monzo spots spread across the regular and savings pots and regardless of whether it’s Monzo or Paragon etc providing them? If so it would be cool to notify it would fail to open a new pot at the start of the process not the end. If that is the reason for it failing?