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You have very strict standards, hopefully you donāt run out of banks!
Iād just move my savings to one of the places others have mentioned if I really wanted to maximise my returns instead of moving absolutely everything but each to their own. If thatās what youāve decided is best then nobody is going to plead with you to stay.
Good luck with whoever you choose next. Unfortunately I donāt know of any other banks that are transparent in showing you how much they make on your savings otherwise Iād recommend one.
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Why would you need to switch banks?
Just open a savings account that offers the rate you want. Monzo wonāt do diddly squat even if the head honcho replied on your chat. Itās a take it or leave it.
Monzo savings pots are just there for those that want it under one roof or too lazy to bother opening one elsewhere, or their savings are not enough for it to make a significant difference.
The difference of 0.35 AER is Ā£3.50 for every Ā£1000 you have in savings over the entire year.
So whilst you might be missing out on say Ā£35 quid over a year if you have Ā£10k in savings floating about, I would suspect most Monzo people donāt, or its kept elsewhere.
Yes, I do.
I donāt remember saying I was switching banks.
So youāve bitched and moaned about how terrible Monzo are. Theyāre taking more interest than you get, support is terrible, they made big losses and you think theyāll go bustā¦ But youāre keeping your account?
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It still has itās uses. But yes, support is terrible & the pots are pointless.
Anyway, Iāll leave all you angry/aggressive monzo defender accounts to continue flagging posts from customers you donāt agree with. Have fun.
Itās not about defending monzo, itās about being rational.
We have pointed out this is a customer forum that rarely staff appears in to comment.
The fact that because you think Monzo should take less profit doesnāt mean anything. But if you feel strongly about it then itās worth contacting them via chat to leave your feedback in why you wonāt be choosing them.
Iāve also pointed out that the 0.35 difference is Ā£3.50 over the year for every grand you have saved. For a lot of people thatās not a deal breaker.
I think if you take a step back and come back later you may see that its you who has been angry and aggressive in your posts. Maybe not.
Iām always here 
However I have no idea about the commercial terms of our agreements.
The only posts that are angry/aggressive are your own 
That being said Iām not sure why your post was flagged - it should give you a reason but Iād imagine a mod will override it soon.
Also FYIā¦ I think youāll find that nobody on here cares whether you stay with Monzo or not. So Iām not sure why youāre saying this either.
Out of curiosity, where are you moving your funds to? Iād just like to know to keep my options open in the future, and who wouldnāt say yes to more interest?
I personally only have high interest rates as I signed my contracts for my savings products before COVID19 and the various providers have to honour them(Contract wise). I keep my rent in a pot as I pay it quarterly and it helps me forget that money is there. I would say have one bank account and many savings products is the way to goā¦ as you can then tailor the savings products to your level of risk etc.
My N26 senses are tingling! Did someone bad mouth them!? Where are they!? 
/s
Joking aside, interest is pants right now no matter how you cut it. If youāre determined to keep your cash in easy access savings with minimal friction, Iād still suggest Atom Bank right now. Youāll likely find them better in the customer service department too. They did however recently lower their rate for new customers to 0.5%, so no longer a clear market leading rate.
Someone suggested investing, which is probably the best thing right now if you know what youāre doing and a re comfortable with that. Start small and stick to ETFs if youāre a beginner. Stick a tenner in Freetrade or T212 and see how you find it.
This made me LOL. Could you imagine if @Revels actually was repping Monzo? Theyād have no customers left!! Okay now Iām done joking before I get into trouble. 
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Theyād have no stupid customers left! Perfect.
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It doesnāt necessarily mean that
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Well that was entertainingā¦grumpy man accuses fellow customers of being aggressive. Iām guessing Ann in disguise?
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Cheerioā:wave:t2:
You donāt actually have to wait in chat you can come out and it will still update you,
Response times during COVID-19 is obviously allot longer and they much more important queries to deal with.
Good luck with the other bank though 
it certainly is.
I would say more like 50/50 customers/fake accountsā¦lol
What you have to remember is when Monzo first arrange the fee they would take the interest rates were considerably higher. This means their cut was smaller in relation to what us Monzo customers used to earn.
Now interest rates are low and their fee is probably still the same.
As had been pointed out unless you have pots of dosh the actual amount less you are going to get can be considered a small payment for the convenience of having everything under one roof. You āAināt gonna get ought for naught.ā
My address wrong I have change my new address
Contact Monzo and let them know.