any reason why the interest rates aren’t competitive using the 3rd party providers through Monzo?
Checking out the moneysavingexpert.com page has some options on best rates for easy access and fixed products - https://www.moneysavingexpert.com/savings/best-cash-isa/
In note in particular that the best 12 month fixed rate of 1.41% is with OakNorth - The equivalent (with OakNorth! (same company!)) available within Monzo is 1.16%…
Or am i being naive and simplistic and the difference in rates is simply where Monzo’s commission is made?
A more competitive rate would surely bring more savers using the feature and more people seeing the benefits of the Monzo approach and climbing aboard.