Interesting paying account

(Savinder Chauhan) #1

I’d like to leave more money in my Monzo account but without any interest it’s not worth it. Any plans to add interest paying accounts - not necessarily a current account but savings one would do the job?

(Marcus Nailor, Hot Coral Detective) #2

With things like the Monzo Marketplace, Monzo plan to do this :slight_smile:

Check out a blog post here :smiley:

While Monzo might not offer interest directly, there could be avenues where in Monzo act as the ‘middleman’ for a separate savings account to be managed via the Monzo app, for example :slight_smile:

(Jack) #3

Hi, I think this has been brought up on the forum before…

Just had a little look and here are some comments from Monzo regarding this:

I think they are also looking into cash back type offers with merchants as another way to get a bonus for the consumer.