Totally agree. My reasoning also.
I understand the interest will be lower than Nationwide, but they pay half of the monthly fee in interest. The 2.5% option on Monzo would only be a third of the fee anyway 
Would prefer not to have the faff of moving money into pots whenever it’s over £1K.
Also, the 1.5% interest rate is only if you lock the money away for a year - which I don’t want to do.
Did survey, got invite. 
I said the same thing too. Move half a chunk of salary to savings pot so will only have about £1k plus for daily spending for each month. Haha
It depends on the individual, but this situation is exactly what easy access savings accounts exist for. Monzo already has them (Shawbrook, albeit a much lower 1.14%) and Marcus meets the rate and beats the cap.
I would argue that likely a majority of users don’t normally keep a balance between 1k and 4k (and if you need more than 1k to pay monthly bills, sounds like budgeting is needed.) Why not reward a plurality of Plus users with a universal high rate 2.5% up to 1k and those with above can put the rest into a savings account, getting the best of both worlds?
Great policy if you live at home but doesn’t really suit single people who travel with family or friends.
Great start! But does your customer base need family cover? Axa have better policies where anyone under the age on 18 is covered on the trip. (I take my sisters away)
Also what’s the cover for technology loss or damage? (If any)
Replied to the savings survey and was invited to Monzo Plus a few hours later!
I didn’t select any of the features, but would be interested to see the airport lounge feature come to fruition.
I chose the Lagoon Blue card, does anyone know if I create a joint account with my partner will my joint account card be the same colour as my plus card or the original Hot Coral? I chose the Lagoon Blue in the hope that I can easily distinguish between plus and joint cards.
Joint cards only come in the Coral since Plus doesn’t cover them yet.
Great! Thanks
Are Monzo Plus Metal Investor cards in scope anytime soon?
I hope the interest will be added to in addition savings pot interest as well so there’s not confusion of the best place to move spare cash.
I feel like it’s a positive thing to encourage separating spare cash into savings and I’d really rather not do the maths!
It depends on the individual
Yep definitely haha. In my case my monthly expenses are greater than £1k (https://i.imgur.com/sTmIPPP.png). That said, I do see the appeal of the 2.5% for up to £1k.
If this calculation doesn’t include pots (not confirmed), which option do people think looks more promising once the committed spend pot feature launches (if it ever does)?
As this will effect how much you hold in your account for bills, if you use it of course.
Personally - still remains the 2.5% on £1,000 - anything over the £1,000 you could just put into the new ISA/ easy access pots and you’ll get somewhere near the same interest rate. If I had a pot that was over £500 (half of the option I’d like) I’d turn it into a savings pot.
It would be interesting to know averages and medians of how much is sat in just the account (not including pots) on a monthly basis over all 2 million customers.
Speaking of pots, it would be good to know if money held in pots will earn interest or not? I see pots as an essential part of the account balance. I also use them to ringfence my money, preventing any fraudster from emptying my account. Most they could spend is £20-£30 at once.
If the pots won’t be included it won’t be particularly useful for me…
I get the feeling (although this is just a guess) that they won’t be included as it technically isn’t in your “account”/“home” balance which I guess is what they’d be looking at.
I’d agree with this, it would be confusing to say “for interest you earn it’s included” but “interest you pay on your overdraft it’s excluded” (presuming they didn’t align the two).
It goes back to the debate people had on the forum a number of months ago.
Personally I feel the current position on how it works is the simplest and thus the better way. If you’ve got an investec pot someone could mistake it for being included in their monzo balance and thus be confused at the annoying of interest they are receiving.
I hope this doesn’t start the debate again 
It’s a shame Monzo can’t cover all case. I think it would be nice to have a tiered option. 2.5% on the first 1000, 1.5% on 1001-4000 and 1% anything over 4000.
It just feels like to me it should be:
If the answer to that is “yes” - you’ll get interest on it.
If the answer is “I’d have to move it from my pot” - then you won’t.
If you can ringfence it from being spent, you’re ringfencing it from earning interest (IMHO).
This is especially true now that there is a range of savings pot options.
I see your point but to me it just seems odd to disincentivise the use of pots and savings pots when to many they’re an important feature.
