I created an Instant access savings pot last month but I have not received any interest rate on it.
Can someone help me with it?
Did you have enough in there for long enough to earn any interest? If you scroll in the pot details it will show how much you have earned.
Otherwise go to help, type contact and then press “Contact Us” and speak to Monzo.
Correct me if I am wrong, but isn’t interest generated annually at 4%?
It’s paid on 1st of the month.
But if you put in £5 on 31st Aug, you wouldn’t have earned enough to reach 1p.
It’s calculated daily, paid monthly, advertised annually.