Just opened one. I hope that they will add an ISA page that shows the total amount of allowance left across all ISAs (currently you can only see this for the Stocks and Shares ISA). If they add a LISA as well then that could be included too.
Just opened one too. Pretty straight forward process.
I only have the Cash ISA, but on my āSavings and Investmentsā it shows my Cash ISA allowance.
So this is basically another savings pot at 4.6%?
Essentially although you donāt need to pay tax on an ISA so thatās more attractive depending on your situation.
And you also canāt use it if you have a cash ISA elsewhere already that youāve contributed to this year.
Thatās standard ISA rules though.
Gotta wait until the 6th April for the new tax year
Iām not seeing this? Am I just thick? Iām neither seeing it under the investments or savings tab?
Edited with a further screenshot, just takes me through the flow to name the pot, etc
Thatās odd, maybe see if thereās an update? Could just be rolling out slowly who knows!
Latest app version? Do you have a joint account? It doesnāt show up as an option if you select that.
Probably an A/B test, Iām on the latest TestFlight version
I have the free account if that makes a difference
Ah. It does say itās an āExclusive Monzo Plus rateā for me.
No joint account, no
Doubt they would just do it for Premium people. Maybe early access to premium. Or they didnāt mean to realise it yet lol
I have a joint and when making a savings pot it said personal or joint
Either is possible!
Given that cheques has only just rolled out fully and been announced as such, itās probably a slow rollout. It appeared yesterday for me
Question is: Is this the new thing that @davidwalton was hiding from us in the teardown