Our NEW 1p Saving Challenge - It's here - Join by 31 January 2025 🪙 🪙 🪙

Ooof - a kick to the left one:

Double-Ooof - now the right:

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Double ooof indeed

I agree with this

Paying from a pot would be ideal

From what I understand, as long as you start the challenge, you can complete it.
If you downgrade to a free account, the challenge will continue but you won’t earn interest anymore.

I believe the challenge will be part of the paid plans only from next year. I cant remember where I saw this, so hopefully someone else can

I also vaguely remember this, so had a (lengthy) search. Found it in the Monzo eligibility section of the 1p challenge terms:

“From 1 February 2025 onwards, you can only open a Challenge Pot if you’re aged 18 or over and have a Subs plan (excluding any free trials).”

Source: Monzo 1p Saving Challenge Pot Terms & Conditions

If I take this at face value, once the current 1p challenge hits day 365, a new 1p challenge would only be available with a paid plan. Unless Monzo choose to ‘free-trial’ it like the current one was last January.

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We are about half way through.

How many people left in the challenge? @Monzo

I’m still in. I’m always hoping for a prize win, but it’s also my Christmas gift sink pot, so it’s actually useful!

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I echo what you said.

Please please can you allow 1p challenge deductions to come out of my budget/tag to a spend catergory? I am forever adjusting my monthly budget. Also agree with allowing to come from a pot would help solve this.

Yeah this is the no 1 reason that I’ll end up turning it off, don’t like how it doesn’t align with Target