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
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How many people left in the challenge?
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Me. I’m holding out for the £10K
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I’m basically counting on those 10k at this point
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My wife and I are still both in. We haven’t really thought about it since the start, which is kind of the point for us. Extra £1,300 towards a trip to Greece next year!
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I’m still in. But I’ve been in an annual 1p Challenge every year since the IFTTT applet launched.
Doing it the Monzo way this year means the massive kerching-smile day moves from the end of December to early January.
Still in. The more of you that drop out the more chances I have of winning something 
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I snoozed the notifications, they were annoying
I’m in, but I did turn off rounding as I was finding my current account getting a bit low with both.
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I have worked out that doing the 1p challenge for the whole year costs about £9.20 (in lost interest assuming a rate of 4.1%)
For the expected value of taking the challenge to be higher than its cost, there need to be less than 1,081 people left by the end…
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