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

Too bad @gt94sss2, it would have been great to be in the draw too.

It is because if you look the challenge up online it has variations where you put a monthly amount away or reverse it. There’s more than 1 way to skin a cat as they say and making saving accessible will encourage more people to do it.

You’re always welcome to save in whatever manner you prefer.

Yes and I am making suggestions to Monzo on how I think it could be improved. It’s up to THEM if they take it on board. Not sure what you’ve got to do with it.

This is a public forum… Anyone can chip in…Monzo doesn’t need to do anything. You’re welcome to save monthly or weekly or however much you like.

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Tbf the in-app challenge is their campaign to encourage people to sign up for their packaged accounts rather than a public service for anyone’s Saving Challenge Wishlist. People who can think ahead and set aside money are not the targeted audience. That’s why they set up the 1p challenge how it originally is so you can only earn the lowest possible interest from the pot.

From a business point of view I don’t think they’d make any “improvements” to us users, apart from maybe letting us do the challenge in reverse next time due to popular demands.

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Wouldn’t be surprised if they had the challenge pulled from them for misuse if they repeatedly did it.

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Is the monthly prize draw going to be announced at midnight?

I believe the first one is at the end of February

Edit: My mistake, please ignore

No the first one is today actually. It says so if you tap on the £100 monthly prize square thingy in the challenge screen.

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Hopefully someone on here wins £100 :pray:

Gl.

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Just checked it hext draw is 3rd February for the £100 monthly draw.

image

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Looks like they have drawn it. When I click on the prize draw box it tells me I “didn’t win this time”.

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I’m not a winner this month either :joy:

I do wonder if you win a monthly £100 prize, do they take you out of the running for future prizes? (Imagine if the same person won two months in a row…) If so do you think anyone would take their names out of the running for the monthly prizes, in hopes to win the £10k at the end? (This would be silly as none of us here are likely to win anything, so reduce your already near-zero chances even further!)

I didn’t win either. Dammit :smile:

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Damn it :sob::money_with_wings:

I also withdrew the duplicated 15p in case their system somehow thinks I’m not up to date with my challenge. :joy:

Not a winner here

I didn’t win either :disappointed_relieved:

This is an absolute travesty! I’ll be writing to my MP and appearing in my local paper complete with a compo-face picture.

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Just start another facebook group along the lines of “MONZO ROBBED ME OF £100 - HOW CAN I AFFORD SHOES FOR MY CHILDREN?”

Or you could join mine. I didn’t win either :disappointed:

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