Hi @andys four months since you said you were looking into it, and two months since you were actively looking into it, do you have anything to share please?
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It seems Trading 212 now offers 5% interest, paid daily and fully flexible from what I can see
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Worth mentioning the Notifications > Earned Interest to avoid getting a you earned x each day.
Anyone need a T212 promo code I have unlimited being vip, won’t post it here but PM
When you login you’ll need to Enable the higher rate btw if anyone already has an account.
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It’s worth mentioning the higher interest on trading 212 is using money markets. It’s not the same as a conventional savings account.
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As the title suggests, no longer getting interest on Monzo pots is frustrating. I’m being forced into using ‘Easy-Access’ accounts from third party providers within the Monzo app for my savings to earn interest.
This means I can’t use virtual cards on these savings pots - where before I was using virtual cards on pots assigned to Gifts, Fuel and Car Costs etc.
Are we getting interest on pots back?
Why was it removed?
Almost certainly no
Because they didn’t want to pay for it, probably.
There’s talk about maybe allowing two interest bearing instant access saving pots but nothing confirmed
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Interest on pots hasn’t gone anywhere. You mean interest on the full balance. Which isn’t coming back.
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It has, hasn’t it? In that if I have a normal pot, not an emergency fund or an IASP I won’t get interest on it anymore. Which I think is what that poster was asking about.
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Yes, I agree.
Interest on the current account balance and pots has gone away, and has been discussed at length in the thread referenced.
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