Come out of Monzo app and go back in - create a savings pot and it will work.
Thanks - I stole it from someone on Reddit - The animation when coming out of apps, back to the home screen on the iPhone X is great (it kinda fades in the border - Which is an iOS thing more than anything, but it’s really effective with this background).
Try restarting your app?
Unfortunately I would have loved to have used this feature, but the 1% interest is not a draw for me. Plus £1k min to open.
Got my money elsewhere earning more.
I reinstalled and it worked
iOS latest stable release
Moved money from pot into current account, clicked create new pot; when I got to adding £ it showed my current accounts old balance.
I had to go back out of pots to my summary then back to create and it worked.
It would be great to setup a savings pot from another pot reducing the extra step. Realise this may be in place as pot to pot isn’t tracked.
Didn’t work, had to uninstall and reinstall app. Annoying that this bug has affected a lot of people
I’ve flagged to the COps that it’s a little confusing that withdrawals show a transaction time of 15:00. As happened with me today, this wasn’t available until after this time, so it just generates confusion and unnecessary worry. Fine if it shows a transaction time, but it should be later if it can take longer to withdraw
I think you may have misunderstood me. I raised with the COps because I needed the money and thought something had gone wrong. I provided the feedback off the back of that
Pretty useful for me, as I always aim to keep a couple of months’ worth of expenses in my current account as an emergency fund. One day delay is not a big deal, because tapping into the fund shouldn’t be a moment’s notice thing anyways. And given that it was just laying there in a pot up to this point, 1% is pretty cool - this isn’t my investment money, so maximising return isn’t as important as accessibility and stability.
Can someone answer a question for me before I decide to open a savings account with the 1% interest.
If I had £1000 in there but then needed to withdraw £400 for example, thus taking below the £1000 miniumn, would the account automatically close and if so, can I open another one at a later date?
Yes and yes
Got the invite to open a Savings Pot in my feed today, however, it is now safely stored elsewhere at a greater rate and no ‘spare’ £1,000 to test one with.
Not a worry yet though. Will wait and see if future offerings are more attractive.
I’d like the ability to add custom images for my savings pot. Right now they’re just abstract images or blocks of colours.
Can I point you to this thread where your plea is echoed and discussed. Pot Images
If you want to withdraw moey that will take you below £1000, you’ll need to close the pot and withdraw everything.
You can create another Savings Pot at a later date. Hope this helps!
Yesterday we enabled Savings Pots for all remaining accounts
If you still see the ‘coming soon’ screen, no need to uninstall and re-install the app, just navigate to your feed and back to
the create Pot flow and the option should be visible.
I was under the impression that when the Savings Pot went below £1000, it automatically reverted to a standard, non-interest, pot? Do you have to now fully withdraw everything?
(I don’t use the savings pot, just curious )
You have to close the pot. This is always how they worked, from what I can remember!
Correct It won’t allow you to withdraw an amount that will take you below the £1,000 minimum so you have to delete the pot.