Searched but cannot find a direct answer. I have a couple of queries with how savings pots work with the banks Monzo are partnered with.
When opening a savings pot, who am I protected under FSCS through? Monzo or the partner bank (e.g. Shawbrook).
If I have an issue with my savings pot who do I contact? Monzo or the partner bank?
gmclean
(...)
2
Monzo, they are the main provider. The other partner is just that, a partner (that is also FSCS protected which is why Monzo are using them).
1 Like
Rika
(Scarlet)
4
It’s per provider. You’ll find this in the pot opening flow.
It makes Monzo particularly attractive to those trying to spread their money for FSCS reasons. 
4 Likes
system
(system)
Closed
5
This topic was automatically closed 180 days after the last reply. New replies are no longer allowed.