Currently I have a Monzo Safety Net as an instant access savings account, and also a separate instant access ISA with Monzo. Due to the extra friction of withdrawing from the safety net it would be a better place to save for an emergency fund IMO.
But is there a way to make the Monzo Safety Net an ISA? So that all savings are tax free. (I do note that basic rate taxpayers ending over £17,570 get £1000 of interest they can earn per year tax free and higher rate tax payers get only £500)
The ‘safety net’ button just sets up a pot I think. But you can set up an ISA in the app, call it ‘safety net’ and set the same amount as a goal, which isn’t too different
Thanks for your reply. I guess my particular question is, if I archive both my ISA and Instant Access ‘Safety Net’ saving account. Will I be able to set up a new ‘Safety Net’ as an ISA.
According to ChatGPT the answer is no 
I think Monzo only supports a single pot within an ISA. I use Zopa for my cash ISA partly because I can have multiple pots. Its something Monzo should address.
No, the in built “Safety Net” pot cannot be set up as an ISA. It’s an Instant Access Savings Pot only.
Sad news, but thanks for confirming 
Hmm, I missed the safety net feature, I’ve just been using the Cash ISA (I never intended to put too much into it, e.g. 3 months outgoings) and then use the investment ISA as a longer term growth account.
But now I am intrigued to use the safety net, is it just another savings account or does it have features etc?
Maybe I should read up myself 
It’s just an instant access savings account, the feature is that it takes a guess at how much you need as a safety net, lets you customise it and sets that as a goal. I think it aims to help you save one month’s outgoings as a safety net.
It’s a good feature, but if you already have a savings account that acts as a safety net it’s not a feature you likely need.
Yea, I like how it adds an additional bit of friction when making a withdrawal though.
Also investing the interest automatically into the Monzo Fund from the Monzo Instant Access Saving accounts is also nice