Sorry to say, but you are dreaming if you think Monzo have the capability to offer those rates right now.
1.5% is still one of the leading rates for instant access savings.
Anything more than that and you are into fixed term products.
Have a look at Dozens and their 5% trust bonds.
They’re working on it:
5% interest and no risk? I’ve had a look but I’m no expert. Am I missing something?
No.
Think of it as a marketing ploy.
More info here.
https://forums.moneysavingexpert.com/showthread.php?t=5953486
If i ever need cheering up, I always read a MSE forum thread
‘We didn’t find it therefore its crap’ way of thinking.
That thread really tickled me 
literally their way of thinking = WE DONT UNDERSTAND AND HAVENT TRIED TO - RAISE THE PITCHFORKS!!
I never said they had to be Instant Access. My point is that I’m fed up of having to look all over the shop to find the best deal. I want Monzo to be my everything, so would be good for Monzo to be able to offer a wide range from instant access to fixed variable terms etc…
I just keep hearing that Monzo are doing loads of cool stuff, but I’m not seeing it yet.
I think whilst Monzo are yet to turn a profit and are in their infancy compared with most other banks, you’ll not be seeing anything “market leading” from them, if you value things like “best rates” etc.
Don’t get me wrong, I’d love them to offer the best interest rates and a whole host of options so I could literally only use Monzo for stuff.
But we are a long long way from that happening by the looks of it.
For now, Monzo is my current account, which effectively pays my monthly DD’s.
American Express is my spending account, and my savings are spread across a few different places (most recently, Dozens).
Again, same here. I’ve lined up all the money I know I won’t have to spend for a while and put it in my Dozens account for tomorrow’s bond bidding. Amex is still my most used card with like 99% of my spending on it. I’m even putting my EE bills on it instead of direct debit (text notifications to make sure I don’t miss a payment)
Is there any update at all as to when we might see savings pots again? (Not the cash ISAs)
Interesting isn’t it as that’s a different approach from Atom who are also in their infancy, not turning a profit but offering leading rates - though clearly eating into investors funds
Yeah but they also offer mortgages which fund these savings rates.
Hi @Sheri - Do we have any update on when Savings Pots will be available again?
I’m wanting to move all of my savings over to Monzo, but I am hesitant to do so without interest benefits.
Thanks a lot,
Tom
I’m in the exact same position as @tompatio.
Would love an answer! 
Same here- i’m going to have to move a chunk of cash elsewhere if there isn’t anything soon.
Same.
Although I’m hoping Cash ISAs will smooth over the wait. I hate having money in a million different places.
I’m the same. I know it makes sense to shop around for the best rates and deals, however if Monzo launch a good option I’d much rather have it all visible in-app.