Last updated: 9 September 2026. I re-checked every Monzo savings pots rate against Monzo's own pages on 9 September 2026.

By Stiv · Design, technology and personal finance

Monzo savings pots are one of the most useful things in UK banking. Yet plenty of people with a Monzo account still leave spare cash in the main balance, earning nothing. A pot takes about thirty seconds to set up. Better still, it starts earning the same day. No paperwork, no second app, no waiting.

I keep six or seven pots running at any one time. Bills, holiday, an emergency fund, two savings pots earning interest. Plus one labelled "don't touch" that I absolutely do touch. Below is what each type pays, what the higher rates cost, and where the money actually sits.

This article is for general information only and does not constitute financial advice. Savings rates are variable and change often. Always check the current rate in the Monzo app or at monzo.com first. CoolCuration is not authorised by the Financial Conduct Authority. This article contains affiliate or referral links. If you click through and sign up I may earn a commission or referral bonus at no extra cost to you. It does not affect my editorial view.

Not on Monzo yet?

Sign up through my referral link. A random reward from £5, up to £50 (sometimes up to £100), arrives once you make your first card payment.

Join Monzo with a bonus

Want the wider Monzo picture? My Monzo guides hub has the account review, the paid plans and the investing side, all in one place.

Read more