Monzo
Instant Access Savings Pot
FSCS protectedUK regulated bankUpdated June 2026
Rate explanation
Instant Access Savings Pot from Monzo advertises 3.90% AER (illustrative, June 2026). Access is instant; minimum deposit £1. Bonus note: app-managed pots.
Pros
- FSCS protection up to UK limits (subject to eligibility).
- Instant access to withdrawals in most cases.
- Offered by a UK-regulated banking group.
Cons
- Maximum balance cap around £1,000,000 — confirm with Monzo.
Eligibility
- UK residents typically aged 16+ (18+ for ISAs).
- Rates change — always confirm live AER on the provider website.
- Tax treatment depends on personal circumstances; ISA products use UK ISA rules.
UK comparison
Compare Instant Access Savings Pot against other UK savings and Cash ISA products on MintBridge before you apply. Educational comparison only — not financial advice.
Educational content only. MintBridge does not provide regulated financial advice. Verify all rates with the provider before applying.