FSCS protection
Covered up to Up to £120,000 per person if Monzo fails.
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Savings · United Kingdom
Monzo
Instant Access Savings Pot
3.00%
AER · fixed rate
- Min. Deposit
- £1
- Term
- 1 year
- Protection
- FSCS protection
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What £25,000 Earns You
At 3.00% AER over 1 year. Take the interest once a year, or leave it in to compound.
| You Deposit | £25,000 |
|---|---|
| Paid Once a Year | £750 |
| Total Interest | £750 |
| Balance at the End | £25,750 |
Each £750 interest payment is paid to you directly, and £750 is what they add up to over the term. The figure at the end is your initial investment of £25,000 paid back plus your final interest payment.
| You Deposit | £25,000 |
|---|---|
| Total Interest | £750 |
| Balance at the End | £25,750 |
No interest is paid out to you during the investment period, so your final return will include your initial investment of £25,000 plus £750 interest.
Where You Stand
Product Details
- Type
- Savings
- Term
- 1 year
- How Interest Is Paid
- Once a year Left to compound
- Min. Deposit
- £1
- Protection
- FSCS protection
- Coverage
- Up to £120,000
- Region
- United Kingdom
Eligibility & Details
- UK only (FSCS via partner bank).
- Requires Monzo current account.
Compare Canada is a comparison site, not a financial adviser. Figures use a £25,000 example at 3.00% over 1 year, compounded annually where shown. Confirm all terms with Monzo before you commit.
3.00%
AER fixed
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