Interest on your savings with Plus, Premium, Perks & Max
With Plus, Premium, Perks & Max, you can earn:
3.25% AER (variable) on up to £1,000,000 in Instant Access Savings (including Personal, Joint and Cash ISA)
Up to 3.65% AER (variable) on up to £1,000,000 in Select Access Savings and Select Access Cash ISA
Select Access limits are separate from the Instant Access limit.
The Select Access Savings Pot rate applies as long as you make 2 or fewer withdrawals per year, per Pot. If you make a 3rd withdrawal from that Pot, its rate will temporarily drop to 2.60% AER (variable) for free accounts, or 3.10% AER (variable) for Plus, Premium, Perks & Max. The lower rate applies until your Pot anniversary, when your withdrawal allowance resets.
Standard rates are 2.75% AER (variable) for Instant Access and 3.15% AER (variable) for Select Access, which Free and Extra users receive. We pay the interest on the 1st of the month.
You can see more details about your interest payments from your plan home..
*Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £120,000 per person. This includes deposits in your Instant Access Pots.
Eligibility for Plus, Premium, Perks and Max: 18+ (18-69 for Max) • UK resident • Ts&Cs apply
You may see a different interest rate (that includes a bonus rate) in the app if you have switched an Easy Access Savings Pot or Cash ISA to an Instant Access pot or Instant Access Cash ISA recently. You can check the interest rate of your Savings Pots here in the app.