What is the difference between Instant Access and Select Access Cash ISAs?
A Instant Access Cash ISA could work for money you expect to need sooner, or money that you’re likely to withdraw across many transactions. A Select Access Cash ISA could be a great option for medium-term savings goals where you'll probably need the money later, like a big trip, a wedding or even a house deposit.
Is a Monzo Cash ISA an easy access account?
Yes, you can withdraw your money instantly, as many times as you like. There’s no waiting around with delays or limits.
How much is the 2025/26 ISA allowance?
You can add up to £20,000 across all your ISAs (whether they're with Monzo or somewhere else) in the 2025/26 tax year.
Can I have more than one Cash ISA with Monzo?
Yes, you can have multiple Pots within the same Cash ISA, helping to organise your money, and they can be a combination of Select Access and Instant Access Pots.
This means you can spread your annual ISA allowance across different savings goals, and move money between them without ever leaving your Cash ISA.
Are Monzo Cash ISAs flexible?
Yes. A flexible cash ISA lets you take money out and put it back in within the same tax year, without it counting towards your ISA allowance. It can save you from losing your ISA allowance if you need to access your savings temporarily.
