Save on easy mode
Make saving feel easier with smart features that help turn cents into banknotes.
Savings
Catch a great rate of 4.00% AER, 3.93% NIR
Open a Boosted Instant Access Savings Pot before December 31st 2026 and get a boosted rate for 12 months, with a deposit limit of €5,000.
A Monzo current account is required. No account maintenance fees. 0% AER, 0% NIR. Representative Example: Interest is paid monthly at a rate of 4.00% AER,3.93% NIR and applies to any amount deposited in the Boosted Instant Access Savings Pot. Deposit limit of €5,000. Maintaining a daily balance of €5,000 for 12 months would generate €196,50 in gross interest.
Ratings and customer figures shown relate to our UK customers. The App Store, Google Play Store and Trustpilot ratings are correct as of 27 October, 2026.
Fee-free Instant Access Savings
4.00% TAE, 3.93% TIN for a whole year
Open a Boosted Instant Access Savings Pot before December 31st, 2026 and lock in a boosted interest rate on your savings for 12 months.
That's €196,50 interest that you can make if you keep €5,000 in your pot for the full 12 months.
:format(avif))
Looking to save more than €5,000?
We’ve got a plan for you too! Keep building your balance with a 2.50% AER, 2.47% NIR with a deposit limit of €100,000 with our standard Instant Access Savings Pots.
:format(avif))
Instant withdrawals
Withdraw money whenever you need it without withdrawal fees. Want fewer temptations? Hide your Savings Pots from your home screen and reveal them when you're ready.
:format(avif))
Start with whatever you like
There’s no minimum amount you need to add to open a Savings Pot.
:format(avif))
:format(avif))
Apply for an account in 15 minutes
We asked thousands of Spanish customers what they want from their bank. Then we built it. No account maintenance fees.
:format(avif))
Step 1
Open a free Monzo account
It takes just 15 minutes to apply, and comes with innovative features to help you bring your financial world together in one place.
:format(avif))
Step 2
Fill out a few questions
We'll ask you some questions to help us set up your account, but there's no lengthy paperwork to fill in. In fact, it only takes a few minutes.
Step 3
Add your Hot Coral card to your digital wallet
Once your account's open, you can start using your card straight away with your digital wallet.
FAQs
How quickly can I access my money?
Instantly. You can take money out of your Instant Access Savings Pot whenever you need it, with no fees.
Is there a minimum amount I need to deposit?
No, there's no minimum amount you need to open an Instant Access Savings Pot. You can add up to €100,000.
Is my money protected?
Yes, Monzo Bank Europe DAC, Sucursal en España is registered with Banco de España and is a member of the Irish Deposit Guarantee Scheme. This protects your money up to €100,000 per customer.
Can I have more than one instant access savings Pot?
Yes, you can create up to 20 Pots for different savings goals.