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Protect your money with Monzo

Open a Monzo bank account in less than 10 minutes. Open Savings Pots in a few taps. Get FSCS protection on up to £510,000 across multiple providers.

The visibility of having all your money in 1 bank, with the protection of 6.

Protection from 6 banks

Open multiple interest-earning Savings Pots and get FSCS protection of up to £85,000 per provider.

Set up in a few taps

Get a Monzo bank account from your phone and open multiple Savings Pots in a few taps.

Everything in one place

Visibility over all your accounts in the same app. Add money instantly and withdraw in as little as 1 working day.

The protection of 6 banks, all in 1 app

We've teamed up with 5 fully regulated UK banks to offer you savings options through your Monzo app. (We're a fully regulated UK bank too.)

You can open Easy Access and Fixed Savings Pots with interest rates up to 1.30% (AER, fixed). You can see all of our savings accounts here.

The simplicity of 1 banking app, but the FSCS protection of 6.

Open a Monzo bank account in less than 10 minutes. Set up multiple Savings Pots in just a few taps.

One sign up that takes less than 10 minutes. Then you can earn competitive interest rates on multiple Savings Pots, all within a few taps.

Your money's protected

The money you deposit with each provider is protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). The FSCS apply this limit to each person and to the total amount of any money you have with our savings providers, whether held through Monzo or not.