Pots: saving and managing money
A Pot is a place in your account where you can set money aside from your main balance. You can give it a name, photo, and savings goal to help keep your money organised.
Types of Pots
Regular Pots don’t earn interest and are useful for things like bills, holidays, or budgeting
Instant Access Savings Pots can earn interest at the rate shown in the app
Collection Pots let you collect money from other people for things like birthdays, trips, meals or group purchases. You can invite people in Monzo or share a link so others can contribute.
How to use a Pot
To create a Regular Pot
Go to Home
Tap Create Pot
Follow the steps in the app
To create an Instant Access Savings Pot
Go to Save
Tap Savings
Tap Activate Savings Pot or Create Savings Pot
Follow the steps in the app
To create a Collection Pot
Go to Home
Tap Create Pot
Choose Collection
Tap Create a collection pot
Choose a name and image
Invite people to contribute, or tap Skip
Tap Create pot
You can also tap Share link to share your collection with other people.
To add or withdraw money
Tap the Pot you want to use
Tap Add money or Withdraw
To move money
Go to Home
Tap Move money
Choose where you want the money to go
To close or archive a Pot
Tap the Pot you want to close or archive
Open Settings
Choose the option to close or archive it
