Earn 1.6% AER (variable) on Instant Access Savings
Grow your money without locking it away with an Instant Access account. Get a great rate with no strings attached.
AER (Annual Equivalent Rate), interest is subject to DIRT (Deposit Interest Retention Tax). Ts&Cs apply.
Fee-free Instant Access Savings
Save like never before with a great interest rate on a free Instant Access Savings account.
1.6% interest. Interested?
Your savings will thank you with 1.6% AER (variable), with interest paid monthly. Subject to DIRT.
Withdraw in an instant
Dip into your savings without the wait, or without paying a cent.
No minimum deposit
There’s no minimum amount you need to add to open a Savings Pot, while you can add up to €100,000 in your Instant Access Savings Pot.
Save on easy mode
Make saving feel easier with smart features that help turn cents into euros.
- Use goals to give yourself something to save for
- Schedule deposits to move money from your main balance into your savings
- Put spare change to work with automated roundups
Access your cash just like that
No more waiting for what's yours – access your savings right away with a tap on the app. We won't reduce your rate or charge you any fees for it either. And we pay you interest every month, not in a year’s time.
Protected by the Deposit Guarantee Scheme
We're part of the Deposit Guarantee Scheme, meaning your eligible deposits are protected up to €100,000.
See your savings grow and grow
Imagine you had €1,000 in a Pot with a 1.6% AER interest (variable) rate. We pay your interest each month, but in total, you’d earn €10.60 interest over a year before Deposit Interest Retention Tax.
This is based on you making no withdrawals or adding more money to your Pot.
It all starts with a free Monzo current account
You’ll need a free Monzo current account to get Instant Access Savings. Once your account’s up and running, you can open up to 20 Instant Access Savings Pots for all savings goals.
Join the waitlist
14 million personal and business customers in the UK already bank with Monzo – now it’s Ireland’s turn. Join the waitlist now for the chance to get early access.
