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Jars

Help/Jars
  • ๐Ÿฆ General info
  • ๐ŸŽ Referring friends
  • ๐Ÿšช Signing up
  • ๐Ÿ‘ฌ Joint accounts
  • ๐Ÿš€ Monzo Pro
  • ๐Ÿชช Updating your profile
  • ๐Ÿ’ธ Adding money
  • ๐Ÿ’ณ The Monzo card
  • ๐Ÿ“ฑ Virtual cards
  • ๐Ÿ‘ฅ Transferring money
  • ๐Ÿซ™ Jars
  • ๐Ÿ“Š Trends

Help articles

  • ๐Ÿฆ General info
  • ๐ŸŽ Referring friends
  • ๐Ÿšช Signing up
  • ๐Ÿ‘ฌ Joint accounts
  • ๐Ÿš€ Monzo Pro
  • ๐Ÿชช Updating your profile
  • ๐Ÿ’ธ Adding money
  • ๐Ÿ’ณ The Monzo card
  • ๐Ÿ“ฑ Virtual cards
  • ๐Ÿ‘ฅ Transferring money
  • ๐Ÿซ™ Jars
  • ๐Ÿ“Š Trends
Help/Jars

Jars basics

  • What are Jars?
  • Transferring money between Jars
  • ย How many Jars can I have?
  • What is Salary Sorter?
  • What are round up payments?
  • What happens if I lock a Jar?

Savings Jars

  • How do I earn interest with Monzo?
  • Savings Program Interest Rate Sheet
  • Sutton Sweep Program
  • Do my Savings Jars have their own account number?
  • Are there any limits on how often I withdraw money from my Savings Jars?
  • Are Savings Jars secure and FDIC insured?
  • Can I have a Savings Jar in my joint account?
  • Setting a goal on a Jar

Expense Jars

  • What is an Expense Jar?
  • Creating and Editing an Expense Jar
  • Where can I find my Expense Jar's account number or card number?

Tax Documents and 1099-INTs

  • Do I have to pay taxes on my Savings Jars?
  • Why didnโ€™t I receive a 1099?
  • How do I fix an error on my 1099?
  • How can I check how much interest I earned last year?
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Monzo is a financial technology company; not a bank. All banking services are provided by Lead Bank or Sutton Bank; Members FDIC. The Monzo Personal and Joint Debit Card is issued by Lead Bank or Sutton Bank, Members FDIC, pursuant to licensing by Mastercard International Inc. See Lead Bank Terms, Lead Bank Cardholder Agreement, Sutton Bank Terms, and Sutton Bank Cardholder Agreement for more details.

As of June 18, 2025, the Annual Percentage Yield (APY) accrued from Monzoโ€™s Savings Jar is up to 3.75% and is subject to change at any time. See Deposit Account Agreement in the Lead Bank Cardholder Agreement or Sutton Bank Cardholder Agreement for more details. Interest is provided by Monzo, and not by Sutton Bank or Lead Bank.

Funds held in the Monzo deposit accounts are held with Lead Bank or Sutton Bank; Members FDIC, and are eligible for up to $250,000 in pass-through insurance in the event Lead Bank or Sutton Bank fails and if specific deposit insurance requirements are met and your card is registered. FDIC insurance does not protect funds in the event of Monzoโ€™s failure or from the risk of theft or fraud. See FDIC Prepaid Cards and Deposit Insurance Coverage.

Monzo Pro is an optional monthly paid, subscription membership program. Subscribers will be charged every month. Once enrolled, subscribers have access to Monzoโ€™s highest APY, cashback rewards, exclusive upgraded benefits and access outside of Monzoโ€™s basic offerings. Please see Lead Bank Terms or Sutton Bank Terms for more details.