You are reading a single comment by @hippy and its replies.
Click here to read the full conversation.
-
Ah, it's not actually Monzo ISAs it's 3rd party offerings provided through Monzo.
So you could just use https://www.oaknorth.com/ for the ISA and avoid Monzo taking a small cut. They also don't impose the £500 minimum deposit.
12 months £1 - £500,000 1.51 1.51
https://www.oaknorth.com/savings/personal-savings/personal-fixed-rate-cash-isa/
hippy-
Yeah sorry, third party, but I just meant it’s all on the same monzo platform. I can’t be bothered opening a separate account. My savings aren’t substantial enough to worry about the cut they take. I was just tired of HSBC so basically stuck everything on my monzo in the end and noted the terms were way better.
No doubt there’s better ways to save out there..
greeno
I use monzo as my main bank account and for all direct debits and rent.
I also use them as my savings account, their interest on their standard saving pot is about 60% better than what you get on an ISA with HSBC. And it’s way easier to use and track your money and it’s all in one place. Realise it’s not for everyone but I think it’s great. They also were mega helpful when I bought some trainers off a fake website too. Chat function is great. Have had no issues abroad either.