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Monzo launches 4% AER on its savings account after its official arrival in Spain

FinanceInternationalFinect35 s readAI summary
Image: Finect

Digital bank Monzo raised the interest on its Hucha Remunerada savings account to 4.00% AER (3.93% nominal) for 12 months, capped at 5,000 euros, after removing its waiting list in Spain on 28 October. The product requires a Monzo current account, charges no maintenance fees and pays interest monthly with instant withdrawals. It must be contracted before 31 December 2026. Balances above 5,000 euros keep earning the standard account's 2.50% AER.

In 35 seconds

  • Monzo raises its Hucha Remunerada to 4.00% AER (3.93% nominal) for 12 months, up to 5,000 euros
  • It must be contracted before 31 December 2026 and requires a Monzo current account
  • Balances above 5,000 euros earn the standard account's 2.50% AER
Read the full story at Finect

IASummary generated by artificial intelligence from a story by Finect. It may contain errors: the original source prevails.

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