It can be tempting to dip into your savings, especially when it only takes a few taps. So, to help you stick to your savings goals, you can lock your Pots until a date you choose.
If you try to take money out of a locked Pot, we’ll remind you that you can’t until the date you set.
To lock a Pot:
Head to the Account tab in your app
Create a new Pot, or edit an existing one
Choose how long you’d like to lock it for
You’ll be able to put money in your Pot as normal, by adding money manually or scheduling regular payments in.
But if you try to withdraw money from a locked Pot, we’ll remind you that you can’t until the date you set.
By adding some extra friction, we hope you’ll find it easier to control your spending or save towards your goals.
See the other features on our radar for the next few months, and keep track of the ones you're most interested in with the Making Monzo roadmap:
Or check it out online here!