The UK’s version of summer is very much in full swing, after kicking off with a balmy three days of solid rain. But now that things are looking up, we’ve created a Summer Savings Challenge for you to take on! Whether you’re saving for a holiday or setting some money aside just in case, this challenge will help you save little and (hopefully) often!
How it works
Whenever the temperature rises above 20°C in your area, you can automatically save £2 into a Pot of your choice. You can even change the temperature and amount you want to save if you like! Whenever the weather in the location you’ve chosen goes above the number you’ve set, we’ll move your money into a Pot automatically.
How to start the Summer Savings Challenge with Monzo
If you use Monzo, you can do it automatically with help from IFTTT, an automation platform that lets you do cool things with your Monzo account
Head to the Summer Savings Challenge on IFTTT and tap ‘Get Started’
You’ll need to log into Monzo and agree to some terms
Next, choose which pot you’d like to put your savings in (or go to your Monzo app to make a new one)
Tap ‘Save’ to get started!
You can rename your pot to ‘Summer Savings Challenge’ or whatever you’re saving for
We’ll automatically move the money into the Pot you choose when the temperature goes above the number you’ve set! Join our Monzo Saving Squad Facebook group to let us know how you’re getting on! Good luck! 💪
To start the Summer Savings Challenge, download Monzo today!