Monzo 1p Saving Challenge

In the new year, Monzo is bringing back their 1p Saving Challenge, designed to make saving effortless throughout the year.

The concept is simple: start by saving just 1p on the first day and increase the amount by a penny each day.

On day 30, £4.65 will have been moved to the saving pot, and by the end of the year, the total savings will amount to £667.95.

The challenge gathered over 1 million participants in 2025, why not join in 2026?

Words by Alexandra Herlaut Reinhardt

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