Savings accounts: Minimum balance of £25,000 combined across all Monument savings accounts held.
Cash ISA: If you only have a Monument Easy Access Cash ISA, the minimum balance is £10,000.
AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year.
UK Residents 18+. Terms and Conditions apply.
Key account information
Daily withdrawal limit
You can withdraw up to £150,000 per day through the app. For larger amounts, please contact contact us.
FSCS Protection
Your eligible deposits are protected up to £120,000 per person by the Financial Service Compensation Scheme (FSCS).
Maximum balance
You can hold up to £2,000,000 across all your Monument accounts. Any amount above this will be returned to your Linked Account.
Timescales for funding accounts
Make your first deposit within the following timeframes from opening:
- Fixed Term Deposits: 14 days. No further deposits accepted after this.
- Easy Access Cash ISA: 30 days, or the account will close.
- Notice Accounts: 14 days, or the account closes automatically.
Interest and tax
We pay interest gross. This means we do not deduct tax on your behalf. You are responsible for declaring and paying any tax owed to HMRC.
Tax treatment on ISA interest depends on your individual circumstances and ISA regulations, which may change.
ISA (Individual Savings Account)
A tax-efficient wrapper for your savings. You can deposit up to £20,000 per tax year across all ISA types without paying tax on the interest.
