Monument Bank - Get £30 cash when saving 💸

Free Money — Large Deposit — Monument Bank

Earn - £30 cash | Time - 15 minutes | Cash Needed - £10,000+

Monument Bank is a UK digital bank that offers high-interest savings accounts for customers with larger deposits, managed entirely through its mobile app. Right now, you can get a £30 bonus with their refer a friend scheme.

To claim your £30 bonus:

1. Sign up here and open a savings account or Easy Access Cash ISA (4% interest).

2. Register and fund the account with a minimum deposit of £10,000 if you open an Easy Access Cash ISA or £25,000 if you open any other savings account.

3. Monument will credit your Account with £30 within 3 working days of all conditions being met. From our experience this payment is made the following morning at 7am!

*All Monument Bank savings are protected by the Financial Services Compensation Scheme (FSCS), so your money is covered up to £85,000 per person if the bank were to fail.

👉 [Get notified about new offers here]

👉 [Have a referral link? Share it here]

👉 [Need to see the T&Cs for this offer? Click here]

Enjoyed this offer? Check out more great Large Deposit offers below!

Report Expired

FAQ’s

• Is Monument Bank a safe bank?

  • Yes — Monument Bank Ltd is a UK-registered bank. Their registered address is 33 Cavendish Square, London, W1G 0PW.

  • They are authorised by the Prudential Regulation Authority (PRA) and regulated by both the PRA and the Financial Conduct Authority (FCA), under regulatory number (FRN) 849724.

  • Eligible deposits at Monument are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000 per person per bank — like many UK banks.

• Who is the CEO of Monument Bank?

  • The CEO is Ian Rand.

  • The bank was co-founded by Mintoo Bhandari (among others), and the firm has raised multiple funding rounds to support its growth and product offerings.

• Where should I put £20,000 in savings in the UK — is Monument a good option?

  • Monument offers a variety of savings products: Easy Access Savings, Fixed Term Deposits, Notice Accounts, and a Cash ISA (when you meet their deposit or account-size thresholds).

  • Because deposits are FSCS-protected (up to £85,000), using Monument for £20,000 is within the protected limit — so in terms of deposit safety, you should be covered.

  • If you want flexibility + somewhat better returns than a basic high-street instant-access account, Monument could be reasonable — but many of their “Notice Accounts” have a minimum threshold of £25,000, and combined deposit total across accounts must reach that to qualify.

  • So if you only have £20,000 — you might be able to open an Easy-Access or standard savings account, but you may not qualify for certain “premium / notice / higher-yield” accounts that require higher minimums.

• What kinds of savings accounts do they offer?

  • Easy Access Savings: for flexible savings, likely suitable for smaller balances.

  • Fixed-Term Deposits: for locking savings for a set period, often with enhanced interest rates.

  • Notice Accounts: require a minimum deposit of £25,000; you give notice before you withdraw funds. These come with better returns than easy-access accounts, but are less flexible.

  • Cash ISA: Monument offers a Cash ISA (though often with deposit or balance minimums) — useful if you want savings with tax-efficient interest.

• How can I contact Monument Bank?

  • Phone: 020 4524 8080

  • Email (customer support): service@monument.co

  • Registered address: 33 Cavendish Square, London, W1G 0PW, UK.

  • You can also contact them via their app (live-chat / call / video / messaging)