Overview
- The challenge automates daily transfers into a dedicated Challenge Pot, increasing by 1p each day to total £667.95 if completed.
- New for 2026, one person who completes the full year will receive a £10,000 prize.
- Participants can start any time, with each challenge running 365 days from the first penny, and they can pause, stop or withdraw funds at any point.
- Extra, Perks and Max subscribers can use turbo options to save up to £2,671.80, earn 5% interest on the Pot, and enter monthly £100 draws with 100 winners.
- Monzo reports 1.7 million participants in 2025 who collectively saved over £360 million by November, demonstrating strong uptake of the feature.