Before Montenegrin independence, clubs from that Republic played in handball Cup of Yugoslavia / Serbia and Montenegro.

Most successful was ŽRK Budućnost Podgorica with 11 trophies won.

ŽRK Budućnost won the national Cup on seasons 1983–84, 1988–89, 1994–95, 1995–96, 1996–97, 1997–98, 1999-00, 2000–01, 2001–02, 2004–05, 2005–06.

Except Montenegrin First League of Women's Handball as a top-tier league competition, after the independence, Handball Federation of Montenegro established Montenegrin Cup as a second elite national tournament.

Inaugural season of Montenegrin Cup was 2006-07, and by now all the titles are won by ŽRK Budućnost.