A big update to connected accounts

[tjvr (Tim)]

@Anarchist

But until the feed shows more than six or so transactions for my credit card, it’s all a bit moot for me.

This is a limitation of Nationwide’s systems unfortunately They only return up to 90 days’ worth of data on credit cards. Currently it might be a little less than that, due to a bug on their end.

[BenLeo (Ben)]

I’ve found a very minor bit of slightly odd behaviour.

In the summary screen, tapping on More shows me a list of categories with 0 spend, which makes sense. I don’t have a way of collapsing that list back up though, without exiting and re-entering the summary, that I can see?

[tjvr (Tim)]

@Alexxxxx

am I right in thinking 50 is the max?

Currently we limit you to 50 active custom categories, yep

(Not for any particular reason other than to stop the UI getting out of hand…)

[tjvr (Tim)]

@BenLeo

I don’t have a way of collapsing that list back up though, without exiting and re-entering the summary, that I can see?

That’s right, there isn’t currently a “Less” button. We might add one at some point

[Anarchist (Press ‘Help’ search ‘Contact us’ or email help@monzo.com or call 0800 802 1281)]

@tjvr

This is a limitation of Nationwide’s systems unfortunately They only return up to 90 days’ worth of data on credit cards.

I had a feeling it might be. 90 days would be nice, though. At the moment, it gets up to about 6 transactions, then changes to just show 1 transaction. It did work as expected up to about a month ago.

Hopefully their big will be squashed soon.

[Revels]

@tbutz

The hard part is keeping it down to just a few, tempted to have fine grain budgeting to keep an eye on how many oven-ready meals I buy, but I think that’s just lockdown madness creeping in. Nobody needs to know that, least of all me.

I hadn’t even thought of doing this!

TescoHealthy
TescoBad
TescoSweets
TescoDrink

UH OH!

[Alexxxxx (>50 categories pls)]

@tjvr

(Not for any particular reason other than to stop the UI getting out of hand…)

idk how many others are at 50 but would like to put in a very strong plea for this to be lifted as I am sure I’ll want more in the future. Only added a new one the other week.

[tjvr (Tim)]

You’ve reached the limit? I would be very curious to know what your 50 custom categories are!

[richycran (Rich)]

Thanks! Cant wait to have a play.

I’ll be joining tomorrow as the OCD can’t handle a monthly payment going out on anything other than the 1st of the month

[PaulUK]

@Rat_au_van

My only bank account is Monzo and I have an Amazon new day credit card, so I can’t do anything with connected accounts

Emma now connects to Amazon New Day AFAIK, so the API should be available (perhaps)

[SebH]

Yes, a few open banking providers now work with NewDay cards, so the API is available. Emma, Yolt, and MoneyDashboard all support it.

Monzo just have to add support!

[BritishLibrary]

@Alexxxxx

idk how many others are at 50 but would like to put in a very strong plea for this to be lifted as I am sure I’ll want more in the future. Only added a new one the other week.

Also add me to that plea!

If my YNAB set up is anything to go by (and I don’t use these features in Monzo because of these limitations) - I’d be on 60+ categories.

[tomdavies]

My favourite category is called “Go on then” and I try to keep spending in there as low as possible.

[StuartL (Stuart)]

[ndrw (Mr Popular)]

Damn, a minute too late!

[Revels]

I’m starting to think I don’t utilise categories enough!

[nathanthomson8 (Nathan)]

What would be a really cool addition from this would be to be able to split a transaction from a connected account.

Say for example i make a purchase on my amex it would be great if i could then select that payment and do a split between say my monzo account and my girlfriend.

That would make me get plus

[Alexxxxx (>50 categories pls)]

@tjvr

You’ve reached the limit? I would be very curious to know what your 50 custom categories are!

Soooooooo:

Accessories (eg sunglasses, rucksacks maybe)
Art
Books
Booze
Cards
Cinema/theatre
Clothes
Club/festival
Coffee
Concerts
Eco (eg ecologi)
Energy (as in bills)
Fitness
Flights
Furniture
Gaming
Health
Holiday (would use this for hotels/Airbnbs as opposed to flights etc)
Home
Household / cleaning
Insurance
Jewellery
Junk food
Music
News
Plants
Politics
Presents
Privacy/security (Eg VPN, malwarebytes )
Pub/bar
Rent
Restaurant
Solidarity/support (eg various patreon and Novara subs, which, side note, would have each transaction split 50/50 across art/solidarity and news/solidarity respectively)
Stationery
Tv/film
Takeaways
Taxi
Tech
Tech service (eg iCloud as opposed to iPhone which would itself be in tech)
TfL
Toiletries
Trains
Uni/work
Water (as in bills)
WiFi
iOS (individual apps)

And four others which I won’t post here today

Looking through them just now…I could maybe subsume 2/3 into other categories and get by on tags due to the infrequency of transactions, but I split them out because I thought it was important to have a top level view even if there wouldn’t be many transactions (Privacy/security as a prime example of this).

I will one day have a pet, probably a car, maybe even a child. And that’s not to mention that much smaller things in my life could change which would necessitate me wanting to track my spend in some other less obvious categories.

So if there’s no technical reason for the cap, I would really appreciate it being lifted to at least 100

Edit: feel like I’ve just provided a pretty deep insight into my thinking

[Ordog]

Woah.

I’d love to be that granular with mine, but I can’t be bothered Too much admin!