I have an idea for the current account, that I would find really useful.
It would be really helpful, if there was a way for money in my account, to be autosaved, to be used later for Direct Debits.
Say for example I have a broadband bill of £45 each month, it would be handy if Monzo were able to auto-analyse my current account when I get paid, and automatically put £45 to the side, solely to be later used for the upcoming Direct Debit.
I think this is exactly how the pots feature is going to work
I imagine, that any direct debits or standing orders will be covered by a bills pot for example
You can see the discussion on Pots here:
Hi there,
I’d like to give you a very quick sneak peek on something that we’ve been exploring lately .
The idea of this is to let you create pots to segregate your funds. Many people tell us that they’d like to “hide” money away from their current account (so they can budget better) plus all the usual stuff we’ve discussed in the forum: rules to roundup and save pennies automatically, goals with a certain amount as objective, rainy day funds, holidays, etc.
On top of that we think this could b…
2 Likes
Perfect! Thanks for the link
alexs
(Alex Sherwood)
Closed
15 September 2017 19:26
4
If anyone has more feedback about this idea, please share it in the Pots topic -
Hi there,
I’d like to give you a very quick sneak peek on something that we’ve been exploring lately .
The idea of this is to let you create pots to segregate your funds. Many people tell us that they’d like to “hide” money away from their current account (so they can budget better) plus all the usual stuff we’ve discussed in the forum: rules to roundup and save pennies automatically, goals with a certain amount as objective, rainy day funds, holidays, etc.
On top of that we think this could b…