Has anybody used monzo to make large purchases? Do they authenticate with the app or over the phone or not authenticate at all? Planning on buying a car today and just wondering how it will go down. :grin:

[image] _conor: Planning on buying a car today and just wondering how it will go down You will need to get in touch with Monzo in app to inform that you plan to make a big purchase. They have system in place for these sort of things. Usually they ask for a 24 hour notice.

Depends what “Large” means :wink: You’ve got a £10k daily spend limit - As @SC95 has correctly mentioned, contacting COps at least 24hrs before you need to spend more than that is what you’ll need to do :blush: I’ve got no idea what they’ll ask for :see_no_evil: But they’ll walk you through that …

Yeah, probably no more that £10k being spent today, will I be fine for anything under that then?

In another thread on a similar thing @BethS who works for Monzo posted this; [image] Making a large payment Monzo Chat You’ve received sound advice so far. If it’s below the daily limits, which is £10,000 (and you can check these in your app) you should be good ok_hand …

[image] _conor: Yeah, probably no more that £10k being spent today, will I be fine for anything under that then? Yes. See the limits in app. [Screenshot_20181220-134418]

[image] _conor: Yeah, probably no more that £10k being spent today, will I be fine for anything under that then? :boom: If you’re under the limit, nothing to do :sunglasses: Should go through seamlessly :grin:

Big Purchases?

UK Help

SC95 20 December 2018 13:43 6

In another thread on a similar thing @BethS who works for Monzo posted this;

Topic		Replies	Views
Making a large payment Monzo Chat	12	12584	17 October 2018
Using Monzo For Large Purchases Monzo Chat	8	1394	18 September 2018
One off large expense Monzo Chat	7	1229	29 August 2018
Current account limits insufficient for extraordinary purchases Monzo Chat	97	13355	31 October 2018
Large payments abroad Help	4	1081	18 April 2018

Big Purchases?

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