So this is something that Starling have introduced recently, and it seems to be one of the only things where Starling beats monzo….
**They essentially have system that calculates what the total of your monthly bills is, and then alters the transfer into the bills pot to mirror that amount **
It would be great if we could have a payment into bills pots each month that tops it up to a certain amount, which varies depending on how much is due to go out.
Let’s say I have £10 left over in my bills pot as the previous month was a bit cheaper than usual.
My bills normally cost £200 a month. So, the “top-up” payment would be £190.
Let’s say, next month my phone bill is £20 more expensive. The scheduled payment adjusts itself to whatever the total amount of my bills should be. In this case £220.
Or vice Versa if the scheduled payments are less.