Categories of Transaction on Statements


One useful feature that I like Monzo for is its automatic classification of transactions. Not only is the list of recognised suppliers growing day by day, but the categories are often accurate and helpful for budgeting purchases on the app.

I feel that adding a ‘categories’ column on the downloadable statements that are automatically generated would offer further insight for customers that want to analyse their spending further through downloading statements. It would also enable users of the statements to clearly see their categorised habits outside of the application.

Thanks for your consideration