Any plans for Monzo to create its own credit card??
Toms not really a fan of credit cards but equally I wouldnāt be surprised if they appeared.
@edwoollard is it too early to ask if this will be just a balance check or will you be able to pull across actual items into the feed?
That could be game changing to become āthe financial hubā Monzo wants to be
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Iād hope itāll be a pull of the feed.
Tandem currently manage it with my Barclaycard.
If Monzo manage to integrate the spending feed with my current account, that really would be a game changer! Imagine if I set up a āCredit Cardā pot and each time I spend on my card Monzo immediately take that amount from my current account and put it into that pot. Then the direct debit to pay off that card comes from that pot and pays it off in full. Would make cashback cards a breeze.
And as part of that, if they pulled the feed from the credit card, maybe those could be included in the monthly buget catagorisation.
Thereās LOADS they could do with this!
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Sounds amazing doesnt it.
I think if they achieved the combination of:
- Feed pull from credit card
- Credit card/Committed spending pot
- Custom Categories for budgeting
Monzo would become an unbeatable force and really market leading.
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Iāve assumed weāre talking balance only at the moment.
I think Iām an odd-ball in that Iām really nervous about any sort of feed integration and how that might affect the clarity of visibility of my current account. On the flip side, I see all the benefits but I just donāt know if it would break the way I work.
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I think itās makes sense to eventually get filters on the transaction list.
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Yeah could lend well to swipe left and right actions to show a current account feed, credit card feed, joined feed.
Only thing i think monzo could struggle on this is how to show legacy banks feeds for āpendingā transactions but im sure someone at monzo could solve it.
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Iām not sure Monzo would want to show legacy bank feeds because it could encourage people to use a legacy banks for their main account then use Monzoās features.
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Ahh sorry i actually did mean my credit card but used the term legacy by mistake.
The only thing i use my legacy for is salary, cash deposits and 0% overdraft when needed so wouldnt need to see the feed in monzo 
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Coultd you just not use if it doesnāt suit your workflow?
Would this affect Monzoās interchange fee income and therefore not be attractive for them to implement? My understanding of these things is limited so I may be wrong.
It would only affect Monzoās interchange fee income if it lead to people using their credit card more instead of their Monzo card.
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I know monzo get an interchange fee per transaction on the monzo card.
But would they get a fee (proportion) of say a direct debit to amex say in this case?
Quality service from Amex
Applied for cash back card Sunday night, arrived in post today. Just waiting on Monzo now 
Use my referral for free Ā£10 (I receive cash back too)
Amex is popular? Itās probs the must under accepted credit card in the world, Iād not both.
I rarely have acceptance issues. At least in the uk anyway.
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Is this thread going to get flooded with referral links?
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Same. Most small shops donāt accept AMEX
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Now thatās interesting, I know the cash back is amazing and had one a few years ago but found it nearly useless as most restaurants or non-chain stores simply did accept it. Maybe itās time for another whirl 