When I was With Halifax I would get a text to say I was nearing a 0 balance in my current account and I was wondering if Monzo did this? - if not is it something people would benefit from? For example it’s a Saturday night and you go drinking then you’ve got 3 direct debts coming out on Monday that you may Have forgotten about? - that way if you were getting close to your limit on your current account Monzo would let you know so the direct debts didn’t then bounce.
No, they don’t. A user defined lower limit would be nice, though.
In the circumstances you mention, Monzo would let you know if there was insufficient funds to cover your DDs,I believe.
Monzo do do that indeed I believe actually! However it would be good for the general balance notifications to come through as it would help people that are on the lower incomes and or spend a lot.
Pay your direct debits from a pot? Then you can spend what you like?
I do but I meant for people that don’t do that, again a notification might benefit some people.