Help Me Track ISA Contributions

Now that you can have any number of ISAs, I find it difficult to keep track of how much I’ve put into an ISA in any tax year.

I’d like Monzo to make that simple for me: let me see how much I’ve put into various ISAs and show me clearly a) how much that adds up to and b) how much of the ISA allowance is remaining.

Bonus points for a new category that would do that all automatically by tagging the right category.

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Barclays have a feature called Wealth Hub that shows your total assets & liabilities across all your Barclays products but you can also manually add any other accounts, investments, assets etc.

I’m quite liking it to keep track of everything in one place and one of the most useful features for me is having my remaining ISA balance shown.

It could be improved by pulling in data using open banking instead of me having to manually update the balance on all the external accounts every month but honestly doesn’t take that long.

I did plan to add a screenshot showing the ISA allowance section but of course they seem to be having tech issues at the moment :laughing:

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I like the sound of this. Monzo needs something similar!

I have a thing called Google Sheets.

Can’t go wrong with your own spreadsheet :rofl:

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I also have a Google Sheet but I don’t keep historic balances in there so not as easy to see things growing and the nice graphs over time etc

For me, there are two needs:

  1. somewhere that adds up my ISA contributions (I know I have a calculator, but it could make a nice stopping off point for Monzo Investments and, you know, generally help customers out).
  2. a net-worth dashboard - perhaps including something like this, and seemingly what Barclays does (keen for screenshots once they’ve rebooted their hamsters @descendent!)

I’m not sure Monzo will have the data access with savings and investment providers to track this. It gets even more complicated when you throw flexible ISAs into the mix.

But yes, I agree a better way to track this would be nice.

HMRC need to sort out a real time tracker. Right now you have to wait until like August to know if you made a mistake!

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Apart from the ISA allowance part (the main bit you wanted to see :laughing: ) these are the main screens. It’s also available on the app but was easier to screenshot from the web version

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You know what, I think this would be my preferred solution. I can already track my salary in the HMRC app, having the same for ISAs would be fantastic.

Is that Barclays Wealth Hub for us proles, though? I can’t see it anywhere in my regular app or online banking. Perhaps it’s just for Premier or HNW or something, unless I’m just not seeing it.

Sometimes the simplest things are the best. Let me manually input.

Or, if I’m paying money from Monzo, a simple ISA category that’s linked to a calculator would help.

Could be, it doesn’t mention it in the premier benefits. On the app there’s a tile for it between the accounts section and circle icons for cards, PINsentry etc

Supposedly they are working on it. Been like that for years though.

Yeah would be good but doubt it will materialise anytime soon.
They’ve being trying to the same with Pensions Hub for years

No benefit to HMRC to do so. It would just be an additional reporting burden on financial institutions.

Fine by me!