With the latest update to HSBC they’ve got a new feature, I quite like the idea behind it and it’s built-in their own style and not a copy of other products I’d say! anyone else on HSBC tried this?
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I don’t have an account with HSBC, but think this is a fantastic step forward. I hope it’s a move that’s copied or emulated by all the banks. It’s a step nearer to solving what I see as the ultimate challenge of retail banking, which is:
“Given the number of days since I was last paid and until I next get paid, and my committed spend (bills) and savings, am I ahead or behind - and can I afford to buy X?”
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Not that I use this feature on Monzo, but isn’t this committed spend?
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I have this… I put all my regular monthly bills into a spreadsheet, look at the total and deduct that from what I earn each month. 
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Monzo are the closest of all the banks I use. Once they can integrate a more accurate view of your next credit card bill, they’ll be even closer.
I guess the final (longer-term) bit is accounting for irregular spending patterns throughout the month, and bills that get paid by debit card rather than Direct Debit.
I did when it was part of their “connected money” app, looked really nice and nearly made me not move away to Monzo fully to be honest…
I suspect you are iOS. I saw the ‘beta’ HSBC app which became ‘Connected Money’ but was iOS-only (with Android coming 
) in - what - 2016/2017?
I was on Android and also a full-on HSBC customer at the time - current/savings/loan/mortgage/etc.
The connected money app looked like the answer to my financial issues. So I waited. And waited. Then I came across Monzo as a good travelling card alternative to the-then incredible Supercard (which was unfortunately & quickly shuttered), so I got a pre-paid Monzo card. And still waited for the HSBC app. Waited some more. Got fed up waiting by the time Monzo launched current accounts and jumped in with Monzo partially. When Monzo launched Joint Accounts I/we jumped in fully. I’ve now enjoyed Monzo for 2.5 years and I’m still waiting for the HSBC beta/connected/re-vamped app to deliver on Android.
So because HSBC took so long, I’m now almost HSBC free and #fullmonzo
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Yep (iOS)
And I agree, HSBC/FD took too long to impliment so I ended up going #fullmonzo
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I also, don’t use committed spend, but I assumed that is very similar to committed spend with Monzo. Is it not? Am I wrong? How does committed spend work or look?
Blockquote I also, don’t use committed spend, but I assumed that is very similar to committed spend with Monzo. Is it not? Am I wrong? How does committed spend work or look?
It’s their version of committed spend. You tell it what’s a bill, and it tells you what you have left after spending that’s safe.
Can you add other non bills eg if you know you need £100 for something that month can you exclude it?
Don’t know, I haven’t used it in a number of months now…
No. It’s based on direct debits and standing orders. You can hide certain DDs (eg an annual one) or virtually change the upcoming amount for variable bills, but you can’t add one off payments.
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I’m struggling to see how this has any relevance to this thread?
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Wrong thread I think @AlanDoe