If you haven't moved over, what's stopping you from making Monzo your main bank?

[jamiedjohnson94 (Jamie Johnson)]

For me, this pretty much sums it up for me:

@georgecaul4444

One of the main things that prevents me from having my salary paid directly into Monzo, is that any money that is transferred out of the account is assigned a category and is incorporated into my monthly spend figures. As such any funds that are sent to a savings account or similar, are shown as £s spent. To work around this I’ve left my salary with my legacy bank, then divided it up between accounts from there.

Further to this, when products are purchased for someone else, these also show in your monthly spend; even if said third party sends you the money for the purchase, there is no way to counteract it.

Aside from this, I think not being able to have official monzo bank statement as a form of proof of address. I also wish the Android app was more secure (fingerprint scanner) but I understand this feature is on its way.

Apart from the above, I absolutely love my monzo account and for the first time in my life I was EXCITED to start using it and spread the word about it. It’s made life far easier and I can’t wait to see Monzo’s future state. I would say it’s just a matter of time before it becomes my main account in all aspects of my personal banking.