I’m on iOS and last two transactions paid using Apple Pay pay later hasn’t worked. I got the usual Monzo notification afterwords asking me to choose a plan in the app. This was both pay in full options. Paying over 3 months seems to be working fine.
Hey Paul. Did you choose ‘Pay in Full’ on the screen on the left?
Tapping “Pay in Full” in that screen actually bypasses the new Pay Later functionality, and makes a normal card payment using your Flex default.
If you want to pay for your purchase on your next payment date, you need to use “Pay Later” and choose the “1 Payment” option.
We know it’s not the clearest, so we’re working with Apple to see what we can do to make it clearer going forward.
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I’ve noticed the same, select pay in full via Apple Pay but then still prompted to make a selection in the app later.
Hi Tom, that explains it thank you. I did indeed choose Pay in Full thinking it would choose the one month option automatically. Good to hear you’re already on it about making it clearer 
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FWIW, and I’m sure you’ve already thought of this, but to make it clear you just need to add the word ‘now’ so it’ll say ‘Pay in Full now’.
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Ha, that would be a no! 
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You could always pay with your debit card and then try Flexing but I’d be surprised if this was supported.
I use Flex as my credit card option these days with a couple of exceptions. But when dealing with my Lloyds card, you realise how good you have it with Flex.
I have a £1.42 interest charge on my statement with my Lloyds CC. I bought a monitor on another card and did a balance transfer over to Lloyds for the 0% and I’ve been paying it off this year. I can’t remember exactly if the 0% was 8/9/10/12 months (my fault here, I know that) but there is no way to see where that £1.42 came from. Is it because of that transfer?
I put my deposit/hold from my new iPhone on this card too, is this £1.42 from that? Did I not clear it quick enough and it rolled over a month?
How do I know when my 0% runs/ran out, do I need to go back to Feb and find an email from the transfer?
Flex tells you where you’re accruing that interest per transaction and that is such a transparency win.
If only Theo had given us 6 months 0% last Christmas (hint hint) then I could have skipped Lloyds completely!
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I don’t think holds incur interest, or is that card specific?
I remember a long old debate time ago here about this.
I used to pay my M&S credit card by DD for the minimum payment (to make sure I didn’t miss a payment) and pay the rest of the balance manually. Did this for several years with no problem.
Then one month I miskeyed the manual payment, and underpaid by £0.02. Because of the way a traditional card calculates interest if you don’t make the full payment, that resulted in an interest charge of over £19.
I phoned up and managed to persuade them to waive the charge as a one-off goodwill gesture but I was pretty shocked to realise the financial impact of that tiny underpayment.
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Hold was probably the wrong way to describe it. I paid money and was waiting for a refund due to iPhone trade in drama. It would be refunded rather than drop off.
Nope, I paid this at the start
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Ah quite likely then off the back of the “purchase”.
Flex never charges interest on holds.
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Did you have a statement issued between the purchase of the phone and the refund of the trade in? If so it’s potentially that. I know with Amex you would still have to pay the statement balance regardless of the refund and then have your credit balance refunded afterwards.
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That was my theory but I didn’t bother to investigate. I’ll see if it comes next month but I’m about to clear it anyway so it’ll be over with.
I’m in exactly the same position as you.
Reapplied for Flex card after about 4 months away and I’ve now got half the limit I had before. I’ve also moved my main current account to Monzo which doesn’t seem to have helped.
Don’t know what the problem is. Have Monzo been told to reduce limits by the FCA?
I’ll give it until early Jan next year to get the limit back to where it was or I’ll dump the card. It’s 2nd best for me anyway compared to cashback cards I have.
It could be something as simple as Monzo updating their lending criteria (which most companies offering credit would do on a regular basis to combat fraud).
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No, but internal metrics may make them reconsider your limits.
Could be something from your credit file when you reapplied they weren’t happy about. There’s too many reasons why, but too much or too little credit elsewhere can impact.
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