It’s two weeks I believe.
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I too have never had trouble with Tymit.
My use case for not wanting the initial payment taking straight away is as follows.
My Monzo joint account only holds our monthly budget plus ~ £200 (in case of overspend). So let’s just say that £1,700 in total with a £1,500 budget. On pay day I scurry the rest into a variety of pots.
So when I have a payment I’d like to use tymit for, I don’t have to do any maths, I don’t have to withdraw from a pot before a transaction and I don’t have to worry about the balance (generally).
With Flex, I’d have to work out the initial payment amount. Then decide if I have enough to cover it or take some money out of a pot, in advance. EDIT: This is more evident towards the end of the month, when the account balance is low. With Tymit, it gives you this information and gives you ~ 1 month to sort.
I know it’s not difficult to workaround, but it’s this friction that caused me to cancel my Flex account. If a delayed initial payment works it’s way into the app (which looks like it may be on the way 
) I’d switch straight back.
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Yes. This is correct. It’s the only way I used Flex so far. Gets you 3 pay periods to spread the payment over. For me anyway.
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If it’s something I’m purchasing and there’s a bit of flex (heh) on when I can buy it then I’ll wait and time it so I miss the next payment but sometimes, like today with my car fix, that’s not always possible.
I’m for and against having to pay the initial payment right away. I see why it’s done and I see why it’s frustrating to some people.
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Yep it was this bit I was trying to suss out. The optimal and least optimal ways to Flex things.
I think that means the worst version is Flexing something 15 days out from Flex Installement Day - as your 3 payments would be Day 0 / Day 15 / Day 45. I Think
Where as best would be about 75 or so days total? Day 0 / Day 45 / Day 75? (Ish)
I guess this also means if you pick an interest paying plan, the total interest you pay will also be influenced by how close you are to your Flex Installment date?
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Love the update
Using flex is now a lot better with the new feature of being able to pay off the balance directly from pots. I think the next step would be using a categorising feature similar to the one used in trends, to allow the first instalment from flex to be taken from pots. As currently, we have to move cash from the pot to the main pot in order to use flex- very inconvenient. Alternatively, rather than looking at the main pot as being out of balance, flex could look at the summary of all the pots to determine if the first instalment can be taken?
Monzo still won’t increase my limit above the original £1000 that they set. My income (couple of private pensions plus investment income) is equivalent to what my salary was less mortgage (which is now paid off).
I get that Monzo are being responsible lenders but they seem quite happy to lend me up to £19,000 if I take out a loan with them (which I have no intention of doing)!
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My girlfriend got the below email from Monzo last Thursday, saying how she can pay the first instalment later. I’ve had a search on the forum and can’t see this topic brought up (and I haven’t received this email, either). She has a Basic account and I’m on Premium. Anyone else have it? 
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Nope not got anything, and will be annoyed as flexed a wedding bill this morning…
I want!
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Sure Theo will drop by soon to explain
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I can chase up and update 
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Hey folks 
No Theo today I’m afraid, so you’re stuck with me! I’ve recently joined Monzo as a product marketer working on Flex.
We’ve been listening to your feedback, and (as you already worked out a while ago!) we’re looking at starting to taking the first instalment later. So last week we launched a test with a small number of people who have Flex.
Before we can roll it out to everyone, though, we need to make sure it works as intended… hence the test.
Of course, as with all of these things, there is a chance that this feature never makes it to all of our Flex customers if we can’t quite make it work – but we’re hopeful it will.
We finished rolling out the test at the end of last week. We’ll be testing for a few weeks to make sure everything runs smoothly. And if we can roll it out to everyone, we’ll let you know 
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Yep, it works all new flexed purchases, whether virtual card or debit card transactions flexed later 
But I’m afraid we can’t invite anyone else to the test this time
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I’m not quite sure I invest l understand the copy in @rickyzalman’s email.
Is it only if you flex within 14 days of your payment date that it’s delayed? What if it’s before 14 days? Is that taken instantly as normal?
These changes are nice. But is the choice of plan also delayed for virtual card transactions? Or does one still have to pick a plan within less than 48h window?
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So that I understand this, if my payment date was on say 5th September, and I were to flex a payment of £99 today (assume pay in 3 instalments) would the first payment then be taken on the 5th Sep rather than today?
Sorry - just got flex today so wanted to clarify
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Thanks - if the transaction is more than 15 days before the payment date - what happens then?
They don’t have to charge interest on the first 14 days. With debit transactions there is full payment taken and no interest for 14 days, then one can switch to interest bearing instalments.
With flex virtual card one has under 48h before one switches to interest bearing instalments.
Other providers do delay both the payment plan choice and interest bearing until later.
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