Ah, I wasn’t sure, thanks!
I always thought it had to be over £100? Or is that just the total amount, not the credit card amount?
Edit - Found some info:
https://www.moneysavingexpert.com/reclaim/section75-protect-your-purchases/
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Yes, the cost of the purchase must total over £100 (so it has be £100.01 or more) but you can pay any amount on credit to qualify for S75.
Hey - was on holiday last week 
We’ve done a bit of thinking but in all honesty, at this stage not much.
Beyond trends - Something that does get requested a fair bit is a “cost calculator” so you can see (for example) if I make a £100 purchase today what would that look like for my monthly payments over the next 3, 6 or 12 months?
I’m not a designer so this is totally me thinking out loud (no promises) but I’d like a bar chart which shows the next 12 months of Flex payments (+committed spending?) that you currently have then layers on top what that £100 purchase looks like if you pick 3, 6 or 12. eg. next months payment would be £20 without the £100 payment but would go to ~£53 if I pick 3, ~£37 if I pick 6 or ~£29 if I pick 12.
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Neat idea. I might have a go at adding a tool like this to my financial forecasting spreadsheets.
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Still no invite since joining the list on launch day 
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For instore purchases , I guess I am limited by the contact less limit of 100£ , right ?
Guessing virtual flex card with gpay is only way to pay in store , there is no physical flex card?
There’s no limit for google pay or Apple Pay. Unless the retailer has capped it, which is rare
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Waiting…. 
Does anyone know what happens when you spend with your virtual flex card and then move all the money out your personal account 
So the answer is … putting aside the aggressive debt collector teRmInOloGy. They can’t force the first instalment off you if you didn’t wanna pay it. Lol which means they can do it properly so the first payment is in a months time
Monzo do it properly anyway by paying in 3…
First payment time of purchase - 1 month
Second payment a month ahead - 2 months
Third payment a month after that - 3 months
I’m not sure what people are so baffled about the pay in 3.
If people want to pay nothing then head to the likes of Klarna who are unregulated in their activities 
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Proof Klarna is not regulated?
First payment is taken straight away at the point of the transaction.
So if you don’t have enough money for the first instalment, the entire transaction will decline and you’ll have no agreement or product.
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Their own website for one, not registered with the FCA is another.
The only place they are regulated as a bank is Sweden but that has zero impact on us, other than allow us the opportunity to run up unsecured debt.
You’re unable to apply for redress with Klarna through the ombudsman service, you’re not protected by any means by your purchase and similar goes to many of the BNPL products.
Monzo is covered by the FCA as a registered bank therefore must act with integrity and treat everyone fairly and customers eligible for redress should they need it, Monzo Flex is also covered by section 75 so should anything become an issue with the products purchased you’re covered by another level.
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I think it’s different if you use a flex card as you pick the payment plan later
I’m guessing if they can’t take the payment they cancel the flex agreement and you go into an unauthorised overdraft for the full amount
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I was curious how this would work, but that makes sense, thanks 
Ahh yeah I saw the flex card bit - my bad!
RIP your credit rating too.
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That was just a guess
But it’s how I’d do it
I recall it being explained above as, if you don’t choose an option it defaults to lowest paid option (12 months) and then would attempt to take first payment, and again in 7 days before impacting any credit file, and then collections activity from then possibly?
Ah, I was correct below: unauth overdraft. Ouch.
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