If your paid weekly and Monzo see that’s for the last year? If your paid monthly and Monzo see that for the last year? The same company bacs into your account weekly monthly or so on you equals data equals data behaviour
Yes they can see frequency of incoming vs outgoing transfers.
I’m in agreement that as a bank loaning the money they have more insight into your money than a third party.
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And regardless of credit score if your transferring 1000 from your slush fund or getting 1000 from your employer paid into your Monzo your behaviour plus data theirs value
As a case in point I only have £2k coming into Monzo each month, that ends at close to 0 and then next pay day it’s back to £2k as I transfer another load after payday which goes into NatWest.
So to Monzo it might look like I’m shit with money, whilst that for is simply monthly spending, nothing to do with bills or salary or savings, just for things I want to buy.
Which is probably why they have used that to give me a low amount and a ridiculous wonga style APR.
For me it’s totally pointless as I know I can get £25k from NatWest or even Zopa at a sensible APR if I really needed it.
Could be worse… another full time Monzo topic commentator could point you int the direction of another fintech company which has your best interests at heart while trying to make a profit
All businesses want to make profit even Monzo. Whilst they can act to be your best buddy it’s all about 
in the end.
Anyway hope I’ve helped in someway.
Input! high topic! frequency! and views and posts! make and add changes from the bottom before the top
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The trouble with maintaining a £40 at Monzo is that with the current 50p daily overdraft fee, you’ll be paying an APR of 456% (since borrowing £40 for a whole year would cost you £182.50).
If I were a credit rating agency and I saw you paying that, I’d probably lower your credit rating!
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