Money left over broken? [It's not broken, it's an estimate]

Help
1

I just set up my account, deposited just over £400, and now it says I’m set to have £272 left over??

I have no scheduled bills or anything, are they just gonna rob me?

3

:man_facepalming:t2::man_facepalming:t2:

4

I haven’t spent anything.

5

It’s just a prediction and probably needs more data

What have you set your budget period up as?

6

It’s called a tax. It’s how banks make money.

1 Like
7

I bet you have made a purchase for around £14 yesterday out of the £400 odd you deposited yesterday (?) , and you have 9 days left in the month, so Monzo assumes the £14 a day you spend is what you will spend each day in the remaining 9 days of the month, so you will end up with roughly £272 (estimated) at the end of the month if you carry on spending as your previous history suggests ie 1 day at £14 total for the day :slight_smile:

  • The big black figure on your main feed is what you actually have in your account
1 Like
8

Have you subscribed to Premium?

9

Always assume the worst I guess :man_shrugging:

1 Like
10

It is more logical to assume the bank are stealing your money than literally every other possible option

9 Likes
11

Oh this is funny. I had to laugh reading this…:man_facepalming: