Monzo Flex Calculator

Feedback & Ideas
1

What do you guys think of a calculator that lets you work out how much it would cost to flex a purchase before you buy it?

For instance, if a hotel costs £245 if i pay now and £278 if i pay when i get there. I would love to open up the monzo app and find out it would cost £269.94 to flex it over 12 months (£22.5 per month) and 258.23 if i pay over 6 months (£43.04 per month).

This would make me much more likly to use flex and save my self money in the long run.

6 Likes
2

Monzo know it’s wanted but no sign of it yet.

2 Likes
3

Yes please.

One of the few things Tymit got right was having a purchase calculator right in the app. Surprised Monzo didn’t see that and realise it was an idea worth nicking.

1 Like
4

Yes please. Trying to work out what my monthly payments / interest would be if I bought something and flexed it and this would be very handy.

5

I’ve just built this in google sheets. It’s not perfect, but it gives pretty close approximations.

6

Think it would be a good idea, so we can see payment plan before we are committed to the purchase.