I couldn’t find an answer so I’m curious if anyone else knows?
If I do my day-to-day on the Monzo Flex card, and set it to Pay the full balance at the beginning of each month - I may as well keep cash in the savings account and keep my debit card on a balance of 0. What then, happens on the 1st of the month when the Flex card tries to pay the balance in full, will it:
- Decline the payment and I’ll have 24 hours to do it myself or I get a missed payment.
- Take the account into an overdraft arranged/unarranged
- Take the funds from the savings pot (Even though I can’t see a way to set this)