Monzo for Android - Release Notes (v1.27.0)


(Richard Cook) #1

Hey everyone!

Here are the release notes for the Android app that’s rolling out now!


Okay, so…

Two bits of news for you this time:

We’ve added two new spending categories! A warm welcome to ‘Family’ and ‘Personal care’. Also, we’ve renamed ‘Cash’ to ‘Finances’, because it can cover much more than the dollar in your pocket.

We’ve also been busy redesigning transaction help, so it should be easier to use and more useful. Keep an eye out for more transaction help tweaks next time, too.


Enjoy!

Please share your feedback below :heart:


Community Roundup - 11/5/18
Monzo for Android - Release Notes (v1.26.0)
#2

TL;DR – ‘Family’ should be renamed ‘Household’. ‘Gift’ category should be introduced. Everything that would go in ‘Family’ could fit in either ‘Household’ or ‘Gift’ along with many other transactions. Other two changes to categories are good.

A few thoughts on the new categories:

’Personal care’

– Great new category. Fills an obvious gap in the previous categories. I haven’t seen anyone have an issue with this one.

’Cash’ to 'Finances’

– I think this is a good change. Having a category for things like transfers to other bank accounts, ISAs, paying off credit cards etc… was sorely needed.

– ‘Cash’ category wasn’t particularly useful in my opinion, since you could just categorise any ATM withdrawals with the category of the thing you spend the cash on. making the ‘cash’ category pretty useless to me.

– Has the added benefit of discouraging cash withdrawals which cost Monzo money.

’Family’

– I imagine the idea was for the category to be used for stuff like mortgage/rent payments, pets, stuff for kids like clothes etc…

– I don’t think this is a very good category. It’s not particularly useful for younger or older people without a you + partner + kids living at home relationship.

– Renaming the category as ‘Household’ would solve this problem.
— Mortgage/rent payments, pets etc… could go in ‘Household’
— Stuff for kids would be divided up into other categories

– Only thing I can think of that would go in ‘Family’, but not ‘Household’ are gifts for family members. This could be solved by having a ‘Gift’ category, which would also include charity donations.


#3

Household to me implies toilet roll and cleaning products.


#4

I guess those could also go in there.

Maybe, Household isn’t this best name. My main point is I don’t see what a Family category adds.


#5

Invaluable to me. I want to keep school uniforms, pocket money, Christmas and birthday pressies, trips etc away from other categories as it helps me to see why my budget is so far off some weeks. Over the year it would be 2nd biggest category after groceries in my non fixed expenses

Could be used for gifts to family members etc as well


#6

These would probs fit better in the Gift/Charity category that loads of people want.

Wouldn’t trips go under Holiday? Especially when Monzo get around to letting us mark stuff as Holiday and categorise it as something else at the same time (eg: transport).

This could go under Shopping.

Didn’t think of that one, but I guess it could go in the Gift/Charity category.


#7

School trips aren’t holidays :wink:

Yes I could put most under something else but then I’d have to figure out where I put them and add them or tag each one. Having 1 category means I can just see what I’ve spent rather then just faffing.

I know it’s no use to you, there’s a few existing categories that I don’t use. But it’s been requested a lot and I’m really glad it’s there and separate from rent, rates and home insurance


#8

Good point

Fair enough. I still think it could be replaced by something better, and there definitely needs to be a Gift category, but I take your point.


(Nick) #9

I don’t have this update for my app yet? Anybody know why?


(Richard Cook) #10

Our app rolls out to users gradually. It’s at 50% at the moment, so I’m sure it’ll be with you soon.


(Richard Cook) #11

Exciting times, v2 is rolling out now!

Give us your feedback.


(Richard Cook) #12