I think what could work best here is kind of adding the existing bill split functionality ( for an individual transaction into the tab logic e.g multiple bill splits of individual transactions which are then totaled up for each person in the tab if that makes sense
So:
Transaction 1: £10 total- £6to me, £1 to john, £3 to sam
Transaction 2: £20 total - £10 to me, £5 to john, £5 to sam
It seems like the “Leave Tab” option triggered a crash but successfully removed me from the tab, so since reopening the app I now see the “Create a Shared Tab” option on the Request screen.
I like the idea but it isn’t something I see myself using for the following reasons:
I mainly split things with my partner and for that we have a joint account.
I only tend to split 1 transaction. EG a lunch with colleagues. So for that I use split bills where you can set the amount each person owes manually.
If I was out splitting drinks for example. Instead of messing around with an app I’d just go with the traditional method of saying “It’s your round now” and working it that way.
Not saying that it is a bad idea but for me one that I don’t see a need for
Great idea - I’ve set it up, but haven’t used it yet - will do some testing in the next few days.
Something Google Pay have started doing is presenting your American Express transactions. So, if your Amex card is linked to Google Pay, you’re notified of the transaction each time it’s used. What will be great is if Monzo also did this, and I could track my Amex transactions within Monzo, and use the Shared Tabs feature when required. I can’t think of any competitive reasons Monzo would do this (Monzo is a bank, Amex is a credit card) - happy to be proven wrong though!
Again, Shared Tabs is a great idea - I’m looking forward to using it!
If nothing else, it’s interesting to see how other people would use it.
Like you, I have no reason to “split” anything (being a married man with a joint account) - But I could certainly see myself trying to convince some Uni friends to sign up to Monzo for this (back in the day).
I thought of a scenario for this from a recent event.
I went Go Karting with some friends. When I booked I paid for the full event however some people had a voucher, One of the other people paid for drinks while we were there.
If it’s a group holiday for example. The ability to add payments of different amounts, and to split between different number of people are essential features!
Does anyone know how this would work with foreign currency transactions? Would the Tab update once the transaction had settled, or would it be best to add the transaction to the Tab once the transaction has settled?
I’m off to Eastern Europe with a Monzo account holder friend in a couple of weeks so this could be really useful
Maybe someone who has tried this already how does this work when person x makes a transaction and person y makes the other? Does monzo do the math automatically and tells who owes who what?
Person X would add their transaction to the tab and person Y would add theirs. All the tab does is add up all the transactions that are added and divides them equally between everyone in there.
When the amount on the transaction updates (e.g. Pay at Pump, or foreign payments), the payment will be updated in the Tab too, as long as it’s still open