Did you see this from Dan?
Do other banks have limit-free no-fee payment processing that will let you get £2 from everyone frequently?
Did you see this from Dan?
Do other banks have limit-free no-fee payment processing that will let you get £2 from everyone frequently?
So eventually I get a response from a “specialist” who says my use of monzo.me has been temporarily suspended and would be resumed within a few days (which could be up to a week)… No further explanation was provided even though I asked for details… hmmm… Doesn’t bring a lot of confidence that , so I will see what happens…
Doesn’t it cost Monzo for every monzo.me transaction? I would imagine they would be happy to swallow the cost for infrequent use, but if you’re having 25-30 per week that could mount up.
Perhaps you could persuade the people involved to just do a bank transfer instead?
Why offer a facility if everyone is saying oooh that costs monzo… If that is the case then it should be withdrawn… Drives me nuts…
Is everyone saying that?
If that was the case they would have just told you they were withdrawing it from you for good
Withdrawal of feature… Incoming
Perhaps they should withdraw the feature from those that abuse it.
I think it’s more likely they are investigating if this is a personal account or account for a club
A good idea but then they need to actually specify what abuse is. To some abuse may be more than once a month, to others it might be more than 50 transactions a day. Without that clarity there can be no abuse.
This reminds me of the overseas cash withdrawals. There will be a tipping point when Monzo will have to implement a rule about number of transactions per time period, or minimum amounts, or something, to avoid burning money to support the feature.
So time to bye to Monzo… I’m not putting up with bad service, and hello Starling…
Do starling have a Monzo.me equivalent?
Join and you can find out…
Yes and it has 0 limits and you can even do up to £99,999 at once.
Until Starling realise they are using a personal account for business too
Well I don’t need it so no point me joining
Ah ok. Sounds a lot better than the friends standing next to you thing they had
Enjoy your new bank