Monzo Monthly Update: April

That date range won’t necessarily work for me with targets as you show on an incoming payment and I hope you don’t expect that to be from the same company each time as I get paid “last working day of the month” and my employer changes it’s name every time it pays me as per screenshot…unless you are planning to deal with that scenario :eyes:

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Great Job Guys :star_struck: I am pleased. Looking forward to the “surprises” :apple: Pay :star_struck: maybe :heart_eyes: #happycamper

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That is such a random thing to do… do you know why they change the name your paid by each time?

Ditto. 25th of the month, or last working day before that date.

Are you on Android 6 or greater? I believe Android only introduced the unified fingerprint API after this, so earlier versions (including mine) ca not be supported without custom work.

Yes - I raised that a couple of weeks ago. The Coin Jar amount is based on the card authorisation amount, not the final settlement. My purchase happen to authorise at an exact number of GBP, so the Coin Jar got nothing!

Not a clue! I’m sure they have there reasons but I don’t know anybody in finance to ask…I assume the name is probably generated by whatever accounting package we use.

They are not the first company to do this that I’ve worked for though. I used to work for a small company that outsourced their employee payments and they did the same thing and that was just a file name generated by sage that was sent to the outsourced pay company and that file name was used

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The receipt should have a date on it?

fruity bankcard cries?

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Duh :tipping_hand_man:t3::smirk:

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Don’t give me logical answers :smirk::joy:

But if I happened to have several transactions etc.

I’m just saying it would be a small hurdle as opposed to a massive blocker :slight_smile:

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Agree that seeing the actual transaction amount is more important to me that the rounded figure.

I still track my spending across all accounts. I’d love to see a daily total of ‘transferred to coin jar’

Too much in the feed at the moment, and cannot search by day (unless I’m missing something) but would be nice to see a total transferred each day. Ideally as a separate feed for the pot.

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Yes - I can see why, if you had several transactions for similar amounts at the same merchant in one day, it might take an extra thirty seconds… ;-p

Agreed, I like the touch of having badges on top of the merchant logo since it looks clean but I would personally prefer seeing the original transaction amount and possibly a greyed out value below it (like foreign transaction amounts). But I guess the design team has already considered this option and did not like it?

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In regards to the setting up of a payday, first of all it’s a great idea and will really help organise my budgeting ( if the spending tab corresponds to the pay day setting, ie March Pay day to April’s Payday spending), but as read above, many people have varied pay days, like mine is the last WORKING Friday of every month, and I think the key word a lot of us are using is ‘Working’ because if the Last Friday, say Fri 30th March was a bank holiday, I got paid on the Thurs 29th. Get what I mean?
I love the updates though and I’m sure this will be something you will be able to implement once the payday setting in complete! :hugs: :money_mouth_face::pound:

Great update, Monzo.

If anyone from Monzo is reading this, I think these updates could be better presented in visual form. Maybe a video?

Interestingly, do you have any figures for the amount of people that read your monthly updates?

I quite like text. Easier to read on the go or quickly between other stuff. But others will have different preferences!

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I disagree. Video takes longer to consume - you pretty much have to watch the whole thing and can’t skim through for the bits interesting or relevant to you like you can with a text article. Video also takes longer to create, and then a text version has to be (or should be, I suppose) created on top of this so that the video is subtitled and accessible to the disabled. And once a text version exists at this point, it can be published as a text read anyway with a few minor edits, and I suspect most people would then choose to read that instead of watching the video.

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Were definitely looking at the fact pay days alter slightly. I was excited to see what were testing for it right now, if it works as it should, I believe it’s a pretty good solution.

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I believe this is certain android versions (for security reasons), but should be in your settings as below. :blush:

Love the coin jar round up, I assume statements will show the real values and transfers (like our current spending screen).

I love the look of the new spending tab, really excited for this.

Hope that helps

Screenshot_20180406-122202__01