Monzo now lets you get paid a day early, for free

Thank you.

Is there a forum for Christmas payments?
I get my main pay 28th of December 2023 will I get that the Friday before due to holidays? Many thanks

The 27th December is not a bank holiday, so you’ll get your pay then.

I just looked that up, and on the official gov.uk page it only lists the 25th and 26th as bank holidays, but on my imported UK holidays calendar it also lists the 27th as a bank holiday… however I think that’s wrong.

It is wrong. Wednesday 27 December is a normal working day.

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Thank you. I saw on the Christmas Early payments for last year 28th was paid early so I just wanted to double check. Thank you again.

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Ive seen alot of news articles starting payment due on 27th will be paid 22nd and other’s stating payments due upto 26th will the paid 22nd there doesnt seem to be a definite answer… ive banked with monzo for arohnd 3 year’s now this will be my 3rd Christmas banking with them and my previous 2 have been credited 4pm the thur before xmas.

Im thinking this year will be the same? But i guess well just have to wait and see, having said that if DWP do issue the payment to be paid on the 27th then monzo offer it throigh pay early at 4pm on the 26th day before BUT thats a bank holiday and im sure this feature is for the previous working day that being Friday 22nd dec unless im totally mistaken. Maybe someone could correct me if this is the case :face_with_peeking_eye:

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My understanding of it is that, as the 27th is a normal working day, any payment due to be made on the 27th will be available on Monzo on the previous working day, which is the 22nd.

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Yeah i just wasnt too sure if the pay early feature was a standard day before so could be a sat or sun or a bank holiday or if it was the working day before :blush:

No it’s never on a Sat or Sun. If your payday is Monday, Monzo makes it available Friday 4pm.

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27th will be paid 22nd*

*usual rules apply

Not sure if this has been mentioned before but, as fun as the little animation with the wallet and the cash was at first, I am now finding it tedious to have to go through the drag and drop motion each month in order to get my money. Would be good if we could bypass this feature somehow and just have our money paid into our accounts early automatically.

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You can cheat a bit by tapping on the wallet instead of dragging the cash down.

Unfortunately there’s no sign of it going away. It’s a bad case of whimsy over usability I’m afraid.

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I’d prefer this. Revolut does this around 5pm automatically.

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As long as it was optional. Getting paid early breaks trends for me :neutral_face:

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You’ve always got the option to NOT get your money early, as would be the case with most banks.

And you’re only doing it once a month.

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I agree with everything you’ve said apart from this bit.

It’s all BACS transfers, so you can do it several times a month if you get multiple from the likes of cashback, tax credits, salary etc :slight_smile:

He said he does it every month. I’m assuming he gets paid monthly.

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Hi

What do I have to do to enable this Get paid early?
Seems you can’t ring about this.

Thanks.

You don’t have to do anything, but whoever pays you needs to do so via BACS.

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It’s automatic.

If your employer etc use the bacs system to make payments, you’ll see them at latest the working day before payment is due.

It’s nothing to be switched on, if a payment isn’t showing, they’re not paying by bacs.

Some employers and payslips might say bacs. But it’s not always the case, instead a faster payment.

There is also a limit of £5,000 on paid early, anything more isn’t eligible.

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