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

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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If you are paid, say the last week day of this month, you should see it in your feed the day before and after 4pm the day before you can claim it early.

If you were paid on a Monday this would mean you could get access to the money on a Friday at 4pm.

You just tap the incoming payment in your feed and claim the money.

Also just to add, while it’s automatically enabled on every current account you do have to manually press the “Get paid early” button once it’s available.

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As above, it has to be a BACS payment type to qualify for Get Paid Early.

If it is a regular payment you are expecting, scroll back to the last transaction you received (end of last month for example) and tap on it to open the details:

  • If there is a ‘Your history with [company/individual]’ section at the bottom, the payment type is a Faster Payment and you won’t get any advanced notification this is going to be paid - and you can’t claim it early
  • If there isn’t a ‘Your history with [company/individual]’ section at the bottom, the payment type is a BACS payment and you will receive advanced notification this is going to be paid - a greyed out entry in the transaction feed - and you can manually claim it from 4pm on the working day before the payment is due to be paid
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Hello I my payment Tuesday 28th May 2024 with there being a bank holiday Monday the 27th and me being able to claim my money with Monzo 4pm on the Monday will my money go in the Friday instead with Monzo please.

Thanks

If you search you’ll find someone asking exactly the same question this morning.

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Yes - if you are paid via BACS. You’ll see the upcoming transaction in the feed on Friday and then you’ll be able to manually claim it early after 4pm on Friday.

If you don’t see the upcoming transaction in the feed on Friday, you’re being paid via Faster Payments and it’ll arrive when it arrives without notification.

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Aw you forgot about the “see you in 6 months” bit.

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