Monzo Premium: Six Months In Poll

Monzo Chat
1

So Monzo Premium has nearly been out for six months (thanks to @Nicbrown for reminding me!)

In the spirit of the Monzo Plus polls (and the Monzo Premium Flash Poll), I thought it’d be useful to see what folks’ intent is regarding Monzo Premium!

Have you subscribed to a paid Monzo account?
(If you did then cancelled, say yes)

  • Yes to Plus
  • Yes to Premium
  • Yes I’ve tried both
  • No

0 voters

If you didn’t, why not?

  • Too expensive
  • No, or not enough, features of interest
  • Disagree with paywalling features
  • I haven’t yet but I plan to
  • No joint account support
  • I don’t have a Monzo account / Monzo’s not my main account
  • Something else (tell us below)

0 voters

If you did, will you stick with it?

  • Yes - it’s fine as it is
  • Yes - if I get new features
  • I’m going to downgrade / have already downgraded from Premium to Plus
  • I’m going to upgrade / have already upgraded from Plus to Premium
  • No - I plan to cancel (I’m on Premium)
  • No - I plan to cancel (I’m on Plus)
  • No - I’ve already cancelled
  • Unsure

0 voters

Top 3 Monzo Plus / Premium features?

  • Other accounts, in Monzo
  • Interest on balance and regular pots
  • Custom categories
  • Holographic card
  • Metal card
  • Virtual Cards
  • Advanced Roundups
  • Credit Tracker
  • Offers
  • Auto-export transactions
  • Free cash deposit(s) per month
  • Fee-free withdrawals abroad
  • Phone insurance
  • Travel insurance
  • Discounted airport lounge access

0 voters

Which Plus/Premium features have you used?

  • Other accounts, in Monzo
  • Interest on balance and regular pots
  • Custom categories
  • Holographic card
  • Metal card
  • Virtual Cards
  • Advanced Roundups
  • Credit Tracker
  • Offers
  • Auto-export transactions
  • Free cash deposit(s) per month
  • Fee-free withdrawals abroad
  • Travel insurance
  • Phone insurance
  • Discounted airport lounge access

0 voters

What do you want next?

  • Nothing, it’s fine as it is
  • Rename virtual cards
  • An offset pot (money in a pot/s is used to offset overdraft fees)
  • Get paid early automatic for Plus customers (it just lands in your account 4pm the day before)
  • Freeze virtual cards
  • Transfer money to a credit card pot when money’s been spent on that card
  • An additional mega-feed, showing Monzo and all linked account transactions together
  • Advanced roundups that actually roundup
  • Categories, notes and the Monzo experience for connected accounts
  • Budgeting across connected accounts
  • Connect more current accounts (vote over here)
  • Connect more credit cards (vote over here)
  • Connect mortgages (vote over here)
  • Connect investment accounts (vote over here)
  • Manually add external account balances
  • Search connected account transactions
  • Export connected accounts to Google Sheets
  • Use virtual cards to pay from Pots
  • Add virtual card to Google/Apple Pay
  • New app icon(s)
  • More card colour options
  • Priority support
  • Change Monzo.Me username
  • All 3 credit agency scores in app
  • Change date of Monzo Plus subscription
  • Pay Monzo Plus from pot
  • Native IFTTT
  • More IFTTT triggers / actions
  • Nested categories
  • Envelope budgeting (like YNAB)
  • Bring to joint accounts
  • Google Sheets templates (for dashboards, data visualisation, interrogation etc)
  • Delete / reorder custom categories
  • Bulk change categories
  • “A Year In Monzo” style analysis in the app (visualise / interrogate past spend / better in-app analytics of spending / categories / merchants etc)
  • Create receipts in Monzo (through OCR or manual entry) - and assign a category per line
  • A ‘secrets store’ - somewhere to keep sensitive banking info (like CVVs).
  • More colours for custom categories
  • Delete / hide standard categories
  • Future-proof the Google Sheets export - more information (e.g. payment method of Google Pay vs card) and columns for future use
  • Net worth in the app
  • Zero-based budgeting (like YNAB?)
  • Something else (tell us what below!)

0 voters

Happy polling!

3 Likes
2

I thought I’d create a new topic for people to discuss reasons why they may or may not be cancelling Monzo Premium after the minimum term ends at the end of March for those who signed up in the first few days.

I’m undecided at the moment - it’s not that I’m disappointed in the features it provides, but that I don’t feel like I need them and Plus would suffice.

I’m interested to hear everyone else’s thoughts!

3

If you don’t mind me asking - why sign up in the first place then?

4

Thought I’d give it a try, see if it was worthwhile for me instead of standalone packages for insurance.

I thought I’d be travelling much more this year but that’s not going to be happening now so the lounge discounts and insurance aren’t as good a deal any more when all I’m using is the features of Plus.

Don’t even use my card these days so there’s no point paying to flex a metal card either :rofl:

1 Like
5

Makes sense. Everyone’s in the same boat though so I imagine most people will have similar reasoning if they do decide to cancel - probably didn’t need a new thread for it as it’s been discussed at length on the other Plus/Premium threads.

1 Like
6

So I accidentally said no to the first question, because I don’t know how to read properly. That is all. :man_facepalming:

1 Like
7

Interesting to see virtual cards as the top Plus/Premium feature. I have a free Revolut account and can generate something like 5 virtual cards per month. Worth bearing in mind if you were considering upgrading to Plus or Premium just for this.

2 Likes
8

You can change your response. Just tap show vote under the poll

3 Likes
9

‘Bring to joint accounts’ only had one tick box, so

Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
Bring to joint accounts
…
…
.

14 Likes
10

Great idea to sort a poll out, thanks!

2 Likes
11

Repeated ten times, so I’m guessing you want five joint accounts?

12

Ha, I’ll take a single for now - mine :+1:

I was thinking more for SEO purposes when :monzo: peeps search for feature requests. Which gives me a sinister idea… :thinking:

1 Like
13

Another poll and still it’s really Google Export that keeps me paying the £5 a month, and I think that’s worth it for me. I am the most on top of my finances that I’ve ever been. It’s been my hard work to build a dashboard and then rebuild it for what I actually need, but now I know what is going on with my money in very good detail.

Could I cope without it? Probably. Now that I know I’m set up but I like better controls of my budget, I like the categories, I like the comparisons to last month.

Previously I said that if I wanted to cut down on my spending that even though it’s just £5, Plus would go first. I’m not sure that’s the case anymore. But it’s not because Monzo have improved or done anything special which is a bit of a shame.

Voted for Joint Accounts too. Partly for David but partly because I’ll need/want one this year I expect.

6 Likes
14

@Peter_G pops back to the forum later to find “give me a Premium joint account” everywhere he looks

1 Like
15

Bring Monzo Premium to Joint accounts :pray:

5 Likes
16

I’m not quite sure what you’re asking for. Could you be a bit clearer at all?

2 Likes
17

Sinister master plan upended by forum platform safeguards :angry:

Screenshot_20210219-085622
Screenshot_20210219-0856221080×2340 103 KB

6 Likes
18

TIL! thank you!

1 Like
19

But the Poll is on Premium, at £15pm :man_shrugging:

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mp