Move leftover money to savings pot at the start of each month

Something I always do at the beginning of each month is move the leftover money in my current account into my savings account. I would love for a way to do this automatically.

The way I do this is by picking an amount I want to keep in my account (e.g. £2000) and then everything else I put into my savings account. I do this every payday (specific day of the month), kind of like a big payday roundup.

Any chance this could be a feature?

Not sure Monzo would want to help automate you moving your money away from them but it has been suggested that left over money be moved to a pot. This could also be a savings pot similar to your 3rd party account.

They’ve named it Salary Sweep up and you can vote for it here :slight_smile:

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I actually meant savings pot instead of savings account; just like you do with a roundup, not sent to a new 3rd party account. That salary sweep up sounds exactly what I’m after.

Ahh cool, apologies for the misunderstanding but glad we got there either way :smiley:

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Do you not have this feature on your monthly spending report? Think it’s left over from the budget you set and it might just be a test with a small amount of users but I’ve had it for 2 months

You only get that if you setup a budget though (but let’s not open THAT can of worms!) :smiley:

This doesnt work for me. Is it still being tested with a small group of users? I’m on iOS

I was told it was rolled out to everyone :woman_shrugging:

Should be an option at the bottom of your monthly summary in your feed. I had it but it hasn’t been there for a few months. Keeping an eye to see if it’s there this payday

Nope, nothing for me. I finished month with money and there was only the option to adjust the budgets. Strange.

This comes up for me each month, but I don’t use it because it uses my budget rather than my balance which aren’t the same due to round ups.

It would be great if the total minus your salary could automatically go into a pot once your salary was paid in.

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