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.
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
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.
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
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