Howdy fellow Monzonauts,
I want to have my salary paid into monzo rather than my current nationwide flexplus account - just thought I’d put it out there to see if there are any obvious reasons not to?
Worth noting I intend to keep the flexplus account (I’ve had it for 20+ years which reflects well on my credit score and I’m applying for a mortgage in next few months so don’t want to rock the boat. Plus it gives me the phone/travel insurance.)
I know some accounts require a certain amount is deposited each month e.g £1000 but can’t seem to see if this applies to Flexplus annoyingly.
If so a workaround may be. 1. Salary into Monzo -> 2. repeat payment of £1000 into Nationwide -> 3. repeat payment £1000 back into Monzo. Seems a bit convoluted admittedly!
Any thoughts would be appreciated!