New user - so far disappointed (UK)

UK Help
29

This is exactly me. I get frustrated with myself

2 Likes
30

I think sometimes it becomes even more to sort and manage, when it should be helping itā€™s actually hindering.

Some of the ways people manage their money that you see on here absolutely blows my mind, but youā€™ve got to do what works for you.

9 Likes
32

Culling the cards is the next step once I move.

Should probably also close all, or at least remove all accounts from my phone except two (monzo for folks who pay me and a main account).

2 Likes
33

Is their a self exclusion service like there is for gambling for credit products?

I believe you can add friction using a cifas marker but if you could exclude yourself for 3-x months without it being seen as a negative for credit score (as you are taking control) I think it would be useful especially for those addicted to the Klarna checkout sort of system.

I am not saying you are a credit fiend, just a question for general folks out there as your post made me think about others with serious impulse control.

1 Like
34

I get this a lot with banks. I like something from one bank and really want to try it, but then the grass is often greener and/or I get bored quickly.

As I used YNAB Iā€™m definitely not a pots person, but I do think being on these forums makes you want to move banks more than normal.

Then I sometimes just think I should stick with one bank, same as my other half, build up a relationship with them, joint account, credit cards etc leading to a mortgage and just beā€¦ well, a grown up (feeling).

4 Likes
36

I wish there was a bank I liked that had everything: current account, joint accounts, savings, credit card, mortgages. With a nice app. And preferably instant notifications. And no fees overseas (I still do not understand why banks continue to charge them).

My other half is with HSBC, and he likes them. Unfortunately try as I might they only offer me a basic account with no real reasoning and even my local branch manager canā€™t figure it out.

2 Likes
39

I think I know.

1 Like
42

I could apply friction but Iā€™d quite simply get around it by attending the appointments/calls and sorting it out etc.

Itā€™s possible Iā€™d still be using Monzo if I hadnā€™t lost my white metal card (then someone posting it to me :expressionless: with my licence).

I canā€™t deal with the coral :sweat_smile:

Definitely some FOMO going on for myself with the options available.

I try this but I fail. Most if not all my friends have always had the same bank account, possibly adding monzo to keep up with the trend.

This 100%!

I may give Chase a whirl, it does essentially have everything Iā€™d need - sub accounts, notifications, upcoming notifications, no lending (for now) which I think might help.

From account opening 3 years ago Iā€™ve not used it much at all. It even has great merchant data and non caps across the app :sweat_smile:

Just not sure why I canā€™t bond with it, maybe due to not trying hard enough - but I donā€™t feel I should need to force myself.

Itā€™s possibly layout of the app.

2 Likes
43

What is it that works for you/you want the bank/s to do?

44

Well thatā€™s the big question isnā€™t it. My mind wonā€™t settle on what it wants and thatā€™s the problem.

Starling + Monzo bill split functionality would tick near every box (for todayā€™s thoughts).

46

Possibly.

But then you get first direct which from a design view is great, but as others mention, the Home Screen account balance vs available balance issue doesnā€™t work for me.

And then tasks like checking direct debits, editing payees or setting standing orders etc isnā€™t as direct as it should be.

Iā€™d have to check, but to set a standing order i think it has to be to a new payee, so I had duplicate payees in the list for the same bank.

Theyā€™ve some way to go but theyā€™re getting there.

2 Likes
48

I know :worried:

50

I tend to use revolut card out and about but not for salary and bills as I think itā€™s barrier for credit options as turnover isnā€™t reported anywhere unlike high street banks.

RBS - salary
HSBC - some bills as I was curious of balance after bills - just canā€™t get on with the notifications format (not important to most but itā€™s bugs me)
Revolut - out and about spending

Usually physical card lately.

3 Likes
54

Get them to sign up from a referral and theyā€™ll get that sweet, sweet free money.

1 Like
57

Revolut doesnā€™t hard check.

1 Like
59

Oh heā€™s mastered it.

6 Likes
66

2 your Wrong you can only transfer money out of Monzo via your personal acct

67

Nope.

1 Like