It’d be nice if by supplying one or more previous bank statements from another bank Monzo could analyze the data and determine you current spending habits and set the spending targets accordingly. Maybe this is something that could be done by a thirdparty with the API though.
Onboard spending targets
Naji
(Naji Esiri)
#2
Interesting idea…I imagine this would be super helpful for customers who are brand new to Monzo and want to sign up for a current account. Could help kickstart their budgeting plan instead of waiting a whole month for a valuable overview of spending data.