Happened to me in 2017. Passing under a bridge near a cannel and got threatened.
I complied with their demands and they stole my phone and wallet after the event.
All the funds got transferred out, My credit card was used to withdraw cash to its max ( I guess they used my ID to get the pin )
The people who did it to me got arrested and charged. The credit card withdrawals was set as fraudulent and removed from the account. The transfer was refused to be refunded by RBS multiple times due to it being an app transfer even though their were crime refence numbers and multiple people was found guilty. After 18 months of letters to the financial ombudsman I managed to get it refunded.
It was difficult to cancel them as it was 2am and had no phone to call the bank although it was done within the hour so I would of still been on hold.
Friends blamed me for walking in a area like that at such a late time in darkness. I guess theyāre right.
Well this is quite the thread. I think this is where the strategy of everything being a pot is starting to harm the perceived benefit a little.
I always saw Pots as things for different things. So you would have a pot for a new bike, holiday etc. And I initially considered them to be different to savings accounts. So when I came to Monzo I had pots for fun things, (bikes etc) and a connected savings pot for my savings.
So Iād expect to have one savings pot for touchable savings, one for long term etc as I did at my legacy bank along with the fun pots.
Hereās where I think itās got a little confusing. If Monzo had released this as a savings account, with itās own account number and sort code, I might have considered it as such and used it for that, and kept using pots for the little things.
I see what you mean, it would be nice to be an actual account rather than a pot, however this way still works perfectly fine for meā¦ as said previously, the interest is nice and Itās nice being in house rather than with another provider
Oh for sure! It is a great product and I have no issues with it. Great to see it happening. But, it might (or not) explain the slight dismay some users may have about there only being one
Can we have a reasoning behind the decision to only allow one pot? Seems like it might affect how much people bring over to yourselves. I understand not wanting to let everybody have 20 pots with a Ā£100,000 limit or whatever it was, but why not let that limit be shared across multiple?
It doesnāt matter too much for me right now as 1 is fine, just seems like the biggest issue in the thread thus far
Very happy with the new pot. Was busy moving money from Starling last night, forgot Starling password for transfer - some poor sod working the 2am shift had to suffer a video of me reciting a passcodeā¦ recorded in my bed. theres probably a law against that - oh well. Any chance of a similar pot in the Business Account?
Nice, really happy to see more stuff being brought in-house.
Slightly disappointed that youāre limited to one instance of a Monzo savings pot though. Iād like to have brought over all the third-party pots in one go.