Pay off extra to most recent installment

[Gracewalton96 (Grace)]

At the moment, you can only pay off extra on flex to the last installment. Can this please be changed to the most recent installement

[Revels]

You mean you want to pay off an extra amount (that isn’t the total) but it’s taken from the next installment?

Put that bit in a pot, then set Flex to pay from the pot. Done!

[davidwalton (Award Winning Hot Coral Analyst)]

Hi @Gracewalton96 & welcome

Some people can in fact pay off the next Flex installment (not the last one) - it seems to be a feature being tested. I found I could pay off the ‘next’ installment whereas other users couldn’t. Read more about it here:

Introducing Monzo Flex – a better way to pay later

that’s if you tap on ‘Pay off extra’ in the list of selections in the ‘Manage’ tab of the Flex card. In my case it shows the total of all outstanding Flex payments rolled into one (£66) from which to pay a chosen amount off. Straightforward so far. But if you go into the ‘Manage’ tab of the Flex card and instead tap on ‘Next Flex payment… £xx.xx’, you get the chance to pay off a fixed amount that doesn’t indicate it will come off the last payment. It shows an amount which equals the n…

(There is a possible solution by emailing Monzo shown in a post a few down from mine in the thread above)

[projectfortytwo (Chris)]

I think this is still in testing as someone else mentioned, but I get this option. Seems really sensible, so hopefully it’ll roll out soon.

[Gracewalton96 (Grace)]

Ah yeah I do that but ya know just would be easier to pay at the time if you wanted to!

[Gracewalton96 (Grace)]

Good it’s being tested!

[Gracewalton96 (Grace)]

Amazing thank you!