I love the idea of auto pay feature from pots which was released a while back, but it’s completely useless to me. I have a joint account which all my regular bill direct debits come out of but for my personal pot the following list are what I would class dd’s…
These are payments that come out of my account literally every month without fail and right now I have to manually move money from my dd’s pot into my bank account and to me it makes no sense.
When I try to set up the pot to auto pay from the pot it says because it’s a card payment and you don’t know when it will charge me but surely Monzo can work out that every month on the 14th Spotify take £14.99 and it should come from the pot.
This is a classic example where the idea is on point, but the execution actually falls very short of the user needs. I might be a one off here, but I imagine a lot of people with Monzo accounts also have similar subscriptions to these services.
Until this is added, the process is super manual and I always miss one or two dd’s each month.