I’d like the ability for payment links to automatically send the money to a specified pot. For example I’m collecting money for a leaving gift for a work colleague and I want all donations to go into a “Present for Barry” pot to keep it separate from my personal money.
If you search this has been covered multiple times.
Pots aren’t accounts so this can’t/won’t happen.
I’m not sure the former implies the latter.
It does with Monzo!
A huge rework and it might happen, but I find that incredibly unlikely.
People get confused with manually transferring money between pots and the feeds information as it is now.
Can you imagine what monstrosities would happen with convoluted rules people would create and possible infinite loops. Then trying to pick those apart to see what happened and where their money has landed
This is why I agree with @Revels. It’s not just a case of creating a simple rule system or even a direct deposit. It would need all sorts of case scenarios mapping out and a host of limitations put in place.
That’s just one piece of the puzzle though. Everything about the pot transfer process would also need re-thinking and improving. Things like grouping of similar feed items, more informative feed notifications and all the other elements it touches.
I was literally just thinking of adding the ability to set a pot as the destination here. It could then just be another variable in the URL generated.
Is Barry getting a hoodie as a ?:
It wouldn’t be that hard. Just keep it fairly simple as has been suggested where you set the pot you want it to go into when creating the link and that forms part of the url. A simple catch all for if the pot has been archived or renamed (if pots don’t have some sort of underlying id) or some other issue is that it just defaults back to paying into the main account.
Holy thread revival. 4 years!
If it was so simple it would be here by now
Strong disagree. There’s a whole bunch of simple stuff that Monzo chooses not to implement.
Because that’s ultimately what leadership is: choosing how to allocate your limited resources.
I’d quite like to see Monzo take six months, tidy up a lot of the basics and add a lot of gloss. But when the opportunity cost is European expansion, regulatory obligations or the US then I can understand why they don’t.
(I’d still like this though).
Agreed
Just to share that the kids accounts (which are very similar to separate pots connected to my personal Monzo) account do provide the ability for payment links that can be shared for payment directly to that child account. I have two and they work super well for grandparents sending pocket money etc. to them and it does go straight into their account without any entries on my own personal account.
Now of course, under 16s accounts aren’t exactly the same as existing pots but I wouldn’t say it was impossible (but how much demand is there for this versus what I can imagine was quite considerable demand for other people being able to add money to a child’s account).