Not sure if I am missing something but is there some way to see a breakdown of when you have added money and how much to a pot. Iāve started adding my āleftoversā each month to a pot but would like to be able to see what was added in Jan/Feb etc rather than just a total. Iām using Android if that makes any difference
Hey again everyone! Thanks for the feedback so far. Hereās some comments from us.
You might want to check out the work weāre doing on Redesigning Spending. Goals will fit more into that than Pots.
We definitely want to do this. There are some tricky edge cases to consider, but itās in our plans. So, watch this space
And this fits in withā¦
Or, as lots of you have requested, rules for Pots.
This is something weāre definitely interested in looking into. Whether thatās a very simple āif-this-then-thatā approach letting you set up custom rules, or more advanced options for setting up standing order arrangements, weāre exploring all approaches.
Rules for Pots is still under Medium Term on the Roadmap. And we feel thatās still accurate.
Likewise, Direct Debits coming out of Pots would be great. We think thereās huge potential there to help with your day-to-day budgeting. Weād want to do as much of this as smartly (or āmagicallyā) as possible, by identifying your recurring payments. So stay tuned.
FYI, we previously worked on this as an FCA Hackathon a while back:
Weāre not planning to increase the number of Pots you can have. Weād have to figure out a new solution to handle this in the UI.
But maybe you could let us know what youād like them for? Weād love to hear your particular use case.
Probably not. Hosting custom images opens up quite a few new complications. (Do we let you upload ANY image as a Pot?). If we were interested, weād rather increase the number of default options or integrate with some kind of library instead.
This isnāt a priority at the moment. But weāre open to the idea of sorting options (by value, most recently added, etc.)
Weāre thinking about it. But thereās nothing to announce.
One thing weāre thinking about is having control over the permissions for your Pots, and then sharing them with other people. Eg. you could have a Pot that other people only have āRead & Writeā access to, so they could see it and add money, but not withdraw it. Thereās a ton of possible use cases for these, so weāll see what we can come up withā¦
Agreed! Weāll try to fix that soon.
We think thatād be neat. Having to withdraw to your main balance to re-add to another Pot isnāt ideal.
We wouldnāt do this. Weād need to create new bank accounts for each Pot, which would mean a lot of work on your side. We want Pots to be easy to set up and start using right away.
Again, we donāt have immediate plans to add Interest. But locked Pots is something we could look into.
Weād love to hear more about this. Right now, the name of the Pot is meant to be how you keep it organised. What kind of notes would you be interested in adding?
Not right now. But rather than having some kind of feed for Pots, try using the Search in your main feed and looking up the Potās name. That should give you a list of all the money youāve added or taken out of a Pot.
I hope that gives you some idea of where weāre at with Pots. Thereās not much to announce just yet, but weāre excited about the possibilities for the future.
Right now, weāre still mainly focussed on the current account (things like CASS) and the Overdraft. Pots are still on our Roadmap though, and weāre got some very cool things coming very soon. So keep an eye outā¦
It does, although I will need to change its name since typing Bills shows all transactions categorised as Bills as well as pot transactions.
Anyone know an alternate shirt word for Bills?
I also have a Bills pot and just tried to rename it to āā. Seemingly we can rename it whatever we want but that doesnāt me itāll be searchable. Emojiās arenāt apparently.
Editā¦ Actually they should be as Iāve added emojis as notes to my transaction and searching with returns all my gift purchases.
No need to host the image, just let the user choose to display one held on their mobile device. With fallback the default hosted image if they delete the image off their mobile phone, or log in to their account from a different device that doesnāt have the image on it.
Granted, there might be other issues with this approach - but thereās no uploading and no hosting needed.
Or even hosted via a third party (e.g. Google Photos, Flickr, Facebook, etc) or just from any publicly accessible image URL. There wouldnāt even need to a size restriction imposed as the request would be handled by the userās device and Monzo doesnāt really need to know what image weāre using.
Sorry, I should have been clearer. Itās not the hosting so much as weād need to think about a few things. What if someone wanted to add a picture of something really graphic as their Pots image? Should we allow that, or do we have controls?
Either way, we hear you. And itās something weāll continue to think about.
Yes the points been made but I could theoretically put the most extreme image on the receipt part so logic would say either remove receipt images or allow pot images as it is a request quite a few of your customers would like. Iād imagine a fairly simple process too though I am not a developer. Iām sure it wouldnāt be a problem for the people who work on the app development.
Maybe just to please customers with small things whilst awaiting more important features such as CASS and addressing Joint Claim. Just so it feels like customer feedback is important.
When in reality the pictures for pots is a more important feature than say CASS as I love how Monzo works for me itād be nice for me to put some extra personality in it.
While I do agree with most of your comment, we have to look at it quite pragmatically. Iād like custom pot images but itās not the end if the world without them, whereas the CASS will make an enormous difference to the onboarding process for both new users and those still not upgraded.
Thatās ashame Itās something I would love to see, for Starling I have a few goals setup and you can use custom images and its nice to see what I am saving up for, for example, Iām going on a cruise at the end of the year, so I have a picture of the ship I am sailing on, Iām also saving for a Tesla Model 3 so have a picture of that particular car as my goal. Hopefully itās something Monzo will reconsider at a later date, more pictures are needed though as I struggle to find a suitable image to match my pot / goal and I think the plain coloured ones look a bit dull.
If youāre already hosting images with AWS then it should be fairly simple to integrate with the image recognition and moderation service. This would allow the possibilities us performing a tag based search for public images rather than being limited to the pre-defined Monzo selection.
I understand itās not a pressing issue but just thought Iād add my voice to the matter for when it does come up the list of priorities.
The idea of pots and some of the suggested features suggested will make it very useful. However, the design and interface for the pots screen is terrible! I would suggest a complete overhaul and really think about making the best of screen space.
Most users of pots will have more the one pot, to be able to see all of them without scrolling would be great pots.
what use is the picture really? If it was within the background and within it you saw the name, balance and have the actions of editing/add/withdraw (actions) then I get it but at the moment itās a really inconvenience pushing me away from pots
Consolidated view + targets. If pots is a short term saving towards a purchase, eg new phone or holiday. Then for the instant see a graphic against the targets will be great. Also with the data you have, in the example of buying a new phone, how great would it be to link the target to the phone purchase site to feed you price information
Maybe also have community pots ? Use case: if Iām doing a charity run and would like to raise money I would love to be able to send a link out to the pot where my sponsors could pay into.
Mostly some really great point there and Iād like to see them implemented as well.
However, Iām a little on the fence with this one as I like the idea of display the pot information overlaid onto the image but it might get in the way of the motivational feeling if the pot is for a savings goal. I think Squirrel has implemented it fairly well and as they say
Itās easy to create personalised savings pots for all the things you might want to save for. You can add your own names and pictures to savings and set goals and track progress - proven ways of staying motivated about your saving
Thought it would be much more convenient to be able to re-order and drag around the pots after already making them. This will make it easier to put relevant pots next to each other etc.
I believe this will make the user experience much more pleasant and will be of great service to us!
Hey Jin welcome to the community & thanks for sharing your idea!
Weāve created a poll so that users can vote for the features that theyād like Monzo to add for Pots next & the option to reorder them is one, please do add your vote(s) here