Round ups

[Bigcat (Liam crundell)]

I’ve had a scan through the ideas page and couldn’t see anything of this nature.

If possible it would be great to be able to have a feature that could round up all transactions to a whole pound and deposit the extra into a pot as a sort of auto savings feature.

I use an app called Moneybox which uses this idea but as it takes the money once a week through a direct debit in a rounded up amount it’s not the ideal solution. It would be a lot better if it could be done on the fly by the actual bank.

I tend to get around £3-6 all together a week which isn’t a lot but if it’s continuously skimming off of transactions you wouldn’t really notice it and also for someone like me who likes to keep a nice round number in my accounts it would keep things neat too.

[anon72173902]

Round-up style saving ... 'Coin Jar'

Ever wanted that cool feature that lets you round up your spending and saves the extra coins on the side? Something I think would be amazing to have in addition to Pots would be an additional opt-in Pot that would allow you to round your spending and save the extra money automatically. A ‘Magic Pot’. I feel this is a feature that not only I would appreciate but something a lot of my friends and the community would also like to see. It’s something I think Monzo could only pull off correctly. I …

[Bigcat (Liam crundell)]

Yeah sorry I’ve just seen this. I need this feature in my life!!

[Anarchist (Press ‘Help’ search ‘Contact us’ or email help@monzo.com or call 0800 802 1281)]

It doesn’t work flawlessly to keep things neat, but Coin Jar certainly works to round up your spending

[scottwilliamdunn (scott)]

Just create a pot and call it ‘Coin Jar’ and that’ll do exactly what you’re asking.

[tickling]

I was going to post this. I currently doing the roundups manually as I am saving for Oculus Go (Oculus Go pot has been created) using this method. It would be great that if it could automatically be done. Everytime I make a transaction I round it up to a whole pound. This is a simple savings feature which I find helps and while we aren’t talking massive amounts it has helped me save £7.50 in a space of a couple of weeks. A wee automatic setting would be a help.