You allow scheduling of deposits to Saving Pots; but do not allow schedule withdrawals. Please allow scheduled withdrawals from saving pots.
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This defeats the object of saving if you’re just going to be scheduling withdrawals.
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I keep my monthly spending/bills in savings accounts so they earn a little bit of interest. Might not be much but everything helps. Currently it’s all in Chase savings as the interest is higher and I can schedule all my withdrawals for the days my bills are due.
It’s for this reason I’ve never used ‘bill’ pots in Monzo. A nice idea but would rather than offered some interest on a limited balance in current account/bill pots like they used to.
When my Chase booster comes to an end, I’ll probably stop using Chase savings for my spending so may come back to Monzo but would really like to see scheduled withdrawals.
Chase is the exception here afaik. Most banks don’t either allow direct debits to be set to saver accounts, or schedule withdrawals from them.
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I know but it has been nice for a few months not having to do lots of transfers. There are still some accounts that offer interest on current accounts which would be useful alternatives (while that continues).