I can see it both ways regarding gambling but i’m leaning towards it not being an issue, it’s less of an issue than say vodafones spin to win thing in the rewards section of their app.
@mikez private pensions paid via Bacs are included yes ![]()
hey @shizzle
if you get paid weekly, your weekly payment would be doubled rather than your monthly salary. So if you were selected as a winner, your first £500 weekly payment in the month would be doubled ![]()
Firstly the Bills Back, and now a chance to get my wage doubled. Sounds great.
What’s not to like about this bank? Whilst it’s extremely unlikely I’ll win, it’ll be great for the people that do get their wage doubled.
And as I am paid weekly, how does it work for that month to select a winner. Do I get to choose which wage to enter into the draw, is it selected randomly, is it the first (or last) wage in that month, are they all entered in (haha, I wish)
Either way a chance to double a wage is brilliant, especially in the current economic climate. Hopefully this draw will continue forever.
This is a great addition that sits alongside Billsback.
While it’s not as lucrative for the winner as say paying your mortgage off (RIP the Halifax Mortgage draw which ended in September!), but this is an excellent, random chance for a bit of extra cash. I have no illusions that the chances of winning are quite small, but you never know.
Love this. Keep up the good work
It probably picks the first and enters you, otherwise you would be at advantage to rack overtime or a bonus week (not that the odds will be in your favour either way).
That wouldn’t be fair on everyone else.
Is this going to take up unnecessary space on the Home tab too?
As shown in the image, it’ll be added under bills back.
this really does prove people will complain about anything ..
Why is it a minimum of £300? I work part time hours due to childcare and I earn less than that a week so I’m missing out which I don’t think is fair
Because they want those earn the most to benefit the most, of course ![]()
You’re a teacher, you’re far above minimum wage, so I guess that fits you into the earn most benefit most category.
Yeah, which is unfair. Some people would win less than me just because they earn less than me. And some would earn more just because they earn more than me. Your point is correct.
(And teachers hardly earn “the most”
)
The likelihood of someone taking home £10k a month being paid into Monzo is probably <0.1% ![]()
It’s no different to Halifax mortgage draw before it ended. One winner might have had £5k left to pay off, someone else a £100k.
Or when retailers do a “win your shop”. Someone might have spent £5 or £500.
At the end of the day it’s a lottery with a defined prize.