Just something I’ve been struggling with really. My wife and I both have a Monzo account, we have a joint Monzo account, and we both have historic accounts with another bank. All our money is paid into the other banks, I then move the bulk of the money into the joint account, from there all the money for bills goes into my Monzo account with a bit extra for expenses and stuff, and my wife gets a sum each week into her Monzo account for all her stuff. The little we leave in the other banks is slowly building up as savings, and we have savings pots in our accounts. What’s left in the joint account is what we can spend on ‘anything else’.
All good so far and we really love how easy Monzo makes almost everything.
However. When I go to make a payment from any of the Monzo accounts to another as I sometimes do I have to manually enter the account details. I don’t want to just select my wife’s name from the frequent or recent accounts as on the next screen it doesn’t show the bank details. I know that I f I just click the names in those lists I can see account numbers, but I don’t know if on the screen after you click to pay someone they are in the exact same order.
It would be so much easier if I could select to pay someone, tap the name and then it confirm the account details.
Also, some banks just show an initial for a first name and then a surname. I frequently transfer money to my parents and my brother, they all have the same first initial, and so their name in ‘frequent’ and ‘recent’ payees shows as ‘M Carter’. Which is also how my other bank account shows because I also have ‘M’ as my first initial. And just to make it a little more complicated my wife’s name is Mandy, so that’s 5 accounts showing as ‘M Carter’.
So the only way I can make sure I pay the right account is to enter the account details every time.
Showing the account details would make things so much easier, but another suggestion is could we edit the payees so we can change the name and add a pic? This would be useful if a payee has a different account name to its trading name, or just to label things as ‘water’, ‘oil’ - I have to buy heating oil and I always get confused seeing this strange name in my statements as I forget who I’ve bought it from (and in Wales the names are often strange!) etc.
So being able to edit payees would make things really easy. Maybe we can then keep a list of people we will pay regularly, or they could be searchable alphabetically in a long list?
Just a couple of ideas to make things easier. Not as fun or interesting as most people’s brilliant ideas I’m afraid, I’m not able to come up with anything like that. I just think this would make something fairly routine a whole lot easier.