Right now we’re thinking about the spending screen and the changes we want to introduce once we have a full current account and your income can live in Monzo.
If you keep a close eye on the forum, you’ll know there’s been many posts about changing the period of spending that you see in the Home and Spending. Right now we operate from start to end of the month, which I think is the best default we can go for (as rent, bills, subscriptions etc tend to be paid on a monthly basis), but we also know that people receive their income in many different ways. Eg, if you’re a freelancer, you may receive £2,000 and then £600 four weeks later but two weeks later receive £400. It’s not always as straightforward as a flat monthly salary. Or some people are paid every two weeks instead, and if this is the case, seeing your money on a monthly basis isn’t as valuable as if it was catered directly to you.
As your salary/income is the cornerstone of a current account, we want to make sure we consider every use case we can.
So! It would be incredibly useful if you could respond to this (anonymous) poll with what your ‘pay period’ is. If your answer isn’t there, or you have any other thoughts on how you’d like to see us approach this, please comment below
- Every month
- Every two weeks
- Irregular (sometimes two weeks, sometimes two months)
- Other (please elaborate in thread!)