The Big Monzo Plus FAQ

And you will. When Monzo are good and ready.

Hopefully we will get an update soonish now that we in 2020 and Xmas/New Year now out the way.

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I sure they got some very interesting news round the corner.

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Judging by my current outgoings:

I’d like to see if we can get cashback on fuel, although i’m not sure this is possible. Morrison’s/Shell/ASDA/etc.

Othe nice retailers include the standard UK supermarkets, also Aldi if they include anything similar?

High chain bars/restaurants? i.e Revolutions/Nandos (although i don’t go often) are a few to name as examples. Wetherspoons etc?

Subscription services such as Spotify/Netflix?

Insurance companies - Car/Gadget/Home (in that order :wink:)

Phone companies (EE, Vodafone etc.)

TV/Broadband Providers (Sky, Virgin, BT)

Let’s see what happens!

Tom has said multiple times that he isn’t interested in mortgages as he’d rather the financial hub element, where Monzo connect you with folk much better at providing a mortgage. Whether you think they should doesn’t align with Tom’s vision for the business.

Given the fact that they are turning a profit per customer (in fixed unit economics terms), compared to before, this is proof that they are now receiving larger deposits (and salaries) into Monzo.

There’s a well-established mortgage broker in the South West who are essentially working on the marketplace model as they charge £0 (zero) for their services to the end-user but rely on the kick-back from banks. If marketplace models didn’t work, then they wouldn’t be so successful for companies that employ them.

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Excellent now if they could make this happen Thea would be great :wink:

Packaged accounts ready yet or end of Q1?

Last update said end of Q1 or beginning Q2

Keep an eye on the forum for updates

No

I’ve moved your post to an existing thread about new plus

10 posts were split to a new topic: Driving / Fuel Consumption

Looking forward to what is coming.

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Unrelated to what Plus will include, I hope that they launch it at the start of the month, personally I hate setting up repeating payments/direct debits past the start of the month, I like to pay everything in one hit where possible, bills pot or not.

I’d likely not sign up to until the following month otherwise.

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I’m with you on this one, it should include the ability to select the preferred payment date and pro-rata the first payment accordingly (to include the proportion of monthly payment between the date of service activation and the selected payment date)

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Unrelated to this thread but your profile tag line made me chuckle :speak_no_evil:

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Thanks! Thought I’d have a laugh with it

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There is of course an element of truth too :wink:

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:rofl: :rofl: :rofl:

Don’t start me off

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When are we getting an update on Monzo Plus? It’s been a while?

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Soon