The Monzo Current Account Preview

[AlexMJ (Alex)]

That’s a good idea. I hadn’t thought of continuing to use my prepaid card for that

But I’m hoping that eventually it won’t be necessary. If Monzo can come up with some way for me to ringfence the money that’s needed for upcoming bills, or some way to mark off funds that I have (my own) permission to spend that week, then that would be perfect.

[nick69g (Nick)]

Might want to rephrase that! lol :)

[Chapuys (Kevyn)]

National Savings & Investments does not work with the Monzo sort code. I was trying to change the registered bank account so I could withdraw Premium Bonds in the future. I have not tried buying them etc.

[Dunsford (Colin Robinson)]

@Chapuys There’s a thread for that

Merchants & Banks Who Don't Yet Recognise the Monzo Current Account Sort Code / Debit Card (open Wiki)

I’ve created this Wiki which anyone can edit, at @connorianreilly’s suggestion (& having checked with the team), as a place for the users in the current account preview to share the merchants who don’t accept / recognise the new Monzo Sort Code or BIN. There’s also a section for the banks that aren’t letting Monzo users get set up as payees yet either. Monzo’s BIN is the 6 digit number at the beginning of your card (535522) & if the merchant’s database is out of date, they’ll typically identify…

[Chapuys (Kevyn)]

Already updated it . Also The National Union of Teachers doesn’t work either. Sees Monzo existing… but then rejects them at the last hurdle for not existing.

[Frankiejr (Frank)]

I know I have asked this a couple of times but really don’t want to be taken out of the preview queue. Anyone from ? @Naji

[dafzthomas (Dafydd Thomas)]

I see the live number going up throughout the day today… remote signups?

[Rika]

New employees, working remote, returning from holidays, and a very small number who haven’t got one yet.

[dafzthomas (Dafydd Thomas)]

Ohhh makes sense…

[simonb]

And some remote signups, like close friends, family members, girlfriends/boyfriends/partners - For example, I hand delivered to my cousin who couldn’t make the event. This is a very small number though, just a few people per employee.

Note - I am not currently accepting applications for new friends

[DaveTMG]

how many girlfriends do you have?

[simonb]

Well, including myself, and aforementioned cousin, I can account for 3 numbers on the Current Account Tracker

[Justin]

@alexs, good to speak with you yesterday evening. Do you think it would it be worth having a separate thread with companies who are unable to switch Direct Debits to 04-00-04? I moved five today, but Halifax Home Insurance needed to update their systems, and I’ve read of others experiencing problems with Thames Water. If we had a separate list, we could them off one by one when resolved

[simonb]

You can edit the wiki here : Merchants & Banks Who Don't Yet Recognise the Monzo Current Account Sort Code / Debit Card (open Wiki)

[Justin]

@simonb, thanks. Great minds think alike!

[caspararemi (Caspar)]

I spy the new Mastercard logo:

Richard Dingwall (dingwallr)

[jzw95 (Jolin)]

Does anyone know if the new chips offer any different/additional functionality (or potential future functionality) compared with the chips in our pre-paid and the CA preview cards?

[HoddzDJ]

More stability for offline transactions if I remember correctly. Don’t hold your breath that they’ll be part of the preview though, just in case.

[alexs (Alex Sherwood)]

Yes the cards will work offline for pay at the pump, parking meters, train station ticket machines etc.

Transaction notifications when full bank

So the new debit cards will be offline-capable but online-preferring. This means they’ll go online wherever possible (for instant push notifications and feed items) but also support terminals which cannot go online. (Where our prepaid cards would currently decline)