The Monzo Current Account Preview

For the most part, these changes are still within the bank’s already allocated ranges. It’ll take a lot longer here because we’re a new bank with a new sort code that was previously entirely unallocated.

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Stolen… I’m gonna call it PreeWrap :eyes:

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That point is true, but an unrecognised sort code, whether in a established range or not, still returns:

“Computer says no. Your sort code isn’t on a list.”
“Well go away and fix it.”

some time passes

“It’s fixed.”

Oh sweet! The new MasterCard logo is on the prepaid cards too, now? :grin:

That’s quite cool if it’s the case, though hopefully the first time I see it will be on the current account once it rolls out to us Android users :stuck_out_tongue_winking_eye:

Yup. Can confirm a second golden ticket-friend received his card a few days ago, and it also has the new logo.

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Where do I see direct debits that have been set up on the current account?

@nick69g
Spending tab at the bottom -> Recurring Payments :slightly_smiling_face:

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I don’t have a recurring payments tab… :frowning:

they haven’t been setup yet. Can take several working days.
Should look like the below once setup. Click on that tab will actually show the DDs.

IMG_79A4AE2FA792-1

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Thats helpful - thanks,

If you didn’t already know, the android app is ready so hopefully shouldn’t be too long now!

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The current account does now support cashback! Tried it yesterday, got declined. Received a friendly message from @rdingwall mentioning that it was enabled, and gave it a quick go earlier today :slight_smile:

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I’m excited for this feature- I use two cards in the post office just to get cashback and spending info, which is a bit of a faff really

I read it in my ‘holiday monzo catch-up’ :joy: skimming through the threads I believe I saw a tweet saying it was already ready? :grin::grin: Super exciting, can’t wait to see what Monzo have brought to the Android side :wink:

Umm, I don’t want to rain on your parade :sweat_smile:, but I don’t expect more than what ios app has. Preview is strongly focused on testing Current Account functionalities, so releasing a ton of half-baked, less important functionalities would seem very hindering. BUT, at least we’d have it and that means a lot! :tada:

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Also… a few of us iOS users are a bit jealous of how good it looks!!

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Signed up for Starling to check it out… seems they offer interest on the current balance. Any news for that with Monzo?

Yes, Monzo won’t be paying interest on in-credit balances :slight_smile:

You should be able to save a lot more money by choosing the right provider for you though, than you will from that interest..

In the longer term, providers like Ratesetter, Zopa & Nutmeg etc. will integrate with Monzo, to enable users to easily manage those services from the Monzo app & earn money from their savings. You can start to get a sense of what that looks like, from this preview.

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Sorry yeah, wording on that wasn’t great… :sweat_smile: I just mean I can’t wait for the app :stuck_out_tongue_winking_eye: it’s going to be wonderful if I make it into the testing phase, seeing how well received the current account has been so far it’s super exciting! :grin:

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A post was split to a new topic: Depositing Cash & Cheques