To select a pot with money to use if going overdrawn

[Revels]

If your pot direct debit fails, it will take it from the main account.

But really Monzo should solve this but allowing all pots to be part of the balance. So if your main account is -£100 but you have £200 in a pot, you’re not overdrawn. It’s bonkers they do it like this and it punishes people who aren’t as financially stable.

Overdraft Pot

I’d like to setup my own overdraft but interest free. I don’t want it to show as a balance though (i.e. still show negative if I dip into it). Could you develop a new pot type so that effectively people can pay real money in and out of the overdraft Pot? If you are serious about changing banking then this is a great place to start as interest charging overdrafts are financial craziness! Overdrafts on the other hand are important. Say you go shopping and have the money in a pot…but there is n…

The Pot Overdraft

Ok, bear with my rambling logic here before saying it makes no sense. A future facility, where users with poor or no credit score, can arrange an over draft facility to match a “locked” pot, where monzo open an overdraft to match the pot or the pot times a small multiple say 1.2. Firstly, help build a credit score for most showing they have an overdraft on credit report Secondly, help monzo have security of the amount lent from the pot balance, if user doesn’t clear to above 0 within a timefr…