It would be great if there was a summary of scheduled payments by default or with an option to enable/disable it.
This way one can know every month how much money to transfer to the Monzo account
Cheers
It would be great if there was a summary of scheduled payments by default or with an option to enable/disable it.
This way one can know every month how much money to transfer to the Monzo account
Cheers
Hi @lovegrass1 & welcome
Set up a Bills pot & assign the scheduled payments to be paid from it. The Bills pot details will then show you the total upcoming payments in the current cycle, allowing you to transfer the correct amount in advance*
Then just before a scheduled payment is taken from your main account, Monzo moves the same amount from the Bills pot into the main account to cover the payment.
*It wonât be accurate during the first cycle - but after a scheduled payment has happened for the first time, Monzo is very accurate at totalling the upcoming payments for future cycles.
Thank you David,
In my case I want some help with budgeting.
I am saving to pots each month and I need to know how much money I have to transfer from my main account.
I guess what you describing is for external payments ie electricity?
Cheers