I was looking for some clarity that i cant seem to get for a couple of issues, I have dug through the forum to find it but cant seem to get an answer to my question.
will my transaction history and targets all carry forward when i go from a pre paid card to a current account.
will Monzo be offering instant access savings at the same time as current accounts or will the current accounts offer interest on credit balances?
Monzo are working on developing virtual savings pots. But it sounds like these will be a feature that enables us to silo a certain portion of your balance, rather than a dedicated account with a special interest rate.
I have my doubts that Monzo will pay a significant interest rate on your balance when itās in credit, whether itās in your account or a saving pot because thereās no obvious way for them to fund that interest payment. Monzo are planning to invest some of the deposits in government bonds but given how low bond yields are at the moment, it looks like that wonāt earn a meaningful return.
The good news is they will offer easy access to third party providers like Moneybox or P2P lenders like Zopa through their marketplace so that we can earn more interest on our savings though.
That will enable us to choose between a much wider range of providers & products, than we have access to through the legacy bankās products.
I expect so. Iām sure Monzo will explain how this will work nearer the time. Iād be interested to know too but frankly, Iām in no rush to find out, as we canāt do anything about it even if we know the answer to this question at the moment anyway.
The short answer is yes 
I donāt know exactly how it will work however it will all be carried over. I have seen posts somewhere from Monzo staff to confirm this but cannot remember where.
From the blog post āLaunching The Bankā
When weāre ready to launch the full current account, weāll send out new debit cards and ask you to opt-in to updated Terms and Conditions. Your balances will be transferred over immediately, and your historic account data should be unaffected.
Thanks for that Bob, knew I had seen it somewhere.
Following on from my comments yesterday, hereās what Tom had to say about Monzo paying interest & 3rd party providers, in the below interview which was published today -
āShould be unaffectedā Iād like to shout about this. I myself have put a lot of effort into getting most of my monthly spend run through monzo so that I can build up a history and therefore reap the benefit of instant budgeting. If this history was lost it would be a big blow to my interest in monzo.
Iām assuming others may be in my position.
Please do whatever you can monzo to keep this history.
Surely that is what should be unaffected means? I think they will be doing everything possible to make it happen and donāt see why it wouldnāt. I imagine it will be just like receiving a replacement pre-paid card.
@Bruce We currently canāt see any reason why this wouldnāt be the case 
Thanks @Naji ,
And yes realise that is what it means, but you never know when putting a new product out how much headroom small tasks can take. And to meet a deadline those things can be dropped out.
So simply putting my opinion of its importance out there.
Could this be asked as a preference to customer at time of migration? Iām still not sure what I prefer but Iām tending towards clean slate on the current account. 
My reasoning is that my usage of prepaid and full account will be extremely different and, to me, it doesnāt make sense to maintain a transaction flow between these two. A print out of transaction history from API is sufficient in my case.
As currently used, Monzo is my hedonistic card 
, the one I would used when I am wondering āCan I afford? Should I treat myself?ā. Itās easier to budget this way (specially in Android with no targets). If my Monzo card has the funds, I can probably treat myself. All other essential spending mostly comes out of Direct Debits from my main account. So my Monzo transaction feed is mostly filled with an extensive list of bar & restaurant payments (Instant notifications are a godsend in a busy place were contactless is used and you are unsure of what you have actually been charged) and holiday overseas spending, it doesnāt feel like a current account transaction list.
I agree fully with your thoughts on this
The plan is existing data will move over 
Is that compulsory or optional? What if we donāt want past expenditure carried accross?
I think Iād also prefer to start afresh.
As far as Iām aware it will be compulsory. However I could be wrong. I would imagine you could just ask to have it wiped/start a new account.
I want all my data moved over as I use Monzo as my main spend and my Metro for direct debits only
You see Iāve had very limited use of Monzo as well, mostly used it when I go on holiday. I would prefer my feed to be wiped clean otherwise there are transactions that arenāt actually part of my current account in my feed.
Also makes sense to me to start with new list of transactions on what essentially is a completely different type of account.
Iād prefer to keep my data personally, so if thereās a wipe then it should be optional I think.