We’ve been working hard on a big update to the Monzo experience. There’s lots here for everyone, and we think Monzo Plus and Premium customers especially are going to love it.
Starting today you’ll be able to see a combined breakdown of your income, spending and saving across all your cards and accounts, be they Monzo or any others you’ve connected. This info will live in a new tab called Trends, giving you visibility of your entire financial life with just one tap.
We’ve got big ambitions for Trends, which we want to become the home for money management and budgeting in Monzo going forwards. For now the experience is really simple, a combined spending total and a list of category totals. See what you’ve spent and where by toggling different accounts on and off and explore previous months by hitting the calendar icon.
We’re automatically excluding transactions we think are Income, Transfers and Savings from the spending total. However, we know everyone thinks about their finances slightly differently, so Trends is built to be flexible – you can recategorise anything, even pot deposits & withdrawals.
Some of you might be wondering what’s going to happen to Summary amidst all of this and I want to reassure you that it’s not going anywhere for the foreseeable future. We know lots of you rely on it and whilst longer-term we see Trends replacing it, that won’t happen until Trends has caught up with what Summary does (and a whole lot more ).
We’re releasing Trends to a select few Monzo Plus and Monzo Premium customers today to get feedback and develop it properly. Soon after, Trends will be available for all Monzo customers to use. You’ll need to be on version 3.93 or newer to see the changes. Let us know what you think, especially keen to hear how our default categorisation is working for you