So i have finally decided to get my weekly salary paid into my Monzo account. I set it up with my employer without any problem, and the payment showed up in my feed the day before as an upcoming transfer.
Great i thought. However, Monzo does not seem to recognise this as a salary but simply as a transfer sticking it in the ‘general’ category. Is anyone else having this problem?
Cheers
Yes it’s the same with my weekly salary
It’s bloody annoying
I’d also like to be able to tell it that I get it weekly so the summary is correct for the month
You have to select a payment as salary on the summary page for them to know it’s salary
For weekly the summary isn’t automatically good. You need to set a budget based on your monthly wage
Yeah. I don’t see how this differs to those who get paid monthly.
That doesn’t work for me as i already tried this. The only options i have on the summary page are switching and adding the salary manually by giving my details to my employer, which i have already done.
If this is the first payment then once it’s in your account (not the notification that it will be) you should be able to select it then
when I first set up to get paid in my monzo account weekly payments the first two said you got paid with the wave hands then after that ever since up to today it just said payment from Arriva which who I work for that’s it no more you got paid notification
I have just spoken to someone at support and it turns out this feature doesn’t exist for weekly salaries (or no longer exists).
I still don’t see why its so hard to implement but not much we can do. She said they are looking into it but there is no time frame.
Is there any update on this? I just noticed that monzo doesn’t recognize my income as salary and therefore is not in the income forecast. When click on it to choose for a type of payment, there is not “salary” as an option. Does anyone know if this work somehow?
Bump!
Do you see your salary the day (or two) before?
It might be that you get paid by Faster Payments otherwise, and Monzo do not treat that as salary for budget purposes
Same here. I can see payment 1 day before. But on payday I receive a notification with amount like a standard transfer
I have the same issue. Monthly salary has hit the account. When I select the payment it does not offer the “salary” icon and is sitting there as general. I can’t find out how to mark it as salary/income
Given you see it in advance, that suggests it is by BACS. I wonder if there a threshold as well
Don’t mean to pry, but is this a monthly payment and/or over £1000?
I get paid weekly - £400-£500 every week. First payment every month - payday. Next ~ 3 payments like standard transfer.
So one BACS and three Faster Payments maybe?
I know they consider someone paying in, or being paid in, more than £1000 as having their salary paid in in terms of annual report, but would not work well for you if carried across
In conclusion, I don’t really know, but hopefully someone who does can put those values to work
If someone is on the minimum wage working full time they will barely take home £1000 a month. I think this is somewhat of a high cut off.
Hopefully with the US launch weekly budgeting will come quickly as Biweekly followed by weekly are the most
common pay schedules.
Yeah, I cannot imagine there is actually a £1000 threshold, but maybe there is something…
I thought I had heard on here about people getting multiple notifications a month, of the same sort I get once at the end of the month
As to the US patterns, so twice a month is common, but what sort of form does it take in the main. Heard mention of cheques (checks), but taking that with a pinch of salt even for the US banking system! 