What would the Community like to see from Monzo Plus in Q4?

Make a meaningful effort to include Joint Accounts. I hardly use the personal account, but would use Monzo Plus with my Joint Account.

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As we only use our Joint account then support for Joint accounts would me my top priority. There are lots of really great ideas on here but Joint accounts holders are unable to take advantage of Plus as it is now.

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I’m on a bit of a roll this morning: I’d like to use the Monzo app to make payments between connected accounts as well as just viewing them.

(Actually, I’d like to get as close as possible to the Monzo app being able to fully service connected accounts, but one step at a time).

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These ideas are great, thanks for sharing! I especially like the mental model @Peter_G is using here :arrow_heading_down:

Please keep sharing if you have more ideas on summary / budgeting, or Q4 in general :blush:

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Budget hierarchy.

This weekend I spent money in London on a weekend away. Is that holiday? Is that eating out? It’s technically both but I can’t categorise it as that, not equally anyway.

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To expand on this point a bit. In this thread IFTTT + Google Sheets + Monzo = Then what? there’s a few of us that have built something to try and see our data a bit clearer.

There’s graphs and tables and charts etc. I consider myself fairly handy with Excel and there’s people there much better than me who are much smarter. There’s also people who are less sure how to create anything meaningful and do they even bother or just don’t touch this functionality? I’d be curious if you could say the % that have the Sheets integration turned on?

I built this -

It’s very very basic, looks pretty naff but gives me an overview of my spending for things I like to try and measure. I’ve probably set it up in a very convaluted way that doesn’t scale for everyones use etc and I realise that if Monzo set up a template, they don’t want to be support for “What does #ERROR mean?”

And then look at this!

Imagine if you turned on Sheets integration and it built something like this. Even if it was just a one off, a “Your Life in Monzo” but to be able to see you spend £90 on groceries every week on average but it’s more if you go after work on a Friday in a rush. Or that you buy work lunches more on a Thursday, or you spend more on a work lunch because you’ve started going to Pret instead of Greggs or that your fuel has gone up since whenever. Just little things to look at and make it more worthwhile that all this data is here.

People love the “Your Year in Monzo” and I’m sure they’d love it more if it was all of it, and all the time.

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Far more flexibility over virtual cards. Payment.com gives 10 virtual cards for free. If I’m paying for it, I expect more than a handful, including instant burner cards etc.

Just use moneydashboard? It’s free and does this already.

Does it? Not that I’ve seen. Plus I don’t want ads all over it.

US only isn’t it?

But this isn’t yet another “You can get this for free/better from website.com waaah” it’s about improving Plus.

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I would like to see other integrations like paypal all kinds of credit management through your bank.

Option to hide whats going into pots from round up makes statements/home screen look messy makes me wanna keep checking how much im saving and i wanna forget about it otherwise i wanna withdraw and spend.

Yes! Exactly. I want this to be how I can see my data, or as near as a Template could be.

The thing is, I am competent enough with excel to build something half decent for myself. But… It would take hours and honestly, again, the inertia of “I can’t be that bothered” takes over.

That really detracts from the Value of Plus when I need to invest a significant effort to make the Data actually useful.

And again, that’s coming from someone with the excel based competencies to do something “OK”.

So +++++ a few likes for “the next thing” being how that data Evolves.

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And I don’t want to sound like a broken record here… (what, me, never…)

But the way Peter G describes is a very very close view of how YNAB allows you to budget / view your stuff.

I’m not saying that Monzo should become YNAB, or integrate YNAB into the ecosphere (it should…), but YNAB do do a lot of things well when it comes to budgeting - so even if the Devs spent a week looking at how this fabulous tool works, I think it could inspire some great thought into how a totally comprehensive budget and analysis tool can work, for Monzo, even if it’s nothing like what YNAB do.

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What happened to the higher tier of Monzo Plus, to include travel, etc?

COVID-19 happened.

It was no doubt delayed because of the pandemic.

But now signs are showing up in the :monzo: app code that ‘Premium’ is being prepared, along with white metal cards… Other than that, no details have been made available regarding what makes up ‘Premier’ features/plans.

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I would absolutely love it if Monzo had all the features of YNAB. Right now I’m not even close to wanting Plus, but that would be worth paying the fee for to me.

Ah good. Hopefully we’ll see something soon then. Plenty of flying going on now!

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Airlines beg to differ!

:roll_eyes: There are no ads - try using it before bashing it.

It is US only (for now), but that doesn’t mean a UK offering has to be subpar while being at a higher price, doe it?

Integration with either Freetrade or Trading 212 would be nice, although I’m not sure if it’s possible at the moment

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