When paypoint was announced I thought it was a great idea as there are loads of them… but it seems that attempting to deposit cash means a potential argument with a shopkeeper so to me that’s out - I have a low threshold for hassle when it comes to these things.
Given the local post office has one counter and last time I needed a postal order it took 40 minutes during my lunch hour due to the queues, I don’t really see it as an option for cash deposits.
Not an urgent need for me, but I still would like somewhere to deposit cash so a solution to the problem in the future - legacy banks have all closed their branches here except Barclays (I expect they’ll be gone in the next year) so there’s a bit of an untapped market for whoever works it out.
I remember once I had to deposit money in Santander but Thier machine had ran out of envelopes, luckily enough I was also a nationwide customer and the branch was directly across the street, so across I pop and got a deposit envelope which I then used in the Santander machine… (It may have been abbey national at the time) I was a regular customer at the time and the next time I was in they told me that they found it very funny…
Good idea, but… Nice let’s go Asda not far from home, they have PayPoint let’s try this out… minutes later we don’t do that here, we only have a license for gas, water and electricity the very nice lady nearly killed me and every one around looked at me like I asking for an atomic bombs.
OK maybe the very polite lady don’t know how to do it, let’s try another PayPoint… Fk he’ll it’s not my lucky day. Yep!!! A very nice idea.
I remember @anon41613057 mentioning at looking at decreasing the 10 minute wait time on deposits a while back. Not a deal breaker by any means but curious if there has been any progress?
If Starling meet your needs better then that is the right decision for you
I myself have not paid in cash for several years and moved to Monzo after a brief interlude with Starling as I prefer how they operate
Starling making different choices in this regard is not really a slight on Monzo while both need to make a profit, but apparently we need to avoid tone policing so I will just say welcome to the community
I’ve been a Monzo user since May 2016 and I’ve just had to deposit cash for the first time.
I was incredibly anxious about
The possibility they would have no clue what I was talking about and I’d look like a tit
It wouldn’t work and I’d look like a tit
My card wouldn’t swipe and I’d look like a tit (the stripe’s knackered)
But no, it was seamless, instant notification in the app. It was such a one off that the fee’s not something that bothers me. So relieved and it was so convenient.
Can someone please help me out? I tried to deposit £200 at a PayPoint kiosk yesterday and I was told that I could only deposit £100 at any one time so to deposit the whole £200 I was charged £2 in fees, £1 per transaction. Is this correct that I can only deposit £100 at any time? I thought I could deposit up to £500 per transaction…