Yep, v.true. That’s a ‘growing pain’ issue that Monzo will have to deal with as people start to use it as a general bank account rather than just for ‘pocket money’ purchases. Similar to some of the discussion in this thread about the fact that a salary payment is pretty different from £3 on a sandwich, and needs to be treated differently. I guess they’ll need some kind of algorithm to sort payments and make sure they do something sensible. I guess the easiest starting point would be to count card payments only, and ignore DDs and salary payments when giving those daily totals.
But for the moment I only use Monzo Current Account for everyday spending - my bills etc go through my other accounts. So these alerts would work really well for me.