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Monzo has a new 'pots' function on it. Basically you can put money in your account into separately named isolated areas in your account that can't be spent usi
by benbristow 9y ago
Monzo has a new 'pots' function on it.
Basically you can put money in your account into separately named isolated areas in your account that can't be spent using your card normally. In layman's terms as many saving accounts as you want with more flexibility.
You can still kind of use it as a prepaid card by just topping it up from your bank when you want. It's just better as you can now use Android Pay etc. and have proper banking functions like having an actual sort number/account number, direct debits, standing orders etc.