Monzo/Starling Banking/Revolut

Shadowness · 7 Jun 2019 at 08:49

That might be a better idea too.

Really noob question - how do you change DD payments from one bank to another?! I've never needed to do it as I've had the same current account all my life!

Liquid_Entity · 7 Jun 2019 at 08:55

They sent me a message today and it was a service issue so wasn't just me.

tom_e · 7 Jun 2019 at 09:03

Shadowness said:
That might be a better idea too.

Really noob question - how do you change DD payments from one bank to another?! I've never needed to do it as I've had the same current account all my life!

If you're not using the switch service then you contact the company that you're paying and ask them to update the bank details.

bliss · 16 Jul 2019 at 21:13

Does anybody know roughly how long it'll take for starling to authenticate my details? I created an account earlier and my card appears to be on the way, and while I haven't tried it seems I can also transfer money into my account. However each time I load the app it shows the message that they're still checking my details.

Diddums · 16 Jul 2019 at 21:17

bliss said:
Does anybody know roughly how long it'll take for starling to authenticate my details? I created an account earlier and my card appears to be on the way, and while I haven't tried it seems I can also transfer money into my account. However each time I load the app it shows the message that they're still checking my details.

24h usually.

bliss · 16 Jul 2019 at 21:25

Diddums said:
24h usually.

Thanks. Nothing to worry about then... Yet..

chroniclard · 16 Jul 2019 at 21:29

bliss said:
Thanks. Nothing to worry about then... Yet..

I just set one up to have a look at the features at 11pm one evening and it was done by the morning.

Deleted member 651465 · 16 Jul 2019 at 21:39

Monzo or Starling, then?

I’ve got both apps but never really noticed much of a difference. Monzo app looks nicer and don’t really need foreign withdrawal etc.

LiE · 16 Jul 2019 at 21:47

EVH said:
Monzo or Starling, then?

I’ve got both apps but never really noticed much of a difference. Monzo app looks nicer and don’t really need foreign withdrawal etc.

I’m with Monzo over Starling for a couple reasons.

- The app is nicer IMO.
- I like that they still have the community forum who are passionate and drive change.
- Monzo Plus, this is new and when fully launched should allow me to switch have a more flexible insurance package through my bank.
- The prospect of a committed spending pot in the future would mean I can totally switch instead of having separate accounts.

Diddums · 16 Jul 2019 at 21:57

EVH said:
Monzo or Starling, then?

I’ve got both apps but never really noticed much of a difference. Monzo app looks nicer and don’t really need foreign withdrawal etc.

Six of one really, Monzo has the goals which gives it an edge but I've been with Starling for a few years now and can't speak highly enough of them. I've got Monzo too and can't fault it tbh, only got it as my wife uses it and we both got a fiver if I used her referral, but the goal pot thing isn't enough to justify me leaving Starling for it.

Kol · 16 Jul 2019 at 22:34

Is the ‘goals’ thing the same as Starling’s ‘spaces’ ? I’ve three ‘spaces’ one is a rainy day, one savings and one other.

Basically whenever I use my card it rounds the difference up and pops it in one of the pots (which you can see as 1x, 2x, 5x etc).

I have mine set as 5x round up which is interesting when you buy some crisps from the vending machine at £1.05 and £4.75 gets added to one of your spaces.

ubern00b · 17 Jul 2019 at 10:19

Kol said:
Is the ‘goals’ thing the same as Starling’s ‘spaces’ ? I’ve three ‘spaces’ one is a rainy day, one savings and one other.

Basically whenever I use my card it rounds the difference up and pops it in one of the pots (which you can see as 1x, 2x, 5x etc).

I have mine set as 5x round up which is interesting when you buy some crisps from the vending machine at £1.05 and £4.75 gets added to one of your spaces.

A "goal" is just a pot to put money into to separate it from your other money. You can have a set amount you want to achieve or just keep putting money into it. The "Round Up" feature is applied to a "goal". You don't have to have this enabled.

"Spaces" is just the area in the app that you can find these things.

Monzo calls these "pots" and you can apply "goals" to the "pots", so works pretty much the same way. I don't know about "round-up" in Monzos world.

randomshenans · 17 Jul 2019 at 10:22

What annoys me with Revolut's vaults, which is the same as the above, is that you can't split your roundup money between pots. Like, I'd like to be able to choose it to go to different ones, or split between 3 of them.

Kol · 17 Jul 2019 at 10:30

ubern00b said:
A "goal" is just a pot to put money into to separate it from your other money. You can have a set amount you want to achieve or just keep putting money into it. The "Round Up" feature is applied to a "goal". You don't have to have this enabled.

"Spaces" is just the area in the app that you can find these things.

Monzo calls these "pots" and you can apply "goals" to the "pots", so works pretty much the same way. I don't know about "round-up" in Monzos world.

Good point, yes I meant 'goals' within 'spaces' thanks for clarifying.

XeNoN89 · 17 Jul 2019 at 10:44

EVH said:
Monzo or Starling, then?

I’ve got both apps but never really noticed much of a difference. Monzo app looks nicer and don’t really need foreign withdrawal etc.

I have both. They are both great but Starling just wins for me due to bigger limits for withdrawal of money abroad

The_Abyss · 17 Jul 2019 at 12:28

randomshenans said:
What annoys me with Revolut's vaults, which is the same as the above, is that you can't split your roundup money between pots. Like, I'd like to be able to choose it to go to different ones, or split between 3 of them.

I don’t believe that you can do this with Starling either - I think it only allows roundup on a single goal.

Minusorange · 17 Jul 2019 at 13:03

Any Revolut users know how you can change the default currencies that initially show in the "exchange" option

I like using it to see exactly how much I need to deposit vs the exchange rate for $'s but for some reason the default currencies are £, Euro and Saudi Arabia, it used to be US but one day it randomly changed and I can't figure how to get it to show $ instead of Saudi money

mrkev · 17 Jul 2019 at 18:57

Minusorange said:
Any Revolut users know how you can change the default currencies that initially show in the "exchange" option

I like using it to see exactly how much I need to deposit vs the exchange rate for $'s but for some reason the default currencies are £, Euro and Saudi Arabia, it used to be US but one day it randomly changed and I can't figure how to get it to show $ instead of Saudi money

Can you do that on the account screen - top right hand corner?

mrkev · 17 Jul 2019 at 18:59

Do any of the Monza or Starling apps spam you with marketing alerts on your phone like Revolut do?

Raymond Lin · 17 Jul 2019 at 19:02

mrkev said:
Do any of the Monza or Starling apps spam you with marketing alerts on your phone like Revolut do?

Nope.

Monzo/Starling Banking/Revolut

Deleted member 651465

Deleted member 651465