📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Monzo - paying DDRs from saving pots

Hi, can anyone tell me if you can pay Direct Debits from a pot or savings pot if you only have the free account / plan with Monzo ?

Comments

  • FlorayG
    FlorayG Posts: 2,208 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    No you can't. You need the paid for account. I just transfer the money into my main pot the day before the bill is due
  • penners324
    penners324 Posts: 3,529 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Rip off from Monzo.

    You can do that with Starling with no fee
  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,537 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 8 October 2024 at 10:30PM
    FlorayG said:
    No you can't. You need the paid for account. I just transfer the money into my main pot the day before the bill is due
    You certainly do not need the paid for account to pay direct debits from a standard pot. I have been doing so for years.

    The interest-bearing pot, however, cannot be used for automatic direct debit transfer payments.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.