Freetrade is Out 🔥 Share your first thoughts once you get access!

[Freetrade_Team1 (Freetrade_Team)]

Thanks for this feedback!

@emalb

In the deposit screen in your app it says, “Your cash will arrive within two hours.” Can you change this to something more accurate?

We’re in the process of adding that to the app now.

@emalb

Make it possible to deposit using some method that’s simple and easy, such as Apple Pay, Paypal, etc. (I know this may be a non-starter due to fees, but perhaps it’ll become more viable in the long run.)

Unfortunately this isn’t viable because of the cost -

@Freetrade_Team1

It currently costs Monzo £4m a year in fees to 3rd parties to provide debit card top ups.

Due to this, we’ve changed our plans so users will need to top up by bank transfer / standing order, in order to fund their Freetrade account.

Open Banking should let us build functionality to enable you to trigger a bank transfer from your bank account to your Freetrade account in the future

Besides that, those are some really good suggestions for us to consider