Monarch connects to thousands of institutions. Sometimes when a bank account is connected to Monarch it can be labeled as an incorrect type. For example, it's labeled as a Checking account when it's truly a Savings account.
You can correct the label from your account on web. Go to your Accounts page, scroll down to the specific account, and click on it.
- Click on the "Edit Account" button in the top right
- Choose in the dropdown menu the correct type and subtype
- Click the "Save" button
If something still doesn't look right after going through these steps, please let us know by contacting support in the app.