I’m considering Monzo for the joint account we use for day-to-day spending. What I’d like to know is:
If one of the two people in a joint account categorises and/or tags a transaction, are those actions visible to the other person?
And I understand that if you recategorise a transaction from what Monzo automatically applies, it will do the same thing for future transactions from the same merchant - is this behaviour also shared with the other person?
I’ve re-categorised things (and added notes), and have it be reflected in my wife’s app, if that’s what you mean. Haven’t tested it with revisiting those merchants, but would guess so?
Yes, as mentioned by Hatticus catagories and notes carry over to your spouses/joint member account. I can confirm from from first hand experience. Both phones also get a notification of any transaction or transfer taking place.
Myself and my wife started using Monzo as our joint account a few months ago now, and honestly I’d struggle to think of a negative thing to say about it. Great stuff.