I have a 4 year old daughter and would love the idea of saving on her behalf.
The sort of thing I was thinking about was a specific children’s account pot where I can save for her as I go (perhaps sweep change into the pot automatically?)
Then, when she is eligible, upgrade to a full Monzo Current Account.
Perhaps a virtual card could also be considered so she could pay using a smartphone or her own when she is older. She doesn’t live with me; however, I would the ability to offer some sort of virtual card I could give to her mummy for pocket money.
Having a view of what she is spending her money on and a fixed maximum per transaction would be useful?
Lots of potential here! What sort of ideas do you have for useful features?