Just opened a joint account with my partner to realise there aren’t custom categories within the joint account. I feel if at least one user in the joint account is a Monzo Extra (or above) subscriber, then extra features such as custom categories should be carried across to the joint account also. Similarly, virtual cards. I was wanting to setup a virtual card for groceries for it to come directly out of our groceries pot that we both contribute towards each month and use the card on our Apple Pay when either of us buy groceries.
I understand all features will not be possible to include in joint accounts, however custom categories and virtual cards should be a must.
I’ve just joined to discover Monzo charges both personal account holders the full amount for a plan to get virtual cards in the joint account, and then the virtual card allowance is shared between personal and joint. For someone who only wants a joint account, this seems very odd.
Yes the joint accounts really need some work with regards to paid plans.
I’ve ended up using Revolut for all joint usage as it allows virtual cards for free. Starling is another option (if both of you are able to join as they don’t allow old customers to return)
Thanks for the heads up on Starling and Revolut. I looked yesterday and looks like i’ll be joining Starling tomorrow. Shame as my business account is with Monzo, which interestingly while at Starling, i noticed their business account is now free, for the same stuff i get with Monzo for £9 per month!
