TLoS
18 April 2023 08:41
1
Does Monzo have an equivalent to GoHenry, or could you please create one? I have a 10yro child that I’d like to learn to better manage money - and think having their own card with a linked small sum will help. Can Monzo help?
Are any plans in the making to create child accounts. My 14 year old daughter is desperate to have a monzo account…?
is there a chance of a child/under 16s feature coming, I’d like to set up an account for my sister to start to slowly manage money, I’d put the money across like I would a pot and she has the card for it. Please Monzo also on another note please let me pay subscription from pots! I beg!
Why are Monzo not launching a kids account like this @ £2.00 a month it would probably raise more money than Plus and would introduce a new generation to Monzo who will hopefully carry on using them as they grow older and start earning a wage
Monzo is missing so many ways to generate revenue
So glad Tom Bloomfield is out of the way so the bank can start concentrating on actually being a Bank
I’d really love to be able to create child ‘pocket money’ accounts linked to my main account. Each Pocket money account would have its own card controlled by the parent account and could be transformed into stand alone account when child hits 16/18. Parent can see all child activity, easily transfer funds and lock account.
In the cashless world we live no one offers this functionality today. Would probably also work with only virtual card that kids could add to their phone wallet. Kids have lim…
Could I open an account for my 14yr old daughter ? I think the way I enjoy instant notification and saving pots, I’m trying to get her into a saving routine. She using Go Henry and it’s crap.
Hi I have found a gap in the current banking market.
My 12 year old son is just starting to venture out into the world and with the covid challenge
where shops etc are not wanting people to use cash it’s is tricky to send him out with money
to spend.
I have investigated pre-loaded payment cards but they would require signing up to another
financial company. What would be great would be a Monzo card which I can give to him
which is linked to my account but not have direct access to my pot o…
It would be convenient to open an child account to give pocket money and monitor child’s spending.
For several years Monzo have said about creating a child account with the last one being in a thread from March last year but still no news on this.
Does anyone within Monzo have any news on when this will be available?
Thanks
Would be great if we could get the younger generation in on the Monzo revolution as early as possible. My son has turned 11 and wants to be able to spend his own money. Money that he has either earned through chores or presents. His options are a prepaid card or an account with one of the high street banks.
Hightreet banks currently offer junior bank accounts from age 11, is this something monzo would think of doing?
Hey y’all!
I’ve recently stumbled upon Monzo and I feel like you’re honestly missing out on one of your best target audiences. I’ll tell you why!
You don’t have any accounts available to those under 18 or those who are currently a student at college/university. This is a new and modern service and you’re not really targeting young people at all. I feel like this is honestly a missed opportunity.
People like me are young, worrying about the scary adult world and willing to be the ones to try n…
As a parent, I’d like the ability to get debit cards for my children - who are under 16 and unable to open their own Monzo account - and assign them to their own dedicated pot so I can monitor/top up their pots.
I’ve had to set up HyperJar accounts which offer this ability, but that’s not ideal because it’s just another account for me to manage. I’d rather do this via Monzo. Also would set the children up to use Monzo at 16.
Any body else think it would be a really good idea to have like a ‘Mini Monzo’ for Kids?
I have been looking at options of kids bank accounts and I think Monzo could do it better!
If enough of us are interested, perhaps they will make plans to create one in future.
Hi guys, I’m guessing you (monzo) know how soldo kids account works, whereby the kids accounts are embedded into the parents account, the problem is that saldo charge for this and I’m sure monzo would be able to offer sumit similar without the monthly charges. It just seems so hard to get young kids an account that is build for this century…
In a word, “No”.
The best you can do is to pay for Plus/Premium, create them a virtual card and assign it to a pot in your account. Then add to their Apple/GooglePay.
5 Likes
Ordog
18 April 2023 08:45
3
TLoS:
Can Monzo help?
They can’t. It isn’t something they offer at the moment.
1 Like
Drew58
18 April 2023 10:47
6
I’d agree hyperjar better option over Revoult.
1 Like
j06
18 April 2023 12:15
7
I’d say Revolut is better than Hyperjar for functionality. Believe it’s also free for one child.
Drew58
18 April 2023 20:48
9
Interested to know what you think Hyperjar hasn’t got compared to Revoult - only use free options though to compare fairly.
2 Likes
Hyperjar twice as many accounts for free too
1 Like
j06
19 April 2023 15:17
11
Revolut feels a lot more innovative and agile I guess. It’s just a personal preference having used both apps. I also think Revolut is going to still be around in 5, 10 years time.
2 Likes
Drew58
19 April 2023 21:15
12
Can’t disagree about timeframe and still being around.
1 Like
Get a Kite Card from Starling
1 Like
