Joint account questions

Hi there,

I just set up a joint account on Monzo with my long-term boyfriend. I was just wondering if I could get some more clarity.
My boyfriend is Swedish who moved to the UK in the past 2 years, so is finding it difficult to build up his credit rating. with the joint account, would we be able to improve his personal credit rating by having a phone contract in the joint account for example? My credit rating is good so I am accepted for the majority of things and I was just wondering how it worked within a joint account.

Thanks for your help :slight_smile:

At the moment the joint account is not reported to any credit agencies

There are more effective ways like a mobile phone contract or something like this

So the joint account won’t help but a phone contact in his name (from the joint account or not) will

You could have a listen here;

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