Looking for household/pooled budget spending money service

Financial Chat
1

I’m looking a bank account or fin service that allows people to spend money from the same shared/pooled money pot, is that makes sense.
Requirements are

  • All members need to be able to see the shared money balance in an app.
  • All members need to be able to spend the shared money balance with a card or phone.
  • All members can add to the balance.
  • Minimum 3 members (joint accounts won’t work).
  • Free and simple to use :slight_smile:
    The ony one I see at the moment seems to be hyperjar. Are there any alternatives out there?
2

Some banks will allow more than 2. Think Lloyds group but can’t remember.

Revolut have shared group tabs but not sure everyone can add Bills to it that need to be paid, but can add funds and withdraw. The person who sets up the Group can assign admin to other users too.

Monzo Shared tab, can multiple not add bills, pay their share of bills or request a share?

https://help.revolut.com/help/transfers/internal-transfers/groups/

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3

I think https://hyperjar.com/ might be the best option tbh. Others mainly require one person to pay then you pay them back

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