All amazing stuff… With a little clarification about ’
Co-parents’ not being available at launch.
What about Joint accounts?
I’m guessing not, but it’s not totally clear from above.
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Isn’t it the users that manage the child account rather than any accounts they’re linked to?
That’s the assumption that needs clarifying.
Tied to a Joint account would be the dogs for a lot of people.
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My son is 5 ½ and beginning to show an awareness of managing money. I guess we will just have to hold off for 6 months before joining in the fun! 
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We know this is a key requirements for parents, so we’re working on this. It won’t be available at launch as there are a couple more things for us to iron out, but we know this will be key!
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Exactly as @Kumnaa says - it’s about the people rather than which accounts they have. So if you’re the (currently only) parent who owns the child’s account, you’ll be able to move money in and out of the child’s account from any* of the accounts/pots that you own, including your joint account
*I’ll leave which ones don’t apply as an exercise to the reader…
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Thanks @Sarahm
For early adopters, will it be easy to switch a kids account link from a Personal account to a Joint account?
Likely too early for an answer, but a flow through to what people really want must have a plan to get there?
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This is excellent news and the insight into the research and development made for a good read.
I wish this kind of thing had been around when my daughters were at that age.
Another step towards having a complete suite of products for every stage of life. Good stuff.
I wish the team well and hope it’s a great success (and I do like the look of that blue card)
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So happy to see this and can’t wait to get my 9yo started. Kudos to Hyperjar who has served us well until this 
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I can just imagine a new advert running on this alone!
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Just spoken to my younger brother and he said I can borrow his neon card 
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Shush
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Hi David, we don’t have a strict answer for this yet but we’ll definitely take this idea into account when releasing the co-parent experience.
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Thanks for the realistic response. I’ll certainly try the initial tied-to-Personal account iteration asap and switch to co-parent control when/if available.
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Been waiting for this. Just signed up for early access.
Will this work for multiple children at the start?
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Hi Michael, yes you’ll be able to create an account for each child 
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This is what I’ve been waiting for!
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This is great news!
Fingers crossed this is available before September so I don’t have to pay revolut for another year of plus for <18 accounts.
2 questions that I have
Will Co-parent feature be available with out a joint account. (Both need to be able to add and withdraw money)
Will the child be able to send/ receive money to other approved monzo users? I.e siblings/ grandparents/ relatives?
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@romainp
How will Monzo handle delayed transactions with the child account whereupon child account has insufficient funds at time of collection.
Case example. My kids have a hyperjar account. They have, say, £2 balance in their jar/account. Bus fare is £2 but bus company just take an initial 10p. Kids spend the balance as it’s available, only to then have insufficient funds when bus company comes to collect the balance of the fare, ie £1.90
I had hyperjar strictly because kids cannot go into debit. However, hyperjar take that £1.90 from my wallet, leaving me in debit and then send me snotty emails because my account is in debit.
Obviously, I’m not too concerned as not a proper bank account and so doesn’t report to CRA. HOWEVER, if Monzo do same protocol, I would go into an unauthorised overdraft as I have never had or used overdrafts in my life.
Suffice to say, I have now ditched Hyperjar and my child is currently using Revolut. Negative bridge not crossed yet with them.
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Hi Brad 
Will Co-parent feature be available with out a joint account. (Both need to be able to add and withdraw money)
Yes the co-parent experience won’t be available only to joint account holders.
Will the child be able to send/ receive money to other approved monzo users? I.e siblings/ grandparents/ relatives?
P2P transfers won’t be available from day 1 but it’s on our roadmap.
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