Meet the next generation: Monzo for Under 16s šŸŽ‰

… and from what Monzo employees have posted in the thread, a ā€˜co-parent’ approach seems to be planned which won’t be available just to Joint account owners.

I interpret this to mean the ā€˜co-parent’ approach will span 2x Personal accounts, rather than a single Joint account. I can see why this is preferred though, where parents have split, etc.

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In what way?

To me they all look organised and clearly differentiated.

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Those account don’t NEED to be in that section. You can move them.to the Accounts widget at the bottom.

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You can (if you want to) drag them into the other accounts section which is further down the page


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Beat me to it :rofl:

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As @anon90289270 and @Andyg68uk said, it can be moved - but, it should be moved from the start. Your child’s account should not be on the same level as yours, instead, it should be on the bottom in the other category. Not sure why Monzo hasn’t done this from the get go.

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Why not?

If nothing else, it gives it visibility for you to move it as you see fit.

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I’d like children’s accounts be in their own section. Previously I had regular pots with virtual cards for my children. One is still there as too young for an account. Would really like to be able to group them all together still rather than have them live along with my other external accounts (when not pinned).

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It’s not your account, it should be in a different section.

Perfect! :smiley:

I can see where you’re coming from but it is ENTIRELY mine.

So can money be added to the account by grandparents for example? I know it was suggested that there would be a workaround

I filled out the form linked to by the first post in this thread on the first day, but haven’t received an invitation email. Was I supposed to sign up in app as well?

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I believe it has to be sent to your account, and then moved into your kids account.

My child is 8 (younger is about to turn 5 so expecting a year of complaints about the older one getting something he can’t have yet) and we don’t allow own smartphone and don’t plan to got some time until mid/late teens. Not quite ready to upgrade the Mac mini to be able to run iOS apps there which would be the next best option.

Are children able to use the account without their own phone?

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You shouldn’t act like it’s your account, while you’re the overseer, it is registered to the child, no? Monzo should treat the child as the account holder and teach them about money. Revolut has a specific kids section for it, too - it should be incorporated into Monzo the same way.

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:wave: No problem, your child doesn’t need a device. They still get a card and you can oversee their spending in your app :slight_smile:

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Last time I checked, Monzo have restricted their app from running on the Mac. Unfortunately as that was the top app I wanted to run when I got an M1 Mac :sob:

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Yes and no.

The money legally belongs to you. It’s clearly outlined in the steps for creating the account.

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I’m not disagreeing with the legality part, I’m disagreeing with the part where you completely control it and don’t provide a way for the child to learn themselves. You should not be treating Monzo for Under 16s as another account, i.e, like another Monzo current account - it should be separate and treated as so.