Great work Monzo - now the next project we want is a full US account⌠
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great to see children under 16 added to the mix, I have two questions, if parents has more than one child under 16 would they be able to add both child to the account and next question would the card be compatible with apple/gpay?
This has made me really happy today. Iâve been waiting on this for my youngest son.
And Iâm going to the Zoo. What a day to be alive!!!
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Hiya! Youâll be able to create an account for each child - weâre also working on Apple/Gpay, so watch this space 
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The obvious-to-me question: given that many under 16s have two parents, will parents be able to jointly manage the under 16 account? Will there be nice integration with parentsâ sole accounts and their joint account?
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ok thatâs great, thanks for the reply
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Not for me. Donât (and never will) have kids. Disappointed the blue card is for kids because I was looking forward to it thanks to @davidwalton.
Other than that, really excellent stuff, Monzo. Bit light on the details for now, but whatâs there is great and it seems like a fantastic addition to the market and your portfolio of products.
Monzo have been knocking a few out of the park lately. And the common theme? The savings/investments team arenât the ones batting.
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Iâm a grandad now, so not for me but can see the potential here so well done Monzo.
Everyone knows that technology to kids is natural, so having an âearlyâ managed bank account can only be a good thing in the development and understanding of the financial world 
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Amazeballs. I opened a Starling account just to give my kids the ability to have an account of their own that they can save, spend and manage their money.
Glad to hear that Monzo are providing a similar service but better.
So good that they can create savings pots of their own. This will make it so much easier to teach them good saving/spending habits from an earlier age. Bravo Monzo.
And good job on the cards. My daughter will be over the Moon that she can get a card in her favourite colour (yellow). A good feature to have multiple colours also. Much easier to tell whoâs card is whoâs (Whose? Whoms? Whomes? Hueâs?).
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Is 6 a particular legal age or just one chosen for this? Curious about that.
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Starlingâs is also 6. Would be interesting to know why though. Good Question.
Co-parents are very high on our list, but wonât be available for launch Iâm afraid!
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Since the account is fully owned and managed by the parent, I donât think thereâs any particular legal restrictions on the age of the child. Our research showed 6 as a good age to start introducing children to money, spending and budgeting!
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All amazing stuff⌠With a little clarification about â
Co-parentsâ not being available at launch.
What about Joint accounts?
Iâm guessing not, but itâs not totally clear from above.
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Isnât it the users that manage the child account rather than any accounts theyâre linked to?
Thatâs 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 weâre working on this. It wonât 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 - itâs about the people rather than which accounts they have. So if youâre the (currently only) parent who owns the childâs account, youâll be able to move money in and out of the childâs account from any* of the accounts/pots that you own, including your joint account
*Iâll leave which ones donât apply as an exercise to the readerâŚ
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