Can I ask if itās still a requirement for both parent accounts to be using the beta app to access fully the features of Monzo kids? I can remember if I previously saw a post saying it was fully rolled out?
Kids can be managed on the general App Store version.
General version but the additional parent doesnāt get to fully manage the account, itās more limited than what the main parent can do. The main two things (at least for me) are that you canāt see card details or withdraw money
Under 16s savings accounts are now fully launched ![]()
Keep the feedback coming
Weāre always looking to improve, and your ideas really help. Let us know how you and your kids are finding the experience ā and what youād love to see next.
Great to see Monzo rolling out savings for under-16s. That said, Iām surprised this came before a Stocks & Shares JISA. For most families the real long-term goal is investing for a childās future, not just holding cash, especially given that savings rates barely keep up with inflation.
With financial literacy and investment awareness in the UK still so low, offering a child-friendly investing option would arguably have a much bigger impact. Is a Stocks & Shares JISA on Monzoās roadmap?
+1 for JISA.
Although Iām not sure how they would handle JISA implementation, as I believe you can open them from birth, but Monzoās junior account offering starts from age 6, and is technically an extension of the parentās account.
Major bug in this feature guys.
I opened 2 kids savings accounts for respective current accounts. Transferred the money but now canāt see or access the savings accounts. Looks like they should be in the savings section as when I go to edit layout they are selectable but not visible in the main screen.
No one answering your chat either!
Hi, Iām Zi - an engineer working on Under 16s accounts
You shouldnāt be able to add your kids savings accounts to your Overview screen (the home screen of your Monzo app). So we have now removed that from the list of options you saw when editing the layout.
Instead, to see your childās savings, tap their card (from your Home screen), and then scroll down the screen that opens, youāll see the Savings section with the savings there
Thanks for sharing this bug, itās meant weāve been able to improve the experience! Let us know if you have any other feedback
Just to add. Iām not sure how long you were waiting, but as an FYI, chat isnāt instant.
Leave a message and then youāll receive a notification when someone has responded.
Never did get a response to if the dog has a name - I do like the little quirky things like Hot Chip having a name etc ![]()
Disappointed that my 14 year old sonās wages canāt be paid into his Monzo account (there are no distinct bank details to give payroll). So we are forced to open Nationwide account. Shame as we love all other features.
When my kids spend their pocket money I get a notification ā[childās name] is rubbing low on fundsā and a suggestion to top it up. They get a weekly Ā£5 each Monday. (Can get more at 10p a chore).
Had the kids asking in a few museum gift shops canāt you pay me today and not pay me Monday. And Iām er nope I canāt go to my employer and ask for my pay to be paid a day or two early. Staff chuckling and agreeing at the conversation too.
So back to start of post, is there a way to turn the notification off especially with younger children. No point trying to get them to budget if they think they can get money any time they ask or Monzo thinks the balance in their account is a bit low.
Separately I seen for the first time in a shop on the UK where the kids used contactless and the payment terminal asked for a PIN (with app notification) and they didnāt need to insert the card first. They could just tap it on the screen.
Do U16 accounts have virtual cards? Weāre trying to find the best way to give our daughter some money each week for school break snacks but keep it separate from her normal spending⦠Ideally sheād create a āsnacksā pot with a virtual card attached, which we can keep topped up around Ā£10 or so. Iād like to avoid making her move money over every time she buys a snack, but also not mixing snack money (which we cover) with her own money.
edit: The original plan was to make her an additional cardholder on our NatWest credit card and have her only use it for snacks, but you need to be 18 to be an additional cardholder with NatWestā¦
While you can create a pot in a U16 account, I donāt believe you can create a virtual card linked to that pot or to the Child account itself.
