Monzo’s 16-17 Current Account Chat

That’s living in society of not being grateful for what you already have.

There’s nothing wrong with spending 11hrs on a game. I personally don’t/can’t do it, but it’s all about balance and what makes you happy.

Work, time for yourself, family time, education - it’s tricky to get right.

Social media heavily distorts this as people don’t post the boring stuff they do, only the fun things.

Pretty sure I spent longer that that on gaming during lockdown :eyes:

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I spent 10 hours raid-healing on WoW one day during lockdown (aged 58 at the time) and I felt completely shattered the next day.

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Yeah completely get it if you’re unable to do something else that would improve your finances or personal life.

Much like myself in lockdown!

Why does that matter? Not everyone is driven by money or career goals, and that’s perfectly fine.

Let people do whatever makes them happy :slight_smile:

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100% agree… but don’t be sat at home not contributing to society over fortnite.

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I honestly don’t believe a child has any interest sending money internationally.

The financial risk isn’t worth it as children are generally ignorant and don’t understand risk.

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Would just like to politely say i’m 16 and frequently send money from starling to relatives in germany and spain for birthday money…

Starling is really good when it comes to age equality, there are literally no differences between normal and teen a/cs.

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also on top of the fraud prevention point mentioned above… using monzo the other day to send money to a friend of a friend which was transferred to me as the person didn’t have a nationwide card reader on them (and they only had nationwide), and the payment of £75 was rejected by monzos fraud detection, which i have to say is excellent - i wasn’t at home, and i never usually transfer more than £30 to new payees.

Overall spot on prevention from monzo!

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Friend in question hadn’t setup card reader free banking yet :person_facepalming:

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They are slowly rolling it out so that you don’t need to use card reader to authorise payments can you biometrics instead ie fingerprint or face id

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Using that logic though - the elderly definitely shouldn’t have that feature either?

16+ usually have more fraud knowledge than the average 50-80yr old…

18+ is a Wise requirement (and by proxy Monzo) so given that Monzo have outsourced international transfers then it can’t (currently) come to the junior accounts.

Is it worth Monzo bringing it all in house so that some kids can pay internationally? Probably not.

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