Wife & I are really enjoying shared joint account and shared pots, but on feature that we would really enjoy would be a second joint account with a second debit card.
While there are plenty of features like monthly summary categories and hashtags to manage expenditure we would like the ability to select from 2 different joint debit cards at the point of making purchases in stores.
Whilst I would support the endeavour, multiple accounts are not possible or planned on normal accounts so I doubt there are plans to make them available on joint accounts. If you just meant multiple cards on one account, they are not planned right now either but I can see their usefulness.
It’s probably worth clarifying it is technically possible to have multiple accounts - it’s not a backend restriction per-say. It’s not clear how we would make the user experience work so whilst you can technically have two joint accounts (there are some users in staging with a few!) we decided to launch joint accounts with only one account possible between two people It’s easier to expand that as the product develops, rather than have to reverse changes/remove functionality later down the line if it doesn’t quite fit
Would love multiple joint accounts. My partner and I have a joint account for general monthly spending (homewares, eating out, groceries) and another non-Monzo account for direct debits and rent which we pay X amount in at the beginning of each month and let it be handled entirely by DD.
Return to this thread again after opening another non-Monzo joint account for purpose of running our family finances. Simple but unexpected benefit wife & I now have two ‘different’ coloured joint debit cards loaded on our mobile phones. In our case one is dedicated to daily spending and the other bills. While I like the idea of pots with committed spending, have to admit directing purchases at the point of purchase has become essential to our budgeting. I hope Monzo will review policy on multiple joint accounts (and mulitple coloured cards)
I also feel that I need multiple joint accounts. I’ve just joined Monzo purely for the Joint account Pots feature. At the moment I have a bills account (with another bank ) a joint account with Monzo with multiple pots which are used for term-time /monthly spending related to kids school, music lessons/sports/drama etc these amounts are scheduled withdrawals at the beginning of the week , so during the week the balance is purely for the use of paying for my children’s lessons, school dinners etc and we don’t want to touch the balance for anything else. But I also have a joint spending account (with another bank) that I would like to move to Monzo - which is used for weekly food shopping, petrol, cinema. It doesn’t look like I can set this kind of functionality up with Monzo?
Thanks. The problem I’ve got is my joint monzo does not have any regular direct debits, it’s just a holding account for termtime expenses, all the payments I make for school dinners/music etc are ad hoc bank transfers of variable amounts or cash payments.
Yes that’s fine, that’s what I’ve set up - to dip in and out when needed. The issue is, I need an account that we use everyday for food etc. So what I will end up with is a joint account balance that contains designated money towards music/school payments which are scheduled withdrawals and also money for living on in the week for whatever I need (food, coffee, petrol etc) it’s very easy for one of us to forget what the money is there for and buy steaks - suddenly the kids music lesson money is gone on steak and wine (hope that makes sense!)