Spend and pay in limits for new current account


(Paula bowen) #1

Hi
I’m just waiting for my new card and am really hoping to use the new current account ( when up and running) as my main account… 2 questions
Will the account be Abel to be a join account? And will there be a monthly/ yearly limit that can be paid in ?? We will be paying in around £90.0000 a year

Thanks


(Alex Sherwood) #2

Not when the current accounts first launch but they’re in Monzo’s plans -

We know that the limits will be higher but not what they’ll be yet. For what it’s worth, a limit on the amount that a user can deposit into their bank account would seem quite strange to me, whereas it does make sense for a prepaid card account that doesn’t have FSCS protection, can’t have money transferred out of it etc.


(Tom Warren) #3

Hi Paula,

@alexs has created a brilliant guide/wiki on the info we know about the current accounts so far, here’s the link so you can browse at your leisure. It’s regularly updated when more details are announced.


(system) #4

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