Spend and pay in limits for new current account

[alexs (Alex Sherwood)]

@Paula42

Will the account be Abel to be a join account?

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

How/Will Monzo convince the older generation to switch?

@iceman great to hear from you We’ll be looking at joint accounts once we launch current accounts later this year. Thee are a few different approaches we’re toying with. It’s a popular request and lots of discussion around this feature here. We want to do everything we can to make the transition between current accounts as seamless as we possibly can, and will be sharing some more details on exactly how this will work once confirmed.

@Paula42

And will there be a monthly/ yearly limit that can be paid in ??

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.