I asked Monzo about what internal ideas they had about student accounts, and I received this reply: https://twitter.com/monzo/status/933799218896101377
Basically, nothing is yet planned. I looked around on the forum and found a few scattered threads, but they were mostly just really old and I didn’t fancy necro-bumping.
So, in this thread, I guess we collaboratively discuss what a potential Monzo student account would look like.
My ideas are:
- Strong money-saving features. It’s a student’s biggest concern and Monzo really has the potential to excel here.
- Interest-free overdrafts are pretty standard, and it would be hard to convince a student that they won’t need it. They do.
- Using AI to detect when problems arise and step in if needed, although this would probably be a great idea for everyone, not just students.
Post your own thoughts below.