Together, with whoever
A partner, spouse or someone who lives in your house. Shared accounts are for soulmates and housemates or anyone else as long as they’re eligible.
With a joint account you both get a pearlescent white debit card to use for your shared spending and saving.
Share, don’t split
Household bills and subscriptions or pet supplies. The weekly food shop, a meal out or booking a trip.
A joint bank account saves you needing to ask for money or wondering who bought what.
Grow your shared savings
Earn 4.00% AER interest (variable), paid monthly, on your combined savings with an Instant Access Savings Pot.
Already have one in your personal account? You can get an extra Instant Access Saving Pot if you open a joint account.
A fully licensed UK bank
We're authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.
Protection for your money
Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
A new way to bank
Online banking with features like instant spending notifications, simple ways to send money, Pots for separating it and monthly spending summaries.
Got a problem? We're here to help. Just message us in the app.
Spend abroad with no fees
Pay anywhere, in any currency, with no foreign transaction fees. We pass Mastercard's exchange rate directly onto you, without sneaky fees or extra charges.
A clear financial view
Head to Trends to see your spending and saving activity by account, or view multiple accounts together.
You’re financially linked to whoever you open the shared account with
When you open a Monzo Joint Account with someone, you become linked to them financially. That means you can be jointly credit-scored, and their credit history can have an impact on yours.
Overdrafts are only available for personal accounts
You can have an overdraft in your personal account but not your joint account.
You need photo ID and a personal account to open a joint account
We accept passports, driving licenses (provisionals are fine), national ID cards and biometric resident permits. You also need to be at least 16 years of age and live in the UK full time.
You’re joint owners of whatever’s in your joint account
Even if one of you contributes a lot more money, legally anything in the account is split equally. It’s important you trust who you’re planning to open a joint account with.
You can close your joint account in the app
First, you or the person you share your account with need to withdraw all the money from your joint account. After that you’re free to go ahead and close the account from in the Monzo app.