Overdrafts and Under 16s accounts

Under 16s can’t get an overdraft – payments will usually fail when there isn’t enough money in the account. If they try to spend money they don’t have, we’ll automatically decline the payment.

There are some exceptions to this – for example, if your child uses their card somewhere that doesn’t have an internet connection, the payment can still go through.

If this happens, we’ll automatically transfer money from your Monzo current account to bring the Under 16s account balance back to zero. We’ll notify you if this happens.