Monzo has made a big announcement to its millions of customers regarding access to one of its most popular accounts.

Like standard Monzo accounts, the youngsters receive a debit card and also have access to pots for saving. But parents can set limits on spending and turn cash withdrawals or online spending off.

Monzo has put its 11 million customers on alert over its decision to scrap the waitlist for their Under 16s product.

Monzo, the UK’s largest digital bank with more than 11m customers, today announced they are removing the waitlist for their Under 16s product – making it available for any eligible parents or ...

Monzo, the UK’s largest digital bank with more than 11m customers, today announced they are removing the waitlist for their Under 16s product - making it available for any eligible parents or ...

The account has regular Monzo features like savings pots, instant notifications, and scheduled payments for pocket money, and also comes with the choice of a neon pink, yellow or blue card ...

A popular bank with millions of customers has made a big change to accounts this weekend. Monzo has reduced the interest rates on one of its savings accounts following a recent cut to the Bank of ...

Monzo accounts can be linked to Apple Pay and Google Pay. Monzo offers savings pots within an account, where customers can ring-fence money for different purposes. Savings pots are instant access ...

Another handy tool is Monzo’s automated savings which either rounds up every transaction to the nearest £1 and sets aside the change in a pot, or automatically puts money aside every time you ...

Digital banks - online-based with no physical branches - have become very popular in the UK in recent years. According to research from Finder, around 40 per cent of UK adults already have a ...