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.

Digital bank Monzo has scrapped the waiting list on its ... receiving pocket money or using a card to pay in a shop, all while providing parents or guardians complete control and visibility ...

The free account for children aged 6 to 15, is linked to the parent or guardian’s Monzo account, and provides children with a debit card and access to saving "pots". Not only has Monzo removed ...

When it was first launched, Monzo said it would give young people the opportunity to experience money milestones like saving, budgeting, receiving pocket money or using a card to pay in a shop.

Children can set savings goals, organise money in Pots, receive scheduled pocket money payments and customise their Monzo app. Kids choose their own pink, yellow or blue neon card. Parents have ...

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So to help decide which you should use, we’ve analysed four of the UK’s most popular digital banking providers: Monzo, Revolut, Starling, and Chase UK. Here’s how they compare for personal ...