Google Nearby has launched joint accounts that can be opened by personal account holders, and is looking to add saving pots to the new offering. Customers can switch between personal and joint accounts in-app, and will receive separate cards of a different design for their joint account. Those opening a shared account will receive a new card with a different design to the bank’s trademark hot coral number. Monzo Labs has added more information to the sign-up process about the potential for a financial link between two users to affect credit scores after joint account testers stressed lack of clarity. Meanwhile, rival fintech Starling launched its joint accounts in early July , using Challenger bank Monzo technology to facilitate applications.
Google Nearby has launched joint accounts that can be opened by personal account holders, and is looking to add saving pots to the new offering. Customers can switch between personal and joint accounts in-app, and will receive separate cards of a different design for their joint account. Monzo Labs has added more information to the sign-up process about the potential for a financial link between two users to affect credit scores after joint account testers stressed lack of clarity. Meanwhile, rival fintech Starling launched its joint accounts in early July , using Challenger bank Monzo technology to facilitate applications.