Monese has introduced its joint account offering for its customers in the UK and European Economic Area (EEA).

Customers can open the joint account with their friend, spouse, parent or housemate. However, both of them must have separate Monese personal accounts to become eligible.

How to open a joint account?

Monese customers can open the joint account by sending a request to their intended partner through the app.

Once the partner accepts the request, a new account is created for free.

Monese joint account: Features

The joint account holders will share a common account number and details. They will also receive contactless Mastercard individually for shopping and other payments.

Customers can also connect the card with Apple Pay or Google Pay to make smart transactions through your phone.

The account holders can set up direct debits and manage other payments and bills together with the account. All fund transfers to other Monese accounts are free.

In a blog post, Monese noted that the joint accounts will support up to €/£ 200 per month free global ATM withdrawals.

It will also offer up to €/£ 2,000 per month of foreign currency card spending.

Furthermore, Monese customers can earn up to £20 as referrals by inviting others to join.

“With advanced features such as shared spending notifications and transaction feeds, you and a friend, spouse, parent, or housemate, can stay on top of your expenses and set up monthly budgets to reach your savings goals together,” the blog post added.

In September, Monese partnered with cross-border deposits marketplace Raisin. The partnership will provide its personal account customers with access to the Raisin platform.