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Monzo v Hypejar - kids account

1 reply

AreYouBrandNew · 30/09/2025 12:02

For basic pocket money/small savings we’ve been using Hype Jar for DS10 and DS6.

Wanted account with interest so they can learn how it works so switching to Monzo for 3%.

Did anyone else do this switch? Did you ditch hypejar altogether?

we’ve got larger savings for them elsewhere so not chasing higher interest rate. Looking for primary children entry into banking

OP posts:
Flumpywoo · 07/10/2025 14:47

Yes I ditched HyperJar for my daughter altogether and went for a Monzo account, as HyperJar introduced charges if you transfer money more than a certain number of times under a certain amount. Closed the HyperJar account altogether (about 6 months ago, if not more) and haven’t regretted it!

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