Best Joint Bank Account?

Natbag

My partner and I want to open a joint bank account for our mortgage payment and household bills to be paid from. I’m with Monzo, but my partner isn’t keen on having to open a personal account with them first to then get a joint bank account as well. But I really like Monzo’s features (pots, budgeting, real time updates, predictions, etc). 

Can anyone recommend a similar joint bank account with similar features that can be set up without us both having to hold a personal account with that bank first please? Or are we best just going with Monzo? 

Thanks in advance! 

ZeroSum

Virgin has a linked savings account with pots

But best for bills is Santander 123 lite.
Get cashback on council tax, utilities & comms

Swoosh84

NatWest have something similar but not as feature rich as Monzo. Personally, I use third party software for this though, for example the Emma app will do all that you need and it allows you to connect accounts from multiple banks into one app to manage your finances.

Monetary wise, you would be better off with a NatWest reward account (other reward accounts are available with other banks). You will get £36 per year in rewards and their savings account is decent to paying 3% APR up to a maximum of £1k, so another £30 a year. You can also get their reward credit card which pays cashback, I get around £60 cashback a year from that. So £126 extra a year for doing nothing different to what I would normally do is a win imo 

The NatWest App allows automatically categories each of your spending for example: bills, groceries, entertainment. You can set budgets on these too and view historic spends on each category.

Any reason you going for a joint account? Not something I enjoyed personally. Lost alot of financial independence. You could both keep your existing personal accounts and open a 3rd account with a mainstream bank which you both send a standing order to each month to cover the bills.

J

md258

I would say a joint account is perfect for your situation, but keep your individual ones too. Use the joint account for just bills/mortgage and keep your individual ones for your pay/spending etc

@Swoosh84- I read the OP as getting an additional account rather than closing their individual ones, but I may be wrong

Natbag

Yes, sorry, we will be keeping our individual ones too. We just want a joint one for bills, but will still maintain our own independent finances. But we don’t want to have to open more individual accounts just to get a joint account.
Thanks for the advice, will take a look at those!