You can do this in the app.</p> <p>If you have both a Monzo personal and Monzo joint account, you have one fee-free ATM allowance across both.</p> Your money is protected by the FSCS 💰 <p>Any money in your Monzo account is fully protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).</p> 16-17 year olds 👦 <p>If you're under 18 you won't be able to apply for an arranged overdraft or loan and we won't charge any fees if you go into an unarranged overdraft.