Updated 3 weeks ago by Melchior Duc

Create a shared account

It only takes ten seconds to create a shared account. You just need to:

  1. Go to the "Accounts" tab, click on "+" then select "Duo Account" for an account to be shared by two people or "Group" for an account intended for roommates or vacations;
  2. Type a name for the account ("Couple", "Flatshare", "Holidays")
  3. Invite the people you want to share the account with (if they don't appear in the list, type in their phone number or their email address — they will receive an invite)
  4. Define the rights of every member (check out the description below to know more)
  5. Optional — Customise your shared account

That's it, your shared account is up and running!

Topping up and spending the money

It only takes a few seconds to top it up.

After making a transaction, users who are members of the account can add a description to it. The user simply clicks on the transaction in the transaction history and then clicks on "Add a note". After saving the change, it will be visible to all group members, making it even easier to share expenses.

NB: when paying online with a Shared account, you'll have to enter the Internet card holder's name into the merchant's online payment form. If you created the Internet card to debit the Shared account, you'll have to type-in your name.

👉 To experience the very best of Lydia shared accounts, upgrade to Lydia Blue or Lydia Black.

Managing participants' rights

When inviting people to your shared account, you can choose to give participants the following rights:

  • View the shared account's balance
  • Check out it Transactions' History
  • Spend the money stored in it
  • Manage participants: they will be able to add or delete participants

You will be able to modify those rights at any time.

Terms and Conditions

Only the shared account's owner can delete the account. He is also the only legal owner of the money that is stored in it.

By granting any of these rights to another user, the account holder accepts the risks associated with the use of his or her account, as explained in the Terms.

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