Details

Pros

  • Free with the parent's Standard plan
  • Pay in euros free of charge worldwide
  • Own Kids & Teens app (4.8★)
  • Apple Pay & Google Pay
  • Savings goals and task system
  • Automatic pocket money via standing order

Cons

  • A parent needs a Revolut account
  • No IBAN of its own for the child
  • 2% foreign currency fee on cash
  • Lithuanian banking licence (not BaFin)
  • Limited cash withdrawals

Fact sheet: Revolut <18

Company nameRevolut <18
Founded2015
HeadquartersLondon
CountryInternational
Customers 45.000.000+
Typeneobank
Website revolut.com/de-DE/kinder-teens/

About Revolut <18

Revolut <18 is the children's account of the British-Lithuanian neobank Revolut for children and teenagers aged 6 to 17. The account is free if a parent has a Revolut account, and offers a customisable debit card, savings goals, a task system and full parental control via the in-house app.

Special features

  • Kids & Teens app
  • Automatic pocket money
  • Merchant category blocks
  • Savings goals with interest