Revolut Kids & Teens Savings
Kids & Teens Savings account
Create a savings space with your kid and earn up to 2,5% AER (variable).¹ Open a Kids & Teens Savings account with Revolut and get interest paid daily, flexible access, and built-in parental supervision. It’s a smart start to financial independence. Kids & Teens Instant Access Savings T&Cs apply.
Earn up to 2,5% AER (variable) with Kids & Teens Savings¹
Big dreams start with smart savings — see their money grow every day with daily interest, easy top ups, and tools to track progress.
AER (variable) stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. The interest rate is variable and subject to your selected plan. Kids & Teens Instant Access Savings T&Cs apply.
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The best of your online Kids & Teens Savings account in Netherlands
With daily interest, instant access, and parental controls, Revolut’s Kids & Teens Savings account is built for real life — helping your kid save with purpose and grow their money safely, every day.
Earn up to 2,5% AER (variable)¹
Grow your kid’s savings with daily interest — they’ll earn on every euro saved.
Access on demand
Withdraw anytime — together or with your permission. Whether it’s for a longterm goal or a celebration or holiday, their savings are ready when they are (and when you say so).
Save with no minimums
Start small and build up, with no minimum deposit required. Kids can save up to €4,200.
Your eligible deposits are insured
Revolut is a licensed EU bank. All eligible deposits held in your Instant Access Savings account, including your kid's savings, are protected up to €100,000 by the Lithuanian Deposit Insurance Scheme — giving you peace of mind with every top up.
Built-in parental supervision
You’re in charge. Set withdrawal permissions, track activity, or lock access if needed — all in-app.
Round up their spare change
Help them build healthy saving habits. Activate round-ups and every card payment will round up to the nearest euro — the difference goes straight to savings.
The kids bank account built for <18s
Designed for 6–17 year olds, a Revolut kids account empowers financial independence in a parent-supervised space.
From custom cards to daily interest on savings, it’s the smart way to help them learn, save, and spend responsibly.
Open yours now
You’ll need our current account first
Open your Revolut account to create a savings space for your kid, and manage it all from one place.
Join Revolut in just a few taps to unlock savings, instant transfers, and more — then invite your kid to join the journey.
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How to open a Kids & Teens Savings account
Open a Savings accountDownload the app
Have your kid download the Revolut — Kids & Teens app and create an account. If they’re 12 or under, you’ll need to create their account from your Revolut app.
Approve
If they’re 13 or over, we’ll send you a notification to let you know when it’s time to approve their account from your Revolut app.
Open a Savings account
Once their account is set up, you can open their savings account. Go to the Home screen in your Revolut app, tap on Accounts, select Savings, then follow the next steps.
Kids & Teens accounts are available for ages 6–17, and the parent or guardian must be 18+ and have a Revolut account.
Teens aged 13+ can create an account with approval from a parent or guardian. Payments to and from other customers on Revolut — Kids & Teens are only available to teens aged 13+.
Some products and features are only available for kids above a certain age. See availability in-app or in our FAQs.
Explore our best interest rates by plan
Choose the plan that fits your lifestyle — and get access to our best interest rates. From Standard to Ultra, you can earn between 1% and 2,5% AER (variable).¹
Additionally, customers on paid plans enjoy extras like travel insurance, airport lounge access, and exclusive card designs.
Paid plan fees and T&Cs apply.
The interest rate on a Kids & Teens Savings account depends on the parent’s Revolut plan.
Explore plansA little more future ready
A kids savings account is more than a place to stash cash — it’s the first step towards smarter money management.
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Get easy access to your kid's or teen's savings account
From their first phone to their next goal, your kid’s savings are there for the moments that matter. With flexible withdrawals and real-time visibility, they can save with purpose — and spend with confidence.
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Your kid's money, protected
Trusted with an estimated €36 billion in customer funds — our cutting-edge security features, and award-winning customer support, helped prevent more than an estimated €746 million worth of fraud in the previous calendar year alone.
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Kids & Teens Savings account FAQs
A Revolut Kids & Teens Savings account is an interest-earning savings account that’s created by a parent within the Revolut app. It’s designed for children aged 6–17 and linked to their Revolut Kids & Teens account. Kids can view their balance, add money, and — if approved — withdraw funds. Parents are the legal owners and can manage access and activity in-app.
Download the app.To open a Kids & Teens Savings account, the parent must first have a Revolut account. Once that’s set up:
- Go to Home in the Revolut app
- Tap Accounts under your balance
- Select Add new
- Tap Savings, then select the child you want to open it for
- Follow the prompts to complete setup
You can only open one Kids & Teens Savings account per child. Kids can also request an account directly from their Kids & Teens app.
Get RevolutTo be eligible to open a Kids & Teens Savings account in Netherlands, you must meet all of the following criteria:
- You currently live in Netherlands
- You are a tax resident in Netherlands
- You are a customer of Revolut Bank UAB in Netherlands
You can only apply for and manage your Kids & Teens Savings through the Revolut app. Kids & Teens Savings accounts are available in EUR only.
Interest is paid daily with the amount depending on which Revolut plan you're on.
From Standard to Ultra, you can earn between 1% AER (variable) and 2,5% AER (variable)
Interest is calculated daily based on your end-of-day balance, and paid straight into your kid's savings.
Revolut may vary the interest rates up or down. If your rate goes down, we'll inform you before the change takes effect. For a full list of reasons for an interest rate change, see the “Can my interest rate change?” section in the Revolut Instant Access Savings Terms.
No notice will be provided regarding changes to interest rates when you change your Revolut plan. You should confirm current interest rates prior to upgrading or downgrading your plan.
Yes. Both you and your child can withdraw money at any time — as long as withdrawal access is enabled. Funds are transferred instantly into the Kids & Teens account. From there, parents can choose to move the money into their own account if needed.
¹INSTANT ACCESS SAVINGS: Instant Access Savings T&Cs, Deposit Information Sheet, and Deposit Insurance Information apply. The rate is variable and can change in the future. The maximum eligible deposit amount is €100,000.
¹p.a. (per annum)
View Instant Access Savings T&Cs. Our T&Cs, Deposit Information Sheet, and Deposit Insurance Information apply. The rate is variable and can change in the future. The maximum eligible deposit amount is €100,000.