Revolut
Revolut Kids & Teens Instant Access Savings
Revolut · trans and savings accounts
Provider last updated this product 2026-08-13.
A savings sub-account linked to a parent's Revolut Personal Account intended for children aged 6 to 15, earning variable interest on AUD balances. Features and allowances vary based on the parent's subscription plan tier.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| VARIABLE | 3.00% | - | daily | - | Parent's Standard Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | calculated daily, paid monthly |
| Parent's Standard Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | ||||||
| VARIABLE | 3.00% | - | daily | - | Parent's Plus Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | calculated daily, paid monthly |
| Parent's Plus Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | ||||||
| VARIABLE | 3.65% | - | daily | - | Parent's Premium Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | calculated daily, paid monthly |
| Parent's Premium Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | ||||||
| VARIABLE | 4.35% | - | daily | - | Parent's Metal Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | calculated daily, paid monthly |
| Parent's Metal Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | ||||||
| VARIABLE | 5.05% | - | daily | - | Parent's Ultra Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | calculated daily, paid monthly |
| Parent's Ultra Plan p.a. variable interest rate. Interest is earnt and paid daily. Lower interest rates apply based on the total balance across all the parent's personal savings accounts. Rates may change at any time. | ||||||
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-08-22 | 2026-09-30 (current) | 5.05% |
Published figures as captured daily since 2026-08-22. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Features and benefits will vary depending on the parent's plan - see our website for more info. Plan-specific fees and benefits are tied to the parent's Revolut Personal Account
Who can apply
- min age - 6
- max age - 18Kids & Teens is intended for children aged 6 to 15. When the RKT user turns 16, they may migrate to a 16–17 account. At 18, they may move to a full Retail account. The RKT account is force-closed on the last day before their 19th birthday.
- natural personAvailable to children of eligible Revolut account holders only. The parent or guardian must hold a Revolut Personal Account
- residency status - Must be an Australian resident with a valid Australian residential addressAustralian residents including temporary visa holders are eligible. Non-residents are not eligible for an Australian Revolut account
- otherA parent or guardian must hold an active Revolut Personal Account to create a Kids & Teens sub-account. The Kids & Teens account is linked to and managed by the parent's account
Limits
- max balance - 699.00Maximum total balance for the RKT Savings sub-account is A$699.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-08-13T11:20:42.924538Z · Product ID: b3ad3f63-c3e5-4a92-ad48-e83edf32325e