Revolut Kids & Teens Instant Access Savings (Ultra) Summary
Description
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.
Benefits
- No monthly activity requirements for the ongoing rate.
Hoops
- Available to ages 6 to 15.
- Monthly savings-account fee of $99.99.
- Ongoing rate cap: $699. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Revolut Kids & Teens Instant Access Savings (Ultra) |
|---|---|
| Maximum variable rate | 5.30% p.a. |
| Ongoing interest rate | 5.30% p.a. |
| Base interest rate | 5.30% p.a. |
| Minimum age | 6 years |
Source: noren.com.au
All comparison details
| Base | 5.30% |
|---|---|
| Ongoing | 5.30% |
| Ongoing cap | $699 |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 6 |
| Max age | 15 |
| Fee/mth | $99.99 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 5.30% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 5.30% | Whole balance | Up to $699 |
Source: noren.com.au
Share/Export
Requirements
- No monthly deposit, growth, purchase or withdrawal-count interest qualification. Parent-controlled access through the linked Kids & Teens/Personal account.
- Parent must hold the Ultra plan. Fee/mth shows its monthly-billed subscription of $99.99, it is shared with the parent’s other accounts, not an additional child savings fee. Annual billing/cancellation terms may differ.
- A parent aged 18+ legally owns and operates the account. Child balances are excluded from the parent’s consolidated personal rate tiers, but included in the parent’s FCS limit.
Fees
- Monthly account fee: $99.99
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Revolut.
- Reviewed new-account cohort: Australian-resident children aged 6–15 nominated by an eligible parent aged 18+, with an existing Kids & Teens account.
- The current TMD specifies 6–15 for new distribution. Broader contractual/lifecycle ages do not establish new-account eligibility for older children. The 18+ welcome promotion is not available to this child account.
More from Revolut
Similar products
Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 28 Oct 2026.