Join over 12 million Revolut customers.âI travel a lot. Very impressed with first use of Revolut.ââI recommend @RevolutApp to anyone. The company has been in the news -- for good and bad reasons -- this year and has grown rapidly since launching in Ireland a few years ago. Revolut says it has signed up a million users in Ireland Launch of junior app is its latest attempt to win over customers from traditional banks Wed, May 13, 2020, 00:53 And if the child's card is lost or misplaced parents can temporarily or permanently disable the card, just like with an adult account.Being able to switch on and off the ability to make purchases is another big plus for parents, and when coupled with in-app notifications will be invaluable in helping to make sure your child isn’t overspending when it comes to their weekly allowance.Additionally, and as an added safety feature, Revolut has made sure to print the child’s card details on the back of the card in order to reduce risk if the card somehow appears on social media.The clear drawback for free account users is the €40 cap on the monthly top-up amount allowed, which restricts parents to an allowance of just €10 per week.So, if you have a slightly older child or a teenager, this weekly amount might not be enough to keep them going every 30 days, especially if they live in a bigger, and more expensive, town or city.Being able to create only one account could also be an issue for parents with more than one child.
Watch this space, as they say. As it is a sub-account of your personal account, you are responsible for everything a Junior does using it as if you had done it yourself.The Junior can view any transactions made on their Revolut Junior account using the Junior app. Juniors do not. Both of these paid plans have no monthly limit, however there is an ‘annual top-up ceiling’ of €4,000.The paid Revolut accounts also have some new features by way of 'tasks' and 'weekly allowance'. If we can't, your Junior account may need to be closed.To provide services under the agreement we need to collect information from you, about your Junior. Revolut now also plans to launch its Revolut Junior product in Ireland, which first appeared in the UK in March. My child has a … Revolut Junior The new app, Revolut Junior, is ostensibly a money management app for kids aged between seven and 17. To access the Revolut Junior app, parents must first create an account from the primary Revolut app.
If you do not, we will transfer the amount of the negative balance from your Revolut personal account to your Revolut Junior account. A Revolut Junior account is a sub-account of your Revolut personal account that you allow a Junior to use. We do not accept any liability for how or where the Junior Card is used by your Junior.Remember, the rules on account and card use set out in the You can order one Revolut Junior card for each Revolut Junior account. For more information about how we use personal information generally, please see our By entering into these Junior terms you are giving us permission to gather process and store your Junior's personal information for the purpose of providing our services to you and them. Each card issued for your Revolut Junior account is issued to you and you authorise your Junior to use it on your behalf.
Juniors cannot make or receive transfers using the Junior app.You can send money to (and from) the Revolut Junior account, and keep track of how Juniors are spending that money, using the Revolut app. If we turn a merchant off, you can't turn it back on.You can only open Revolut Junior accounts in the base currency of your Revolut personal account.