It is a prepaid card and app and is linked to an adult Revolut account, so parents must already be a Revolut account holder.Ĭost: There are four different pricing plans to choose from up to £12.99 per month, including a free option. Revolut <18 (opens in new tab) is designed for those aged between 6 and 17.

Parents can set spending limits within jars and block spending from the account.

All kids’ jars are shared with a parent so you can track where money is spent.

It enables your child to manage their money in digital jars, with each jar having a different purpose, such as outings or new clothes. HyperJar Kids (opens in new tab) is a prepaid card and budgeting app designed for kids aged 6 and up. Set up regular payments to develop budgeting skills.Set chores for your kids to do to unlock their allowance.Option to set savings goals, as well as an interest rate on kids’ savings pots.Parents can set allowances and track kids’ spending.There are different accounts for different age groups and the monthly cost varies accordingly.Ĭost: core features are free then up to £1.99 per month. NatWest Rooster Money (opens in new tab) is a parent-managed pocket money app and card for kids between the ages of 3 and 17.

Set tasks for your kids and they get paid when the tasks are complete.

Money Missions feature to teach your kids about managing their money via quizzes and videos.

Option to set savings goals within the app and track progress.

Parents have a companion app to help them track their kids’ spending habits and set spending controls.

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Pocket for money