Two months after its release in France, the account Revolut Junior gets new features.
In full containment, Revolut formalizing an account and a card to a public of young minors. First available exclusively in the United Kingdom, the Revolut Junior has since been exported to the French market.
Today, it is experiencing its first major update with new features and a form available to the broader public. The fintech promises of new services in the coming months.
An account for clients ‘ children Revolut
Originally, the account Revolut Junior was reserved for the guests of the parents ” pay ” of the neo-bank Revolut. They must first have subscribed to the formulas Premium, or Metal in order to be eligible to this offer for their children.
The first new feature today is that this offer is now also available for the children of customers who have subscribed to the Standard offer (free of charge). By default, the formula Revolut Junior is made up of an account, a payment card and an application dedicated to the young holder. At any moment, parents can supervise and feed the account from their own application Revolut.
The customers free will, however a few restrictions in relation to the other : the delivery of the card associated with the account, Junior will be paid, and the monthly limit of the card is set to 40 euros. In comparison, the children of the parents Premium and Metal can spend up to 4 000 euros per year with this same offer.
A new series of features
In addition to these restrictions, the account Revolut Junior comes with new features reserved for paying customers. The first is called “Tasks” and allows you to associate a compensation to the young person to a service (doing the dishes, tidying his room etc). Everyone is free to define the task and the amount of the reward associated with it.
The second feature introduced by this update allows you to grant a weekly allowance to children – on the principle of pocket money. This allows them to be better able to ” plan their expenses with a regular income and predictable “.
Revolut is also planning to introduce the mobile payment on the account Junior ” before the end of the year “. As a reminder, the neo-bank offers to all its major customers the option to save their card to Apple Pay and Google Pay to pay for their purchases. Finally, it should also allow parents to link in the account Revolut Junior of their child to two accounts. For more information, here is our opinion on Revolut.
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