Revolve is our simple, secure account for 11-18 year olds
No monthly fee
With this account, you can get a Visa debit card...
and a Mobile Banking app that’s safe and easy-to-use. It also offers interest on your balance.
This account is for 11 to 18 year olds who are UK residents.
Visa debit card
Visa debit card - in detail
You can use your Visa debit card to buy all sorts of things like train tickets, cinema tickets, snacks and drinks etc., so you don’t have to worry about carrying cash.
What you should know
We’ll send you a code called a PIN number. Don’t tell anyone this number. You enter it when you want to take money out of a cash machine, or pay for things in shops or online.
Mobile Banking app
Mobile Banking - in detail
Log in with your fingerprint on selected Apple and Android devices– it’s simple, secure and fast.
View your accounts – you can check recent transactions (things you’ve spent money on) and transfer money between your own accounts.
If you’re 16 or older, you’re able to pay family and friends - For example you can send money using their mobile number with Pay Your Contacts. It’s quick and easy (as long as they have our mobile app or are registered for Paym). Limits apply.
24/7 banking - in detail
Because you might want to access your Revolve bank account at different times of day, we’ve made it as easy for you to do it whenever it suits you through our Digital Banking or our Mobile Banking app.
Everyday support - in detail
Our Revolve bank account can help you become smarter with money. You can see anything you buy or cash withdrawals you make using your Visa debit card through Digital Banking or the Mobile Banking app. You can also set up text alerts to let you know when things happen on your account, so you can quickly see what’s what.
What are text alerts?
Text alerts are a really handy way of keeping track on your money. You can get a text alert to let you know when your balance is about to go below a certain limit, or to let you know what your balance is at a specific time. You can set them up when you fill in the online application form or in the mobile banking app.
Earn interest - in detail
Interest is when your money earns money. So, if you had £100 in your account, 0.55% interest would be 55p. In other words, you get a bit of extra money, just for keeping money in your account. Sweet.
What you should know
Interest is calculated daily and paid monthly.
Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
This means the interest rate you are paid before the deduction of basic rate income tax.