Can a 16-Year-Old Get a Revolut Account? All You Need to Know
Discover how 16-year-olds can open a Revolut Junior account for financial independence.
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Yes, a 16-year-old can have their own Revolut account. They can sign up for a Revolut Junior account, which is specially designed for users aged 6 to 17. This account allows them to have a prepaid card, learn financial skills, and manage their own money under parental supervision.
FAQs & Answers
- What is a Revolut Junior account? A Revolut Junior account is a financial account designed for users aged 6 to 17, allowing them to learn money management skills while having a prepaid card under parental oversight.
- Can parents control a Revolut Junior account? Yes, parents have the ability to manage and monitor their child's Revolut Junior account, setting limits and supervising transactions.
- What features does the Revolut Junior account offer? The Revolut Junior account offers a prepaid card, the ability to track spending, access to budgeting tools, and educational resources to improve financial literacy.
- Are there fees associated with a Revolut Junior account? Revolut Junior accounts generally have no monthly fees, but users should check for any specific transaction fees or limits that may apply.