Revolut <18 vs Monzo - Mobile Banking Usage & Stats

Revolut ＜18 is the money app designed for 6-17 year olds. Sign up to spend, send, and set money aside. Check out what's in store: • Get your own customizable prepaid debit card (personalization fees may apply) • Smash your goals with Pockets • Round up your spare change to reach your goals faster • Make your money go the distance with spending alerts and analytics • Send and receive money between friends — just say "Revolut me" (minimum age restriction applies) How does it work? 1. Download the Revolut ＜18 app and create an account (if you're below the age of data consent, your parent will need to create an account for you from their Revolut app) 2. Get approved by your parent or guardian 3. Choose a prepaid debit card and personalize it with text, stickers, and doodles (personalization fees may apply), then order it from your parent's app 4. Add your card to Apple Pay or Google Pay to start spending straight away (minimum age restriction applies) Parents and guardians, this part's for you ↓ With Revolut ＜18, young people can manage their money independently. Teens above the age of data consent can sign up themselves, but you'll have access to security controls. If you have kids below the age of data consent, you can create an account for them from your Revolut app. Getting started: 1. Have your kid download the ＜18 app and create an account 2. Approve their account from your Revolut app 3. Order their prepaid debit card from your app (personalization fees may apply) Find your country's age of data consent ↓ In Bulgaria, Denmark, Estonia, Finland, Gibraltar, Iceland, Latvia, Malta, Norway, Portugal, Singapore, Sweden, Switzerland, the United Kingdom, or the United States: • Teens aged 13+ can create an account with parent or guardian approval • Those aged 12 or under (minimum age restrictions apply) will need a parent or guardian to create their ＜18 account from the main Revolut app • Referrals and payments to and from customers on Revolut ＜18 are only available to teens aged 13+ In Austria, Belgium, Cyprus, Italy, Lithuania, or Spain: • Teens aged 14+ can create an account with parent or guardian approval • Those aged 13 or under will need a parent or guardian to create their ＜18 account from the main Revolut app • Referrals and payments to and from customers on Revolut ＜18 are only available to teens aged 14+ In Australia, the Czech Republic, Greece, or Slovenia: • Teens aged 15+ can create an account with parent or guardian approval • Those aged 14 or under will need a parent or guardian to create their ＜18 account from the main Revolut app • Referrals and payments to and from customers on Revolut ＜18 are only available to teens aged 15+ (Referrals subject to feature availability in your country) In Croatia, Germany, Hungary, Ireland, Liechtenstein, Luxembourg, the Netherlands, Poland, Romania, or Slovakia: • Teens aged 16 and above can create an account with parent or guardian approval • Those ages 15 or under will need a parent or guardian to create their ＜18 account from the main Revolut app • Referrals and payments to and from customers on Revolut ＜18 are only available to teens aged 16+

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Monzo - Mobile Banking

Monzo is an award-winning mobile banking app that helps you save towards your goals, spend confidently, and manage your money in one place—all without any fees. Open a personal or joint checking account in just a few minutes. Earn $15 for you and your friend when you invite them to Monzo. Terms apply. WHY OVER 10 MILLION CUSTOMERS LOVE MONZO 🚫 Say goodbye to fees. No account fees, overdraft fees, or foreign transaction fees. 🌱 Earn up to 3.75% APY with our no catch instant access savings. 💸 Get paid early with a qualifying direct deposit**. 🏦 Connect all of your accounts and cards for an all-in-one view of your finances. ⚡️Instant access to cash with our network of nearly 40,000 free ATMs across the US. 🏆 Our award-winning support team is here to help 24/7. 🛡️ With Monzo, your money is insured up to $250,000 through our partner Sutton Bank, Member FDIC.¹ UNDERSTAND YOUR SPENDING HABITS Real-time notifications each time you spend on your debit card. Get money saving insights across all your bank accounts and credit cards. Set a target for how much you want to spend and we’ll help you stay on track. REACH YOUR SAVINGS GOALS Earn up to 4.25% APY on your savings, with a rate more than 9x the national average.* Set aside money for trips, bills, emergency funds, and more in a Savings Jar. Set a goal on a Jar and we’ll show you your progress as you save. Tell us what date you want to reach your goal by, and we’ll work out the regular deposit needed. Automatically contribute a portion of your paycheck towards your goals. Turn your spare change into savings with automatic roundups. SERIOUSLY SECURE With Monzo, your money is insured up to $250,000 through our partner Sutton Bank, Member FDIC.¹ Anti-fraud systems that make sure your money is safe, without adding friction for you. Protect your money with Touch ID, Face ID, and PIN. _______________________________________________ *The national average interest rate for savings accounts as posted on FDIC.gov, as of June 17, 2024. **A qualifying direct deposit is: an ACH deposit of $250 or more to your Monzo account; or deposit is made by your employer or payroll provider for payroll or pension payments; Or by a government agency for benefit payments (e.g., Social Security) Monzo’s Savings Jar Annual Percentage Yield (APY) is as of July 29, 2024. The APY may change at any time. Registered address: Monzo Inc, 447 Sutter St., Ste 405 PMB1025, San Francisco, CA 94108 The Monzo Mastercard Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. ¹Your funds are held at Sutton Bank, Member FDIC. Though Monzo is not an insured bank, money in your Monzo account is eligible for pass-through FDIC insurance that would protect up to $250,000 in the unlikely event that Sutton Bank failed. Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply, which you can learn more about on fdic.gov.