Free Kit Membership (Financial Literacy for Children) for Eligible CommBank Yello Customers

70

Go to Deal

AssociatedLBillycart2021 on 25/11/2024 - 14:53 heykit.com.au (225 clicks)
Last edited 26/11/2024 - 15:50 by 1 other user

Pocket money app and prepaid card

Kids can tick off jobs, set and reach saving goals, track spending and learn about money with fun quests. PLUS you can now link your kids' interest-earning CommBank Youthsaver account to Kit, making it easy for them to transfer pocket money into their Youthsaver.

• Parental controls: A prepaid card with set limits and merchant blocks.
• Personalised savings goals: Kids can transfer pocket money to savings goals they create.
• Schedule pocket money and jobs: Kids can tick off to earn money per job.
• Fun financial literacy for kids: Kids can play Money Quests with videos and quizzes to learn about money in a fun way.
• Transfer in real-time: You can transfer money in real-time via PayTo for one-off and recurring payments.
• Earn interest with Youthsaver: Kids can transfer pocket money directly to their Youthsaver account.

Everyday Plus and Homeowners benefit sets get free Kit membership ongoing. To continue to receive the benefit, you must maintain your CommBank Yello benefit set. Everyday benefit set get 12 months free Kit membership.

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  beltdrive on 25/11/2024 - 14:55

  +13

  Dollarmite cheque book or no deal

  • 

    Orpheon on 25/11/2024 - 15:35

    +2

    I thought I was the only one who remembered stuffing 50c coins into that poor yellow-brown plastic pocket…

• 

  ilovefullprice on 25/11/2024 - 15:10

  +1

  Does OP realize Heykit has a bad reputation in this community?: https://www.ozbargain.com.au/node/810298

  CBA stop throwing and wasting money on this. Do a scrape of the Ozbargain website and LISTEN to what people are saying about CBA Yello.

• 

  morestuff on 25/11/2024 - 15:34

  +6

  Does it teach children about banks being blood sucking parasites ?

• 

  T-man on 25/11/2024 - 16:28

  I teach my children how to spend money with cash, not with a digital banking app or card.

  • 

    beltdrive on 25/11/2024 - 16:29

    +1

    seems short sighted

  • 

    INFIDEL on 25/11/2024 - 17:03

    +2

    What's cash? 💸

  • 

    INFIDEL on 26/11/2024 - 11:13

    +1

    Still haven't got over the financial training received as a child!

    My Father was a Bookkeeper.
    He schooled me in Double Entry accounting aged 6. "You'll thank me for this some day!"

    So I wrote up my income (pocket money: 20c) & expenses (~$0).
    The book was audited each week.

    If there was any "unnecessary" spending (eg lollies) - he humiliated me!

    Had to present a solid case for any spending. I learnt how to present business plans!

    Left school with half the price of an inner city cottage. Bank agreed to loan the rest - as long as I had a guarantor for the loan. My Father thought I was crazy - NO!😲
    Prices quickly rose, I missed out.

    ---

    It didn't train me about money, just trained me not to spend.

    Sometimes still feel nauseous & guilty after spending money beyond necessities like groceries!

    I love travel, but often hitchhike & sleep on beaches in Japan. Justifying it as an "adventure". But miss out on pleasures I can now afford!

    ---

    Financial awareness is fine, just not to excess!!

    An accepted way has been to pay with cash - so the spending is visible.
    As you do with your children👍

    And establishing budgets.
    Moving onto much less visible CC & digital payments later.