Membership Pricing

 

Kit helps you teach your kids to be great with money.

Free Membership

30-day free trial, then free with CommBank Yello*


  • Up to 5 children
  • Access all app features
  • Prepaid Kit card and transactional account per child
  • Link and earn interest with a CommBank Youthsaver account**

Free with CommBank Yello*

Single Child Plan

30-day free trial (zero cancellation fees)


  • 1 child
  • Access all app features
  • Prepaid Kit card and transactional account for one child
  • Link and earn interest with a CommBank Youthsaver account**

$3/month or $30/year

Multi-Child Plan

30-day free trial (zero cancellation fees)


  • Up to 5 children
  • Access all app features
  • Prepaid Kit card and transactional account per child
  • Link and earn interest with a CommBank Youthsaver account**

$5/month or $50/year

Learn more about Kit's Plans

Fees

Enjoy zero cancellation fees, no currency conversion fees on international transactions, and no card re-ordering fees.

Account Features

Each child account includes a dedicated BSB and account number, instant pocket money transfers, and a maximum balance of up to $5,000.

Card Features

Each child gets a Kit Visa card with ATM access and parental controls like spend notifications, spend limits, merchant blocks, and more.

Savings Features

Set up automatic transfers to savings goals, ‘Stacks’, and earn interest with a linked CommBank Youthsaver account.**

App Features

Access all app features, including gamified learning and chore tracking, install on multiple devices, and get personalised profiles for kids to manage money.

Frequently asked pricing questions

 

Kit charges a small membership fee to cover the cost of your account and card. This allows us to provide features that go beyond basic card functionality such as managing chores through PayDay, and financial education through just-in-time nudges and our new gamified learning ‘Money Quests’. For more detail on pricing visit heykit.com.au/pricing.

If you’re a new customer, you can start your little grownup’s journey to financial capability with a 30-day free trial. 

Kit membership is free for eligible CommBank Yello customers. To receive free Kit membership, share your CommBank Yello details with Kit, so we can check your eligibility and waive your Kit monthly membership fee if you are an eligible CommBank Yello customer. 

*Offers may vary at any time. Full T&Cs and details on how to activate the offer at heykit.com.au/commbankyello.

Your Kit membership fee will be automatically debited from the bank account you originally linked to Kit during set up. In the app this is referred to as your ‘Boss Linked Account’. Your membership fee will be debited on your anniversary date. The amount is related to the number of kids you have set up in the app.

Yes! Download the Kit App across multiple devices and log in using your existing credentials. 

Kit offers a multi-child plan for 2-5 kids, so you’ll need to pay for all children using the same payment plan. If you choose to pay monthly, your family will pay $5, or you can save by paying $50 annually. 

If you need any help reach out to our friendly Kit Customer Care Team on support@heykit.com.au. We are available 5 days a week, Monday to Friday from 9am to 5pm AEST.

CommBank Yello is Commonwealth Bank’s customer recognition program. To learn more about how CommBank Yello works and your eligibility visit commbank.com.au/commbankyello.

Kit membership is free for eligible CommBank Yello customers.*

*Offers may vary at any time. Full T&Cs and details on how to activate the offer at heykit.com.au/commbankyello.

To set up a Kit Account, you'll need to be:
  • 18+ years of age.
  • An Australian resident for tax purposes.
Make sure you have these things handy:
  • Australian Mobile Number
  • Australian Bank Details
  • Physical Australian Driver's License or Passport
  • Your child nearby

You do not need to be a CommBank customer to access Kit.  Kit is available to customers of any financial institution.

Our partner Hay Limited (AFSL 515459), whose Shaype platform is our third-party technology provider, is the issuer of the Kit virtual account and prepaid card. These financial products are distributed by Kit as Hay Limited’s Corporate Authorised Representative. Hay Limited is not an Authorised Deposit-Taking Institution (ADI).  Money held with Kit is not covered by the Financial Claims Scheme. Funds are held in a dedicated customer funds account held at CommBank. Refer to Important Legal Information for more detail. Hay has an Australian Financial Services Licence and adheres to strict standards set by regulators, the Australian Securities and Investments Commission (ASIC) and Australian Financial Complaints Authority (AFCA).