Starling Bank enables app access for children

23rd June 2021

  • Children aged 6-16 can now access Kite, a child-friendly space within the Starling app
  • Starling Kite is linked to a parent/guardian’s personal or joint account and can be customised by the account holder
  • Parents will be able to manage all their Starling finances in one place

23 June 2021: Starling, the leading digital bank, is supercharging its Kite debit card for children by giving users aged 6 to 16 access to the Starling app. Once permission is granted by a parent or guardian, children can check their balance, see transactions and receive real-time spending notifications on a smartphone or tablet.

The newly launched app access will give parents the ability to manage their family finances in one place, gaining greater insight into their children’s spending habits.

The space for Kite within the Starling app provides parents with a simple, secure, cash-free tool for managing pocket money without the need to set up a full bank account for their child. 

Kite is linked to a parent or guardian’s personal or joint account and allows customers to manage child, personal and business banking from one place. The Kite debit card can be ordered in the Starling app and arrives with the child’s name printed on it, giving them a sense of ownership and responsibility. 

Once Kite is activated, parents can have full line of sight over their child’s digital finances. They can check, control and limit specific functions, such as online payments and ATM withdrawals and set a daily transaction limit which can be adjusted as the child’s financial needs and awareness grows. For security and peace of mind, if a card is lost or stolen, it can be locked from the parent or guardian’s Starling Bank app. 

Helen Bierton, Chief Banking Officer at Starling Bank, said: “Research shows that only 37%* of children keep their money in a bank account. From providing real-time notifications to seeing their transactions listed in the app, Kite is the perfect way for both parents and children to educate themselves about digital banking together.”

Starling Kite is available for £2 per card, per month. Existing users will be able to help their children set up their own app access from launch.


Methodology

*Starling Bank commissioned Censuswide to survey 1,005 UK children aged 6-16 between 13 and 17 May 2021.

Notes to Editors

1. Parents/Guardians must already have a personal account with Starling before they can order the Kite card from the app

2. Starling Kite comes with a £2 monthly fee (per card) that’s charged to the parent/guardian’s account. Parents can set up as many as six Kite Spending Spaces on their account and their subscription can be cancelled at any time

3. There are no extra charges for transfers or ATM withdrawals 

4. Once children turn 16 they will be able to open a Starling Teen Account for 16-17 year olds

5. Kite is part of a parents/guardians personal or joint account. Any money that is set aside in the Kite Space is included in the account holder’s £85,000 protection, provided by the Financial Services Compensation Scheme (FSCS)

6. Kite cards include blocks for certain merchants in order to keep children safe. These include gambling merchants, nightclubs and bars

About Starling Bank

Starling Bank is an award-winning, fully-licensed and regulated bank built to give people a fairer, smarter and more human alternative to the banks of the past. It offers personal, business, joint, euro and dollar current accounts alongside a range of child and lending products. Starling also provides B2B banking and payments services through its Banking-as-a-Service model based on the proprietary technology platform that it uses to power its own bank. The Starling Marketplace offers customers in-app access to a selection of third party financial services. Headquartered in London, it has offices in Southampton, Cardiff and Dublin.

Contact:

Starling Bank Press Team

media@starlingbank.com

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