Why Kit?

Pocket money lessons are life lessons.

Parental controls

A prepaid card with set limits that kids can use with Apple Pay or Google Pay™ .

Schedule pocket money and jobs

Kids can tick off to earn money per job.

Create personalised goals

Kids can transfer pocket money to savings goals they create.

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.

Free Kit membership for eligible CommBank Yello customers*

Everyday benefit set get 12 months free Kit membership. 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.

How to redeem

Earn up to 5.00% p.a. interest with a Youthsaver account (eligibility criteria applies)

You can now link a Youthsaver account to Kit so your kids can:

  • Transfer their pocket money directly into their Youthsaver account
  • Earn bonus interest when they make at least one deposit and they grow their savings balance each calendar month (excluding interest and transactions initiated by the Bank)
  • Keep track of their savings in the Kit app.

Learn more

How to redeem your CommBank Yello code

1. Login to the CommBank app and tap 'CBA Yello'

2. Scroll to 'Get more from CommBank Yello' and tap on the Kit offer to view your unique promo code

3. Copy your unique CommBank Yello promo code

4. Download Kit and apply your promo code when prompted

Things you should know

  • Kit is a brand of CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 trading as HEY KIT. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 (CBA). CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia or its subsidiaries, and therefore you may be exposed to investment risk including possible delays in repayment and loss of income and principal invested, as relevant. CBA New Digital Businesses Pty Ltd has been appointed as authorised representative (001296799) of Hay Limited (ABN 34 629 037 403 AFSL 515459), who is the issuer of the Kit Account and associated Kit Cards. View the CBA New Digital Businesses Pty Ltd Financial Services Guide (PDF). Any advice provided is general only and does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. Please consider the Product Disclosure Statement (PDF), before making any decision about the products. Fees and charges may apply. View the Target Market Determination (PDF). Please visit Important Legal Information to access detailed terms and conditions about our app and the services, our Privacy Policy (PDF) and other important legal documents.

    CBA New Digital Businesses Pty Ltd (ABN 38 633 072 830), trading as Hey Kit, has been appointed as authorised representative (001296799) of Commonwealth Bank of Australia (ABN 48 123 123 124 AFSL 234945) who is the issuer of the CommBank Youthsaver account.

    Any advice provided is general only and does not take into account your objectives, financial situation or needs. Please consider the T&Cs, available here, and whether a Youthsaver account is appropriate for you.

    The target market for CommBank Youthsaver will be found within the product’s Target Market Determination, available here.

    Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence 234945.

    Subject to eligibility criteria. 5.00% p.a. total variable rate when you make at least one deposit of any amount into your account and grow your balance (excluding interest and transactions initiated by the Bank) each calendar month on balances up to and including $50,000. The total variable rate includes 2.60% p.a. standard variable rate and 2.40% p.a. bonus variable rate when the above eligibility criteria is met. For the portion of the balance over $50,000 and/or if the bonus criteria isn't met, only the standard variable rate will apply. Interest is calculated daily and paid monthly. Rates effective 17 November 2023 but subject to change.

    The Bank is authorised under the taxation laws to collect a Tax File Number (TFN), an Australian Business Number (ABN) or an exemption code.  It is not an offence if you don’t provide a TFN, an ABN or an exemption code, but by law, we may be required to withhold a portion of your interest earned on the account. 

    Apple, the Apple logo and Apple Pay are trademarks of Apple Inc. App Store is a service mark of Apple Inc. Apple Pay Terms of Use apply. Google Pay Terms of Use apply. Google Pay and Google Wallet are trademarks of Google LLC.

    * CommBank Yello is a customer recognition program offered by Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. Eligibility conditions apply – see the CommBank Yello page for full terms and conditions.