With a contactless children’s bank card, you can buy all sorts of things. Think train tickets, cinema tickets, snacks and drinks. That means you won’t have to worry about carrying cash.

You can make contactless payments up to £100. But if that limit feels a little too high, don’t worry. You can set yourself a lower limit, between £5 and £100, using your mobile app.

Learn how to set a lower contactless limit

What you should know

We’ll send a code for your kids bank card called a PIN. Don’t tell anyone this number. You enter it when you want to take money out of a cash machine or pay for things in shops or online.

Apple Pay and Google Pay™ let you make easy payments from your under 18 bank account using your phone.

They work by safely linking technology inside your phone with your bank account. So, paying for things is a doddle.

Apple Pay and Google Pay™ available for ages 13+ on selected devices. Retailer limits may apply.

• Direct Debits and standing orders are both types of automatic payments. But they’re a bit different from each other. Read our guides to see how they work.
• Standing orders are only available to those aged 16+.

Find out more about Direct Debits and standing orders

Interest is when your money earns money. So, if you had £100 in your Adapt bank account, 1.60% interest would be £1.60. In other words, you get a bit of extra money, just for keeping cash in your account. It might come in handy if you’re saving towards a goal.

Interest is calculated daily and paid monthly.

Annual Equivalent Rate (AER): This is a notional rate used for interest bearing accounts which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.

Gross Rate: This means the interest rate you are paid before the deduction of basic rate income tax.