BUUT

BUUT is the new bank for teenagers aged 10 to 16 and their parents. Created by the creators of Tikkie and part of ABN AMRO.

BUUT is free for you and your child. Your child does need a phone. Here's how it works:

Step 1: Sit down together and both download the BUUT app.

Step 2: Create your own account as a parent (grab your passport or ID card).

Step 3: Start your child's account.

Step 4: Invite your child and discover how the app works together.

We believe that you learn to manage money by doing it yourself. Make it a money game! Because with BUUT, you learn to save, pay, and budget with money. As a parent, you watch and gradually let go.

• With funds, you can easily see what's coming in and going out

• Make agreements together about pocket money and clothing allowance

• Pay directly from different funds with a single card

• Send Tikkies from payment and savings funds

• Tips from experts

Why is BUUT a Tikkie different?

#1 = funds

With BUUT, you divide your money between payment and savings funds. Uniquely, you can pay directly with it. For example, pay for your new shirt with your clothing allowance fund. This way, you keep track and learn how to manage your money.

#2 = tips for you and your child

You'll receive tips from experts and see how other parents and teenagers approach money matters. Teenagers also get tips, such as how to keep money safe and save.

#3 = make agreements

Pocket money and clothing allowance are set up quickly, and the money goes directly into the correct fund. Discuss together how and how much your child can pay. And arrange this in the app.

#4 = Easy and fun

No hassle, just an app that teaches your teen how to manage money. In a way that suits this generation. No words you have to look up first.

Security

BUUT is part of ABN AMRO. That's why your money is protected up to €100,000 under the Dutch Deposit Guarantee.

What if your child turns 17 or 18?

Your child can continue using BUUT even then. Because after the summer, our version for young people aged 18 and older will be ready. Our payment and savings accounts are and will remain super convenient, of course.