A PRE-PAID debit card and pocket money app for children is now available through NatWest.

Ahead of the half term holiday, the bank has integrated Rooster Money into its family of youth products. The NatWest Rooster card will be available for free for 12 months exclusively to the group's 19 million customers.

The bank will continue to make the product available to customers of other banks and has lowered the price for them to £1.99 per month, ensuring that families across the UK continue to have access to tools that build kids’ confidence with money and prepare them for brighter futures.

This is part of NatWest’s ambition to help more families move through the milestones of learning about money and prepare kids to confidently take the reins of their own finances.

Simon Watson is head of youth banking at NatWest Group. He said: “We want NatWest to be the easiest and most useful bank for families and young people.

"We know that parents have limited options in the market when it comes to products that help them easily manage pocket money and chores.

"NatWest Rooster Money now makes it easy and free for parents and carers who bank with us, and gives those who don’t a simple, cost-effective service that comes with the confidence of being backed by a bank.

“We’re continually looking at ways we can help people feel confident and capable when managing their money - whether that's through MoneySense, our free financial education programme for young people, or the Thrive programme, co-created with Marcus Rashford.

"We’re committed to helping boost young people's confidence around money and champion their potential.”

Will Carmichael, CEO of NatWest Rooster Money, added: “NatWest Rooster Money currently helps more than 130,000 customers each month, enabling independence for kids and reassurance for parents or guardians when it comes to giving kids a head start with money.

"Being part of the NatWest family supercharges our ambition to make a real difference by helping us reach millions of families across the UK.”

Whether it’s through using the free Star Chart and Virtual Pocket Money Tracker to kick-start money management, or a Rooster Card subscription, the relaunch will enable more families to access trusted tools for building their children’s financial future, through the NatWest Group.

For more information, visit RoosterMoney.com/feature/NatWest