Can you deposit cash into a branch or ATM?

Kit does not support cash deposits as we do not have branches or ATMs. 

If your child has a linked CommBank Youthsaver account connected to Kit, they can deposit cash directly into their Youthsaver account at a CommBank branch or ATM. Their Youthsaver balance will be visible in the Kit app. 

To make the money available on the Kit card, a parent will need to transfer the funds from the Youthsaver account into the child’s Kit account via the CommBank app.

You can transfer funds from any bank account to your child's Kit card using your their Kit BSB and Account Number, found in the Spend tab of their Kit app.

You may also choose to deposit cash into your own bank account and then transfer the money to your child’s Kit account. If you deposit the cash into the bank account that is set as your Boss Linked Account in Kit, you can transfer the funds within the Kit app by making a transfer from your Boss Linked Account directly to your child’s card.

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.