Starting today (3 September 2025), BUUT, the new bank from the creators of Tikkie, is available for download. „Designed specially for teenagers and their parents, BUUT helps young people take control of their money using handy pots that make payments and saving money easy.” – according to the press release.
„Simple to use, 100% visually driven, and aligned with the world inhabited by the new generation. On top of that, BUUT offers a personalised newsfeed with financial tips and tricks from experts, peers and educators. Like Tikkie, BUUT is part of ABN AMRO.” – the bank explained.
Financial challenges for young people and parents
More and more young people are financially vulnerable or unhealthy. Added to that, one in five parents feels unsure about how to teach their children to manage money.
Smart payments, savings and planning – all in one app
With BUUT, young people divide their money across various handy pots for payments and savings. You can use the payment pots – such as a pot for your clothing allowance or a pot for snacks – to spend money directly. If you pay with the BUUT card, you can easily select which payment pot you want the money to be deducted from. If the pot is empty, you can’t make any more payments from it. This makes budgeting clear and tangible.
You can also create one or more savings pots, for instance to save for bigger goals like a new phone or game. You earn 3% interest on savings up to €1,500 and 1.5% on amounts above this.
You can also send and receive Tikkies directly from a pot, ensuring the money always ends up in the right place. To get started, each user receives €25 of initial credit to put in their first pot. This amount is paid out as soon as the user has agreed an allowance with their parents and the first allowance payment has been deposited in the pot.
Sanne van Kuijk, Head of Growth at BUUT: “BUUT is perhaps more relevant now than ever. New generations are growing up in a digital age where money crops up everywhere: in online games, via finfluencers, crypto hypes, social commerce and get-rich-quick promises. Temptation and confusion are constant threats. BUUT helps young people take control of their money and the world around it. And we provide parents with solid ground in a financial reality that is very different from the one they grew up in.”
A full-fledged bank for a new generation
As part of ABN AMRO, BUUT is a full-fledged bank offering everything you would expect: your own IBAN, a debit card and the security of the Dutch Deposit Guarantee Scheme. A brand-new banking platform, the robust systems of ABN AMRO and the fresh look & feel of Tikkie combine to form the foundation BUUT is built on.
Annerie Vreugdenhil, Chief Commercial Officer Personal & Business Banking at ABN AMRO: “Younger generations don’t attach much meaning to cash. Our neobank BUUT reflects the digital world inhabited by the new generation, and as a bank that’s part of ABN AMRO, we comply with privacy and security regulations. The gap between traditional banking and young people’s expectations is significant, but not too big for us to bridge. BUUT provides children and parents with the tools to learn about money in a design that feels familiar and resembles social media. This aligns us with the changing world experienced by young people, while teaching them the value of money.”
All gone to pots
BUUT’s motto ‘All gone to pots’ is a simple rule with a double meaning. You create payment and savings pots in the app in order to take control of your money. At the same time, it’s a playful nod to the mistakes teenagers make and learn from. Sanne van Kuijk explains: “As a teenager, you sometimes mess up and that’s okay. It’s how you discover what works and what doesn’t. BUUT makes this concrete and clear: thanks to the pots, you can see at a glance how much you’ve got left, and you learn that ‘empty’ really means ‘empty’. This is a valuable lesson for young people and gives parents peace of mind.”
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BUUT is the new bank from the creators of Tikkie. Like Tikkie, BUUT is part of ABN AMRO. With BUUT, teenagers can use handy pots to save up money and make payments easily. The app is designed specially for a new generation – simple, visual, user-friendly and interactive. It Tikkie’s a different box than other banks. As part of ABN AMRO, BUUT is covered by the Dutch Deposit Guarantee Scheme and combines the reliability of a large bank with the fresh energy and innovative power of Tikkie.
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