GoHenry: Kids & Teens Banking 8.50.0

GoHenry: Kids & Teens Banking 8.50.0

gohenry Ltd – Freeware – Android iOS
out of 8753 votes
Latest Version
8.50.0
image/svg+xml EXCELLENT User Rating

GoHenry offers a children's and teen's debit card and banking app that aims to educate young individuals aged 6-18 about earning, saving, and responsible spending. Through tools like automated allowance, task lists, and gamified educational content, users can enhance their financial skills before transitioning to real-world practice with their own debit card. Parents can monitor and provide guidance through the app's versatile parental controls. Noteworthy is the reported 92% increase in children's confidence with money matters since adopting GoHenry.

Benefits for Kids:

  • Automated Allowance: Weekly allowance automation fosters budgeting skills.
  • Savings Goals: Encourages saving habits with parent-controlled saving goals.
  • Task Lists: Rewards for completed chores emphasize earning potential.
  • Money Missions: In-app lessons boost financial literacy and incentivize savings.
  • Personalized Debit Card: Enables real-world application of financial skills, with various design options.
  • Fee-Free Transactions Abroad: Facilitates family travel with overseas transactions sans fees.
  • Money Management Tools: Allows children to track finances and gain valuable money management experience.
  • ATM Withdrawal: Provides access to cash withdrawals at ATMs when needed.

Parental Benefits:

  • Convenient Transfers: Schedule allowances and make instant transfers seamlessly.
  • Reward System: Task lists and rewards for chores incentivize responsibility and earning potential.
  • Real-time Monitoring: Receive notifications about your child's spending in real time on your mobile device.
  • Customizable Controls: Tailor spending limits and locations according to your preferences via the app.
  • Family Involvement: Family and friends can contribute money directly to your child's card through Giftlinks and Relatives accounts.
  • Educational Support: Access insights and tips in the Parent Space to aid your child's financial education.
  • Charitable Options: Teach children about charitable giving through optional in-app donations.

Benefits for Teens:

  • Mature Account Features: Transition smoothly into teenage independence with specialized services for teens.
  • Peer Money Management: Collaborate with friends by sharing or requesting money through the app anytime.
  • In-Person Payments: Receive payments using QR codes even from non-GoHenry users.
  • Savings Control: Set savings goals within the app for targeted purchases.
  • Diverse Earnings Options: Direct Deposits allow teens aged 14+ to receive wages directly into their account.
  • Contactless Payments: Secure Apple Pay integration for convenient payments on the go for users aged 13+.
  • No International Transaction Fees: Enjoy fee-free transactions abroad for hassle-free travels.
  • Budget Tracking: Stay informed about spending habits using spending maps to manage finances effectively.

To Begin Your GoHenry Journey:

  1. Create an account promptly
  2. Download the app and engage in Money Missions for immediate learning
  3. Easily set up allowances, chores, and funds as a parent
  4. Activate the issued card upon its arrival within 5-7 days

Lauded by over 54,000 reviewers worldwide, GoHenry maintains high ratings on platforms like Trustpilot and App Stores. Note: GoHenry is not a bank; the GoHenry card is issued by Community Federal Savings Bank under Mastercard International license. For detailed terms and conditions, visit their website here. Contact information: GoHenry US Address - 5300 California Avenue, Irvine, CA 92617 USA.

Overview

GoHenry: Kids & Teens Banking is a Freeware software in the category Business developed by gohenry Ltd.

The latest version of GoHenry: Kids & Teens Banking is 8.50.0, released on 04/04/2024. It was initially added to our database on 03/03/2024.

GoHenry: Kids & Teens Banking runs on the following operating systems: Android/iOS.

Users of GoHenry: Kids & Teens Banking gave it a rating of 5 out of 5 stars.

Pros

  • Teaches financial literacy to children in a fun and interactive way.
  • Allows parents to set spending limits and monitor their child's transactions.
  • Encourages responsible money management through saving, earning, and spending.
  • Offers a customizable chore and allowance system.
  • Provides educational tools such as savings goals and money quizzes.

Cons

  • Monthly subscription fee may be a deterrent for some families.
  • Not available in all countries.
  • Dependent on internet connectivity for real-time updates and notifications.

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