8.50.0 Safe to install
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:
- Create an account promptly
- Download the app and engage in Money Missions for immediate learning
- Easily set up allowances, chores, and funds as a parent
- 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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