GoHenry: Banking for Under-18s

Editor's Review

GoHenry by Acorns is the ultimate debit card and banking app designed for kids and teens aged 6-18! 🚀 This app is all about teaching young people the importance of earning, saving, and smart spending. With cool features like automated allowance, task lists, and fun educational quizzes and videos, kids can learn valuable money skills in an engaging way. 💰

What's more, they get to put their newfound knowledge into practice with their very own debit card! Parents can keep a close eye on things with flexible parental controls, ensuring a safe and educational experience. It's no wonder 92% of parents say their children are more money-confident since joining GoHenry! 💪

Key Benefits:

• Automated Allowance: Set it and forget it! Teach budgeting skills with automated weekly allowance. 🗓️
• Savings Goals: Encourage saving habits with child-led savings goals that parents can lock and unlock. 🔒
• In-App Task Lists: Motivate kids to earn by rewarding them for completing chores. ✅
• Money Missions: Boost financial literacy with bite-sized lessons. Kids save more after completing these! 🧠
• Prepaid Card: A debit card just for kids, with 45+ designs to choose from! 💳
• Travel-Friendly: Fee-free transactions overseas make family holidays a breeze. ✈️
• Money Skills: Track cash flow in-app and learn essential money management skills. 📊
• ATM Access: Withdraw cash when needed. 🏧

For Parents:

• Quick Transfers: Send money instantly with scheduled allowance and transfers. 💸
• Chore Incentives: Set task lists and reward completed chores. 🧹
• Spending Visibility: Real-time notifications keep you in the loop. 📱
• Flexible Controls: Choose when, where, and how much your child spends. 🕹️
• Family Gifting: Family and friends can send money via Giftlinks and Relatives accounts. 🎁
• Parent Space: Get insights and tips to support your child’s financial education. 💡
• Charitable Giving: Teach the value of helping others with in-app donations. ❤️

For Teens:

• Independence: A teen debit card with features just for you. 😎
• Split the Bill: Request or send money with friends easily. 👯
• Get Paid: Use QR codes to receive payments in person. 🤳
• Savings Goals: Set goals for those must-have purchases. 🎯
• Direct Deposits: Get paid wages straight to your account (14+). 🏦
• Google Pay: Fast and secure payments on the go. 📱
• Travel Perks: Fee-free transactions overseas. 🌍
• Spending Maps: Track your spending habits. 🗺️

Get Started Today!

1. Sign up.
2. Download the app & learn with Money Missions.
3. Set allowance, chores & add money.
4. Activate your card in 5-7 days.

With 54k+ 5-star reviews, GoHenry by Acorns is the trusted choice for teaching kids about money! 👍

Features

• Automated allowance for kids and teens

• Savings goals with parental controls

• In-app task lists for earning rewards

• Educational quizzes and videos

• Prepaid debit card for real-world practice

• Fee-free transactions overseas

• Spending tracker for teens

• Direct deposit for teens

Pros

• Automated allowance for budgeting skills

• Child-led savings goals with parental controls

• In-app task lists to teach earning

• Financial literacy with Money Missions

• Prepaid card for real-world practice

• Fee-free transactions overseas for families

• Spending visibility with real-time notifications

Cons

• Requires parental or guardian setup

• Limited ATM access for cash withdrawals