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bankaroo virtual bank for kids

Name: bankaroo virtual bank for kids
Availability: InStock
Rating: 3.79 (100 reviews)

Join thousands of families using our gamified ledger to automate allowance, track chores, and teach children the value of money in a safe, cash-free environment.

Key Figures

Downloads

10K+

User Rating

3.8/5

Total Ratings

100

Publisher

Rodgers Finance LLC

Financial Literacy Made Fun and Stress-Free

Bankaroo is a virtual ledger that helps kids manage their allowance and set savings goals, giving parents a risk-free way to teach real-world money skills without the need for physical cash.

Automate the Allowance IOU

Never forget a payday again. Set recurring virtual deposits so your kids can track their earnings automatically, solving the 'I forgot my wallet' dilemma.

Goal-Based Savings & Badges

Turn saving into a game. Kids set personal goals for toys or games and earn digital badges as they reach milestones, fostering long-term financial discipline.

The following screenshots and description are sourced directly from the app's official store listing and are the property of the app developer.

App Store

Screenshots

bankaroo virtual bank for kids - Bankaroo app interface showing a child setting a new financial goal to save money for a game. — Bankaroo app interface showing a child setting a new financial goal to save money for a game.

bankaroo virtual bank for kids - Bankaroo virtual bank for kids splash screen featuring a rocket ship with a fox character. — Bankaroo virtual bank for kids splash screen featuring a rocket ship with a fox character.

bankaroo virtual bank for kids - A screenshot of the Bankaroo app showing a First Goal Achieved pop-up with a mountain illustration and a social sharing option. — A screenshot of the Bankaroo app showing a First Goal Achieved pop-up with a mountain illustration and a social sharing option.

bankaroo virtual bank for kids - Screenshot of Bankaroo app interface showing a child's balance and savings goals — Screenshot of Bankaroo app interface showing a child's balance and savings goals

bankaroo virtual bank for kids - Smartphone screen showing Bankaroo app dashboard with multiple kids accounts and balances — Smartphone screen showing Bankaroo app dashboard with multiple kids accounts and balances

Description

Bankaroo is a virtual bank for kids, helping them manage their allowance, gifts, and chore money. Created in 2011 by 11-year-old Dani, Bankaroo is helping hundreds of thousands of kids around the world manage their funds and become money-smart. Using gamification and a simple, bright interface, Bankaroo helps parents teach their kids the value of money. Both parents and kids have access to the kids’ accounts, where kids can save up for goals and earn badges and parents can track where their kids’ money is invested. Kids can even earn interest on their savings! Bankaroo Plus (available as a one-time in-app purchase for $4.99) adds features like checking, savings, and charity accounts and gives you the ability to transfer money between siblings and between accounts. Key features for kids: ================= - Get an account where you can make sure your parents routinely give you allowance - Record every expense you made, and always know how much you have. - Save up for more expensive goals like games and toys. You’ll get a cool badge when you reach your goal! - Set recurring payments for things like online memberships. Key features for parents: ================= - Get your kids a recurring allowance or add funds to their account manually. - Your kids will know if they have enough in their account for the things they want to purchase. - Deduct their purchases from their account, or better yet – have them deduct their purchases so they can understand the implication of spending money. - You can use Bankaroo as a point system to encourage good behavior Bankaroo is used by schools nationwide as part of their curriculum to educate kids about money and its value. Some comments from our members: ============================== “Excellent for piggy-banking. We and our kids love this app. It works well and gives the kids a sense of how to set goals and save. The developer is responsive and active, which is a huge plus.“ – The Huang Family “Best kids bank out there & Super responsive help if you have a problem AWESOME customer service. Very responsive developer. BEST kids bank app by far (and I researched/tested this extensively, even paying for one lousy one).“ – Kathleen M.