If you opt for the free version of BusyKid, you won’t get the card but you will be able to track and record your child’s chores. You can provide your child with an automatic weekly or fortnightly allowance. If the chores have not been completed, you don’t need to transfer the money. You can also add further paydays if you feel your child deserves them as part of the PayDay Anytime feature. You can also give one-off bonuses when your child has been extra helpful.
The app also encourages saving. With the savings match feature, you can match up to 100% of any funds they have saved during the week. Kids can add cash to their debit card, but they can also spend it on chores and donations to approved charities. You can add two separate parent accounts too, which is ideal for parents who no longer live together. The only way for one parent to access the other’s bank account is to source their PIN. BusyKid has also improved its customer service standards over recent years. You shouldn’t have to wait for more than an hour or two for someone to return your call if it’s not answered immediately.