There are many reasons why Jassby might be a good match for you and your child. Nonetheless, there are several things that you need to be aware of before you go ahead and sign up for the service. If your kids want to make a purchase in-person, they’ll need to ensure the store accepts Apple Pay. This could be difficult if you live in a small town where retailers are less likely to offer this facility.
It’s also worth noting that it’s not possible to withdraw money from an ATM with Jassby. This could be problematic in situations where your child needs access to physical cash. The card can only be loaded via the mobile app, but you’ll never have to worry about cards being lost as there are no physical cards.
A key benefit of choosing Jassby is that the subscription fee is one of the lowest-priced on the market. In fact, you won’t need to pay anything if you make at least one purchase with the virtual card each month. Even if you don’t make any purchases throughout the year, you won’t need to pay any more than $36 for this service.
Parents can add funds to their child’s Jassby account by linking their own bank accounts, debit or credit cards to it. Many parents have taken advantage of the six-month free trial period before going on to use Jassby permanently. Parents can switch the virtual debit card on and off whenever they like. For instance, the card can easily be powered off if your child has been behaving badly, performing poorly at school and you decide to withdraw certain privileges due to this. Kids are also given access to an in-app mall, where they can purchase over 20,000 products from big-name retailers. These include Nintendo, Apple and Starbucks.
Perhaps someone else would like to add funds to your child’s account? Many grandparents have sent money to their grandchildren via the app. If you are happy with this, you can permit a grandparent to link their bank account to your child’s Jassby account. However, grandparents won’t be able to override any of the spending controls that you have already set.
There are many options out there if you do want to provide your child with a physical debit card. However, many families have been faring just fine with Jassby thanks to the ever-growing number of retailers now accepting contactless payments. Jassby may well be the right answer to your child’s spending and saving requirements.