You have to have a personal Starling Bank account to open a Starling Kite space No ability to set tasks or chores within the app.Free instant loads of regular transfers.Find out more in our ' Starling Bank review'. You can open a Starling Kite space within your own Starling Bank account but you cannot set tasks or chores within the app. Starling Bank* has launched a child's account that allows you to manage your child's pocket money whilst giving your children the independence to manage their own money. 1 NatWest Rooster Money account per household but you can subscribe to as many RoosterCards as you wish.Instant spending notifications with the prepaid debit card.Create an account with real or virtual money.10 free loads via BACS, direct debit or standing order a month (50p charge thereafter).For children aged between 6-18 (a virtual star chart is available for children 3+).£19.99 a year or £1.99 a month (1 month free).For more information read our ' NatWest Rooster Money review'. There are different account types which makes it suitable for children from the age of 3 to 18. You can set and manage tasks with the option of a prepaid debit card. NatWest Rooster Money* has a colourful app that is easy for parents to navigate and child friendly. NatWest Rooster Money - good for regular loads Quite expensive if you only want to pay small amounts of pocket money each month Manage your child’s allowance with spending limitsĮasy to navigate and great for teaching children how to manage money.Set custom tasks and chores for your child to complete.1 free load via BACS, direct debit or standing order a month (50p charge thereafter).For more information on GoHenry read our independent Go Henry review. Your child has the option to have a customisable card for free (usually worth £4.99) if you open a GoHenry account* via Money to the Masses. The app is easy to navigate and allows full access to your child’s account and spending habits. GoHenry* is a pocket money app for parents to teach their children about money. GoHenry - good for setting tasks and chores £2.49 a month / £28 a year (1 month free) Pocket Money Apps that charge a fee - Comparison Table For more information on each of the apps scroll down to reveal the features we like as well as the pros and cons. Best paid for pocket money appsīelow is a comparison table of the best pocket money apps that require a monthly subscription fee. A prepaid card is usually sent out as part of the signup process and parents and children can access the app with parents able to set tasks and spending limits. What is a pocket money app?Ī pocket money app is a money management tool that allows children to learn how to earn, save and spend money wisely. We provide a list of the main features, the pros and cons of each as well as two handy comparison tables so you can easily compare the best free and paid-for apps. A great way to help teach your children about money is to use a pocket money app and in this article, we take a look at some of the top free and paid-for apps. If you want to teach your children about money but are unsure of how to go about it, there are numerous tools and resources out there that can help.
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