BusyKid Visa® Prepaid Spend Card for Kids
Empowers your kids to spend responsibly. Learn and have fun.
Updated: Jun 29, 2022
BusyKid is a great platform that can help you educate your kids on the importance of money for free. It can be used by all US citizens and allows parents to automatize the allowance process while promoting chores. They're fully modifiable, allowing parents to modify the chores and their respective values based on their wants. The platform itself is jam-packed with different features, all centered around proper child financial education. Parents can completely manage the BusyKid Visa Prepaid Spend Card, while still giving the child a lot of purchasing power. Anything your kid wants to buy, you will have to approve of first. BusyKid debit card is also affordable and comes with a 30-day free trial period.
ANNUAL FEE
$38.99
ONGOING APR
0% Fixed
INTRO APR
N/A
at BusyKid's Secured website
Apply NowApplication Fee
$0
Credit Reporting
No
Minimum Credit Needed
Accepts All
Key Features
- Motivates your kids to save, earn, invest, share and spend allowance wisely
- Pre-set chores and allowances based upon ages
- Full parental activity and account balances monitoring
- Teach shopping and gives spending freedom
- Allows investing allowance in stock for companies like Apple, Disney, or Netflix
- Easy to donate any percentage of allowance to 25+ Charities
- Pay bonus to Kids for any task, anytime
- BusyKid Prepaid Card is issued by MVB Bank, Inc., Member FDIC
Our Take
Everyone wants to teach their children about the value of money, and the importance that it has to a good life. It’s now effortless to do so, through amazing applications and cards on the chore market. BusyKid Spend Card is one such card, which gives you ample education opportunities. If you’re looking to teach your children about money from a young age, you will need some help. Why not combine allowance, chores, and education all within one single platform – the BusyKid Debit Card. As the name states, it’s a great way to keep your children busy while handling their allowance and it has full Visa benefits.
This service provides essential educational opportunities and is available family-wide. It gives you the chance to virtualize the allowance process completely while giving your child an ample option to learn about life through money, chores, stock markets, and charity!
What is BusyKid Debit Card?
BusyKid is a financial company, formed back in 2011. It was created by a financial planner, who was looking to teach children about money through the use of modern technology. The service strives to help kids develop good habits, and learn all there is to know about personal finance. The app also seeks to give parents a breather, allowing them to base their kid’s allowance on chores. It promotes education and duties.
What are BusyKid Features?
BusyKid comes chock full of different features, all of which promote education on financial topics. These features are centered around teaching kids everything there is to know about money, responsibility, and tasks at hand. The feature list is as follows:
- Chore Charts. This is a chart that allows parents to base allowance and chores on the age of the child. If your child is young, they’re going to get more straightforward tasks centered around that age. Now, this is also fully customizable, adding another level of app manipulation to the parent.
- Purchasing Power for Kids. BusyKid is based on the Visa platform, meaning that you’re going to give your child a lot of potential purchasing power. All the transactions need to be approved by the parent after they’re attempted.
- Stock Exchange Investments. Your little stockbroker is going to love this. The BusyKid platform allows children to invest their allowance into real companies like Disney, Apple, and Netflix.
- Donations to Charity. Sharing is caring, and this is why BusyKid allows children to share their allowance to a charity. There are over 20 charities to choose from, teaching your kid about the importance of charities and their work.
- Bonus Options. If your child has been performing tasks outstandingly, you can reward them with more allowance through the bonus options.
Best BusyKid Alternatives Available for Application
| Issuer: | Other Issuers |
|---|---|
| Network: | VISA® |
| Category: | Consumer (Stored Value) |
| Best Used For: |
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| Rewards: | No |
| Annual Fee: | $38.99 |
|---|---|
| Opening Min: | $10 |
| Application Fee: | $0 |
| ATM Fee: | See Terms |
| Other Fees: |
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BusyKid Visa® Prepaid Spend Card for Kids Alternatives
BusyKid Visa® Prepaid Spend Card for Kids |
| APPLY NOW |
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Annual Fee $38.99 |
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Regular APR 0% |
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Intro APR N/A |
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Min. Credit Level Accepts All |
IMPORTANT
*The information provided for BusyKid Visa® Prepaid Spend Card for Kids is believed to be accurate at the time of evaluation or recent update on June 29, 2022. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.
BusyKid Visa® Prepaid Spend Card for Kids
Reviews - (1 User Reviews)
September 7, 2021
Elaine
(56-65) - Cardholder
Income on Application
$
Credit Score
Excellent (740-850)
Credit Limit
$
Filed for Bankruptcy
No
Garbage
This BusyKid card is Garbage the app is hard to Maneuver, the money doesn't go straight to the card it takes days. Then they take extra money out of your account. This is the stupidest card I ever got for my grandson. Bad support, too!!
Fees & Charges:
2/5
Features & Benefits:
1/5
Customer Support:
2/5
Application Process:
2/5
BusyKid Visa® Prepaid Spend Card for Kids
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