GoHenry Kids Debit Mastercard®

Financial learning app and debit card for teens, kids and parents

Updated: Jul 4, 2024

Advertiser Disclosure

GoHenry is a fintech company offering a Mastercard debit card for kids and a financial learning app. A group of parents formed it in 2012 to teach their children how to manage their own money and avoid debt. Consumers met the innovative idea of teaching children money responsibility on real-life examples with enthusiasm and support. As a result, the company has more than two million members across the USA, and the UK. The main feature of the GoHenry debit card for kids is that children aged 6-18 can use it. Of course, their parents monitor their accounts, but they give the children the necessary freedom and responsibility to manage the available funds independently.


See Terms


0% Fixed



25 User Ratings

GoHenry Kids Debit Mastercard®

at GoHenry's Secured website

Apply Now

Application Fee


Credit Reporting


Recommended Credit Score

Accepts All

Key Features

  • 30 day free trial
  • The debit card & app that helps kids learn about earning, saving, spending, giving, and more
  • Set tasks and kids get paid when they're done, or set up weekly allowance transfers
  • Kids can choose from 45+ designs and personalize their debit card
  • Log into companion apps for parents, kids, and teens, with features tailored to the children's age
  • Access in-app learning with brand new stories and bite-sized lessons for ages 6-18
  • Get real-time notifications, set spending controls, and instantly lock and unlock the card
  • The GoHenry card is issued by Community Federal Savings Bank, Member FDIC
  • Accounts are FDIC-insured up to $250,000

Our Take

Unlike other children’s accounts, GoHenry Kids Debit Mastercard and app allow parents to track their kid’s spending activities first-hand. That enables parents to fully understand their children’s financial habits and intervene on time when necessary.

GoHenry Kids Debit Card is Best for

  • Parents looking for a reliable financial platform for their children
  • Teaching children the importance of money responsibility
  • Accelerating learning with in-app Money Missions
  • Tracking kids’ real-time spending
  • Having a personalized card with customizable features

What Are GoHenry Mastercard Advantages?

This debit card for teens comes with numerous advantages for its users. Let’s go over some of the most important.

Free trial

With this card’s one-month free trial feature, you can access and experiment with all the available features for an entire month. If you like the service, you can begin paying the membership fee starting from the second month. The monthly membership fee is withdrawn from the attached debit card or the parent account.

Tracking spending

If you’re curious about what your kids spend their weekly or monthly allowance on, this platform will provide you with all the answers. It notifies parents about where and how much money their children spent, so tracking your kids’ spending with this Mastercard is a piece of cake.

App notifications & spending limits

Closely related to the previous point, the platform sends real-time app notifications. Besides helping parents track their kids’ spending, the app notifications are an easy and helpful way to find out where your children are once they head out.

The primary purpose of this account is to provide parents with the tools they need to nurture their kids’ healthy money habits. The parent account provides transparency into where your kid spends their money, and parents can set spending limits to manage their children’s finances seamlessly.

Automatic payments

Stop thinking about whether your children received their weekly allowance or not. With this platform, you can easily set up automatic payments and repeat them for as long as possible. Whether you want to automate your daily, weekly, or monthly payments, you will have all the customizable tools and features necessary to complete payment automation quickly.

No overdrafts

Most parents worry about overdraft fees and expenses once they get their kids a credit or debit card. However, that’s not the case with the GoHenry Mastercard. The company automatically declines transactions that the existing balance can’t cover, so there’s no way to spend more money than on the account.

Money Missions

Being financially conscious is highly important, and this fintech company understands that. That’s why children can find many interactive tools that will help them learn more about spending, saving, investing, and borrowing. Cardholders can educate themselves on the financial basics and earn valuable points, from fun videos to unique quizzes.

Custom tasks & saving goals

Completing chores and tasks for a small sum is the most popular method of educating children on the correlation between work and earning. You can now implement this feature in this company’s mobile app. Namely, you can set up one-time or repeating chores and tasks your children must complete. Each task can have a different payout amount you can transfer once you or your kid mark it complete.

Set unlimited saving goals and work together with kids to plan future purchases.


The mobile app is helpful even if you’re co-parenting. Co-parenting can be less complicated and more streamlined since you can add more separate funding sources.

Does GoHenry Debit Card for Kids Have any Disadvantages?

Yes. Although the GoHenry Mastercard for kids has some of the most impressive features, it still isn’t perfect. Here are some of the disadvantages you should consider before applying for this kid’s debit card and app.

Monthly fee

After the first free month, the monthly fee for using the services is $4.98 per child or $9.98 for Family Plan. While the monthly fee exists, the GoHenry cost isn’t very high compared with other similar apps.

Limited daily load

Parents using this service are limited to $500 a day for financing their subaccounts. In addition to the maximum daily load, only three per day are available, so parents might need to plan their payments to get the most out of them.

Limited subaccounts

One parent account can have only four subaccounts. While having four accounts for children is enough for most families today, that’s not the case for larger families. Therefore, if you have five kids or more, you need to open an additional primary account.

Call to cancel

Although the app’s primary purpose is to help children aged 6-18 manage their spending, your kids can still use the platform after they turn 18 but only until their card expires. Canceling the account requires parents to call customer support and avoid unnecessary membership fees. Being unable to do it online or in the app may not be very convenient.

How Much Does GoHenry Cost?

GoHenry only costs $4.99 per month, including a card for children, a free downloadable parent app, and fun incentives for kids to earn, save, and give.

FREE TRIALIndividual PlanFamily Plan
YES$4.98 per month$9.98 per month
All PlansFor 1 childUp to 4 children

What Makes GoHenry Mastercard Different

Parents created this debit card for kids with a unique concept in mind, and most of its features are different from other platforms and apps on the market. What makes it different are the 3 following features:

  1. A single app designed for the whole family, although tools differ for parents, kids, and teens;
  2. Encouraging children and teens to learn about saving and spending through interactive in-app lessons;
  3. Providing transparency into children’s spending habits through real-time notifications.

How GoHenry Compares to Other Teen Cards

GoHenry vs Greenlight

These are two popular and competing options for kids and teens to manage their money. Greenlight Mastercard offers 3 plans for the entire family, whereas GoHenry charges a fee of $4.98 per month per child or teen or $9.98 per month per family. When it comes to features, both services offer parental controls, transaction tracking, and educational apps. However, Greenlight has more advanced features such as investing and cashback which makes it a better educational tool for kids. GoHenry is focused exclusively on helping children master money management with banking products such as spending, saving, or giving money. Both services have 30-day free trials available so parents can decide which one is best suited for their family’s needs. Read the full Greenlight Review article.

FamZoo vs GoHenry

GoHenry and FamZoo are both excellent options for families who want to help their kids manage their money. The GoHenry is an affordable entry-level debit card with a great mobile app and a no-cost first month, while FamZoo Debit Card also offers an affordable family plan that includes multiple kids even at the basic level. GoHenry lets parents choose whether the card is used for spending or earning, while FamZoo helps kids learn financial responsibility with its parental controls, transaction limits, and rewards system. Both products have their own strengths, so it’s important to evaluate which one best fits your family’s needs. Read the full FamZoo Review article.

Gohenry Free Alternative

Till Financial is the perfect way to teach kids about money management and financial independence. The app and Till debit card is free, and it’s designed for kids of any age. Parents can easily send money to their kids, and kids can use a debit card to manage their funds with no ATM fees. With direct deposits, parents can also set up regular payments for their kids so they’re always on top of their finances. Plus, Till Financial also offers tons of educational resources to help teach kids about investing and budgeting so they can make smarter financial decisions now and in the future. All in all, Till Financial, is a great way to give your kids financial freedom and the tools they need to make wise spending decisions.

Other Options

Bottom Line

GoHenry is one of the fastest-growing apps and kids debit cards for parents and children. However, it can do much more than provide parents with transparency in tracking their kids’ spending activities. Namely, this platform is the perfect tool for teaching your children the importance of carefully managing their funds. The app offers educational material and numerous helpful videos and quizzes suitable for different ages. The app and the GoHenry Kids Debit Mastercard can serve as your foundation for building a reliable, honest, and healthy relationship with your kids when it comes to finances.

Frequently Asked Questions

Apply Now
Basic Information
Issuer: Community Federal Savings Bank
Network: Mastercard®
Category: Consumer (Stored Value)
Best Used For:
  • Instant Decision
  • Guaranteed Approval
  • Teen Debit
  • No Foreign Transaction Fee
  • EMV Chip
  • Young Adults
  • No Credit / New to Credit
  • Debit Card
Rewards: Yes
Reward Types:
  • Other Rewards
Reward Units: Cash
Rates & Fees
Annual Fee: See Terms
Opening Min: $1
Application Fee: $0
ATM Fee: $1.5
Other Fees:
  • Monthly Fees: $3.99 or $6.99
  • Purchase fee: $0
  • Card load fee: $0
  • Cash reload fee: N/A
  • Customer service (calls): $0
  • Inactivity fee (after 12 months): $0
  • Online transaction fee: $0
  • Offline transaction fee: $0
  • Card replacement (same design): $0
  • Card replacement (different design): $4.99
  • Personalized card fee (optional): $4.99
  • Balance inquiry fee: $0

GoHenry Kids Debit Mastercard® Alternatives

GoHenry Kids Debit Mastercard®

GoHenry Kids Debit Mastercard®


Annual Fee

See Terms

Regular APR


Intro APR


Rec. Credit Score

Accepts All

*The information provided for GoHenry Kids Debit Mastercard® is believed to be accurate at the time of evaluation or recent update on July 4, 2024. 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.

GoHenry Kids Debit Mastercard®

Share your experience and rate the GoHenry Kids Debit Mastercard®
GoHenry Kids Debit Mastercard®

GoHenry Kids Debit Mastercard®

Rec. Credit Score: Accepts All

Save to Compare

My Saved Cards (0)

Compare Saved Cards

Market Pro Secure® has made it easy to find the best card offers for you. All you need to do is find the cards you like, click "Save Card", and compare side-by-side.


Advertiser Disclosure

Market Pro Secure® is an independent payment card comparison service supported by advertisers, a complete list of which can be seen in our Editorial Guidelines. Even though some of these advertisers are financial product providers and credit card issuers, our paid partnerships don't affect card ratings or the Best Card Picks on our website. We don't post any content that is provided or commissioned by any of our partners. However, our paid partnerships may affect how and where products appear on our site, including the order in which they are presented within listing categories. This order may also be affected by our website rules, as well as the likelihood of the applicant’s credit approval. We can't offer any warranty for the accuracy of the credit card information we share on our website, even though we do our best to keep the Terms and Conditions, rates, and other credit card details up-to-date. For more accurate information, click "APPLY NOW" to get transferred to the credit card issuer's official website. Market Pro Secure® doesn't include all available payment cards in the marketplace.