- Lauren Graves, APY GUYFamZoo is an excellent kids’ debit card because it offers more real-world money management experiences than the average product like it and comes with more educational resources. The FamZoo platform is very collaborative so this product is best for families that want to work together—parents with ti...
- Justin Barnard, CreditDonkeyWhile FamZoo may get beat out by some of the competition, it still offers a great app for teaching kids about saving and spending for a fair price and unparalleled customer support. If you're looking for a simple, straightforward prepaid spending card and financial education platform developed by a...
- SomagomBasically, Famzoo provides prepaid cards for kids, teens, and parents. With the Prepaid debit card, you and your children act as a banker and customer. Where you are the and your children are customers. It is not only a prepaid card, it's a great teaching tool.
- Robert Farrington, The College InvestorUsing the FamZoo app, your children can sign into their individual accounts and manage their accounts. With FamZoo, it's easy to set "savings goals" and automatically pay your kids an interest rate on the money that they assign as "savings." Note that this is fully parent-paid interest. FamZoo doesn...
- Jim Wang, Best Wallet HacksFamZoo has built out an ecosystem through prepaid cards, giving parents the ability to monitor and control how their children spend money. This parental oversight, coupled with education, teaches children how to develop good money habits. It’s also a very modern method. Rather than using piggy banks...
Overview | |
---|---|
Card Price | $0.00 |
Activation Fee | $0.00 |
Card Maintenance Fee |
$5.99 per month
|
Minimum Load Amount | Unknown |
Maximum Load Amount | $2,500.00 |
Max Balance | $5,000.00 |
Transaction Fees | |
Add Money | |
Direct Deposit
|
$0.00 |
Cash Loads
|
$4.95 |
Card to card transfer
|
$0.00 |
Spend Money | |
Purchase Fee
|
$0.00 |
Bill Payment
|
$0.00 |
Foreign Transaction Fee
|
$0.00 |
Get Cash | |
ATM withdrawal fee (Domestic) - In Network
|
$0.00 You may be charged a fee by the ATM operator |
ATM withdrawal fee (Domestic) - Out of Network
|
$0.00 You may be charged a fee by the ATM operator |
ATM withdrawal fee (International)
|
$0.00 You may be charged a fee by the ATM operator |
Over-the-counter cash withdrawal (Domestic)
|
Unknown |
Over-the-counter cash withdrawal (International)
|
Unknown |
Other | |
Balance Inquiry (at ATM)
|
$0.00 You may be charged a fee by the ATM operator |
Inactivity
|
$0.00 |
Card replacement
|
$3.00 First 2 replacements are free |
Card Replacement and Express Delivery Fee
|
$25.00 |
Monthly Paper Statements
|
$0.00 |
Custom Card Fee OR Customization
|
$0.00 |
Promotions | |
Sign up bonus | - |
Rewards | - |
Features & Benefits | |
Additional Card Holders | Yes |
Funds Don't Expire | Yes |
Supported Currencies | USD |
Zero Liability | Yes |
Fraud Protection | Yes |
Custom Design | No |
Wireless Payments | Apple Pay, Google Pay |
Virtual Cards | No |
Eligibility | |
Minimum Age | 12 |
Temporary Residents | Yes |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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