Modak: Kids & Teens Banking

Modak Live

About this app

Modak Makers is your go-to app for tracking allowances, chores, and building good financial habits. Our Visa® debit card and banking app for kids and teens empowers them to manage their spending while the chores and allowance tracker make it easy for parents to guide their financial education and teach them the value of money. Kids can also participate in learning games and challenges to earn in-app reward points (MBX), which can be converted to real money in their debit card. Modak promotes healthy benefits, offering ways for kids to earn rewards walking and engaging in daily activities.

Our app is tailored for families, ensuring parents can confidently navigate their child’s financial journey. Modak helps kids learn to spend, save, and earn while having fun, fostering independence and good financial habits from an early age. Join Modak today and help your kids take control of their financial future and become independent in managing their finances!

Key Features:

•⁠ ⁠Modak Visa® debit card: Use your Modak Card anywhere Visa® is accepted, with seamless integration for Apple and Google Pay. Enjoy free shipping and choose from our various card designs.
•⁠ No Monthly Fees*: $0 minimum deposits and no hidden fees.
•⁠ Allowance and chore tracking: Seamlessly manage allowances and tasks within the app. Set your child's allowance amount, schedule payment dates, and assign chores.
•⁠ Parental Controls: Track transactions in real-time and lock/unlock cards instantly.
•⁠ Reward Points: Earn MBX and redeem them for cash in the Modak debit card.
•⁠ Daily & Weekly Challenges: Participate in rewarding activities that promote financial literacy, healthy habits, and active living. Earn healthy benefits and reward points by walking 5,000 steps a day and completing other challenges, all while using Modak to build good financial habits.
•⁠ Set Saving Goals: Set personalized savings goals. Kids can create and manage their own savings goals, and both they and their parents can contribute to achieving them.
•⁠ Money management: Use your bank account, credit or debit card to send money to your Modak Account.
•⁠ Checking accounts: Open and manage several kids accounts.
•⁠ 24/7 Customer Support: Access real-time support, with assistance in English and Spanish during business hours.
•⁠ Secure Transactions: Benefit from encrypted data and biometric security measures.

Modak is a financial technology company and not a FDIC insured financial institution. Deposit account and the Modak Visa® debit card issued by Legend Bank, N.A., FDIC-Insured.

*Fees for expedited or premium services may apply. Find out more in our Cardholder agreement.

Ratings and reviews

Downloaded app and have been unable to do anything with it. Have tried several times to add funds and the app just does nothing. I even uninstalled and reinstalled the app. The help desk was not helpful. Their only suggestion is always "are you sure you have the latest version." Um, I JUST downloaded it, did it somehow update in the last 30 seconds?

It's honestly a good card to have, but it does freeze here and there sometimes . For example, I can't use cash back at the moment, but I can still use the card. They have challenges where you can earn points and turn that into cash, which is nice . If you earn 100 points, that's 1$, 500 points, that's $5. I think that's my favorite thing about the app. You can also take just 1$ to put that towards goals or emergencies. The only thing I wish they would add is to add another parent to the card.

So i want to be honest. The app is good, the virtual card is real. But customer services is horrible,robotic and they send a lot of automated msgs. We never received an actual card. I've complained multiple times in like the last 2 months and they keep sending me a form to fill out (which I have like 6 times) and never resolve anything and it is scary because they ask for your SS#. Honestly at this point I rather pay a monthly fee somewhere else.

What’s new

Say hi to Mo, your new banking concierge. You can now split bills or ask for help right from the chat. Tell us what you think, we’re co-creating Mo with you!