FamZoo Family Finance

FamZoo.com

About this app

Prepaid cards and a financial education for kids and teens. All in one award-winning app.

FamZoo helps kids, teens, and parents develop good personal finance habits without the hassle. FamZoo is a collection of prepaid cards for your family. The cards (U.S. only) are linked together by our award-winning app filled with family finance features that reinforce good money habits. (If your kids aren’t quite ready for our cards or live outside the U.S., you can use FamZoo’s IOU accounts to track money held elsewhere.) Use FamZoo to manage your family’s spending, saving, charitable giving, allowances, chores, budgets, goals, loans, and much more.

IT’S EASY TO GET STARTED

Sign up for a free trial by visiting FamZoo.com in your browser using any device. Register your family and order your prepaid cards or set up your IOU accounts in just minutes. No credit check required. Easy online verification.

After initial setup, your registered family members can use this app or any browser (mobile or desktop) to access FamZoo anytime, anywhere.

FAMZOO IS PERFECT FOR:

• All ages — preschool through college.

• Avoiding credit card debt, overdraft fees, and other hidden fees.

• Moving money instantly between family members (like in emergencies!).

• Purchasing items safely online and in stores.

• Managing your child’s allowance.

• Tracking chores and odd jobs.

• Keeping kids (and parents) on budget.

• Maintaining parental control, while empowering kids.

• Handling money requests, reimbursements, and IOUs between family members.

• Teaching your children the power of compound interest, the dangers of debt, the rewards of hard work, the importance of staying on budget, and the wonders of charitable giving.

• Customizing your virtual bank to emphasize your family’s own unique values.

SEE OUR FULL LIST OF FEATURES: famzoo.com/faqs

NOTE: FamZoo cards are only issued in the United States. IOU accounts are available everywhere.

WHY PEOPLE LOVE AND TRUST FAMZOO

• Winner of the Finovate 2011 and 2013 Best of Show Awards

• Winner of the FinCon 2015 Judge’s and People’s Choice Awards

• Featured in The Wall Street Journal, The New York Times, TIME, NPR, PBS, Headline News, Money Magazine, and Family Circle.

• Featured in the New York Times bestselling book “The Opposite of Spoiled” by Ron Lieber, personal finance columnist for the New York Times.

• Your most sensitive data like SSNs and card account numbers are never stored on FamZoo servers; it is managed by our MasterCard® Network certified, PCI DSS compliant, SSAE 16 compliant, and Regulation E compliant card processing partner, TransCard.

Ratings and reviews

I love this app. My daughter loves having control over her spending & saving. We got her a FamZoo card at age 9. It took a bit of practice to get accustomed to the interface and how things work. Not long. My favorite feature, hands down, is the ability to automate interest. I set it up so she can easily earn $1+/week and when she sees it she is highly motivated to save even more. 💰

This service is just about perfect! We've been using FamZoo for about 6 months now, and I'm very happy with how it works. We have three teenagers signed up, and it works well with all three. I have the app loaded on my phone, so I can transfer funds from the primary account to the kids' accounts instantly. Happy to report that I've never experienced an outage or downtime when using the app. I've placed a few calls/emails to customer support and the response time has been fantastic. We are extremely pleased with everything. Like they suggested, we created chore checklists and assigned payment values to each task - a portion goes to a spending account and another portion goes to a savings account (a nice feature!). It motivates the kids to do more work around the house, and it helps keep us honest on making payments when the work is done. Making a payment once the work is done is just a few clicks. I also like the fact that I can see all spending transactions for each of my kids. Honestly, though, I haven't explored that functionality very much. I'd strongly recommend for anyone with teens/pre-teens. It's been a great way to teach kids about managing money and it's very convenient to use.

Famzoo has been great for use as both a reloadable cards for the whole family and an excellent budgeting tool. It truly does change the envelope system to a digital system. I no longer need to be carrying around cash or forgetting to grab it out if the right envelope. It's all there at my finger tips! Chore lists are great too for the kids!

What's new

Added support for Android 13