Bankaroo-virtual bank for kids

Offers in-app purchases

Bankaroo is a virtual bank for kids, helping them manage their allowance, gifts, and chore money.

Created in 2011 by 11-year-old Dani, Bankaroo is helping hundreds of thousands of kids around the world manage their funds and become money-smart.

Using gamification and a simple, bright interface, Bankaroo helps parents teach their kids the value of money. Both parents and kids have access to the kids’ accounts, where kids can save up for goals and earn badges and parents can track where their kids’ money is invested. Kids can even earn interest on their savings!

Bankaroo Plus (available as a one-time in-app purchase for $4.99) adds features like checking, savings, and charity accounts and gives you the ability to transfer money between siblings and between accounts.

Key features for kids:
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- Get an account where you can make sure your parents routinely give you allowance

- Record every expense you made, and always know how much you have.

- Save up for more expensive goals like games and toys. You’ll get a cool badge when you reach your goal!

- Set recurring payments for things like online memberships.

Key features for parents:
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- Get your kids a recurring allowance or add funds to their account manually.

- Your kids will know if they have enough in their account for the things they want to purchase.

- Deduct their purchases from their account, or better yet – have them deduct their purchases so they can understand the implication of spending money.

- You can use Bankaroo as a point system to encourage good behavior

Bankaroo is used by schools nationwide as part of their curriculum to educate kids about money and its value.

Some comments from our members:
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“Excellent for piggy-banking. We and our kids love this app. It works well and gives the kids a sense of how to set goals and save. The developer is responsive and active, which is a huge plus.“
– The Huang Family

“Best kids bank out there & Super responsive help if you have a problem AWESOME customer service. Very responsive developer. BEST kids bank app by far (and I researched/tested this extensively, even paying for one lousy one).“
– Kathleen M.
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What's New

We are excited to present the new edition of bankaroo - a year in the making!
Key updates:
- Updated website with tutorials, FAQ and much more
- Improved offline mode
- Customized kids account colors
- New and redesigned avatars and icons
- New badges and messages
- Improved experience for managing allowance, goals and more
- Interest for saved money toward goals and savings
- Many additional changes under the hood to enhance security and performance
We hope you would like it!
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Additional Information

Updated
August 1, 2018
Size
12M
Installs
10,000+
Current Version
5.0.10
Requires Android
4.1 and up
Content Rating
Everyone
In-app Products
$4.99 per item
Permissions
Offered By
BrightAct LLC
Developer
BrightAct LLC mailing address: 325 Sharon Park Drive, Suite #756, Menlo Park, CA 94025
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