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About this app

Good habits start today!

- Child Management
You are the bank! Give your children a sense of accomplishment with a visual wallet. You can delegate cash and time. Penny bank notifies and tracks when your child checks out their dashboard so
you can monitor their habit of checking for tasks.

- Achievements/XP Points
We have gamified the Penny Bank experience with XP points that we reward your child regardless of the rewards you delegate to your child. We will have achievements and trophies to motivate your child to reach different levels in Penny Bank. Your child will be able to share those statuses with their friends in our new social features.

- Free Time Banking
Penny bank introduces the concept of free time banking. Time
is the only asset we all share no matter the age. Distributing and withdrawing free time for things your child is interested in will feel seamless with our discipline and rewards system. This is great to use as currency instead of paying your kids to do chores you feel they should be doing. Exchange free time as a reward for completing their chores and responsibilities.

- Family/Chore Boards
Create and manage chores in one place. We also include a punctuality chart to teach your child how important completing tasks on time is.

- Picture Verification
You can now request a picture to verify that a child has completed their chore before you decide to approve it.

- Saved/Suggested Chores
You can now save chores for reoccurring chores to be assigned in a few taps. We also have a growing list of suggested chores to save time in creating chores.

- Chore Offers
Penny bank gives kids the power of decision-making by giving them the ability to be proactive and make an offer on how much they want to be paid for a chore. You have to ability to accept or decline as the parent. This feature helps kids to develop a habit of providing value for value in return!

- Withdrawal Request
Manage how your child requests for cash and free time with withdrawal requests. This allows you to manage how much cash or free time a child can use for certain things to maintain a healthy wallet and spending habits.

- Love Tap
This is a fun feature that both parent and child can
send to each other as a friendly reminder that there is
something pending that needs attention.

- Avatar Personalities
We have added avatars with customizable backgrounds to represent your child in the Penny Bank universe along with user names so they can share their achievements.

- Discovery
This is the place where the Penny Bank universe exists and as the community grows your family and child can share their achievements with their friends and follow others. We will provide freshly updated material to teach financial literacy in our learn section. Our Penny Bank Lists and leaderboards will be a place the top Penny Bankers can be acknowledged.
Updated on
Feb 8, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Personal info, App activity, and Device or other IDs
Data is encrypted in transit
You can request that data be deleted

What's new

Bug fixes and improvements. Improvements on face ID/fingerprint login consistency.