Their debit card has too many fees. Many online purchases get hit with high foreign transaction fees. Previous stock provider, StockPile was a pain, and then added unreasonable fees. Based on that it is hard to trust BusyKid on the new investment provider. I would like a simple way to pay a selected interest rate on savings balance. Busy kid could offer a low base rate, but parents could supplement. They have a savings match feature but that only makes sense if you lock savings. I would prefer my kids have more freedom to learn about time value of money and investing. The branding is not good for older kids. Sure you have a debit card, but it is embarrassing to use in front of peers.It does work. The app is fairly good. It was pretty easy to set up. But given the upfront fees, it seems like they should provide a card without all the excessive transaction fees.
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BusyKid is the award-winning app and prepaid debit card that teaches kids (ages 5–17) how to earn, save, share, spend, and even invest—giving them money skills they’ll use for life.
Each year, millions of teens graduate high school without ever taking a personal finance class. In fact, 78% of U.S. adults live paycheck to paycheck, proving how critical money habits are early on. BusyKid changes that by letting kids learn through real-world experience while parents stay in control. Kids make choices, parents approve—together building smarter habits and financial confidence.
With BusyKid, families turn everyday chores and allowances into powerful lessons in saving, budgeting, and responsibility. The result? Kids who grow up prepared to handle money, not afraid of it.
Already trusted by thousands of families across the U.S., BusyKid is available on iOS and Android. Give your kids the head start they deserve—download BusyKid today and start building lifelong financial success!See more