Equip your children with a free Visa® debit card and life-long financial habits. Parents manage chores and allowances while kids earn rewards for staying active—all with zero monthly fees and total security.
Publisher
Category
FinanceDownloads
34K+User Rating
Total Ratings
6K+Locales
1Discover the interface used by 34K+ users.
The tools that make this app stand out, trusted by 34K+ users.
Turn household tasks into teaching moments. Set schedules, track chores, and pay allowances automatically—no more hunting for cash or losing track of tasks.
Turn steps into savings. Kids earn MBX reward points for walking 5,000 steps a day or completing financial literacy challenges, which can be converted to real money.
Stay in control with real-time transaction alerts and the ability to lock or unlock cards instantly, ensuring your child spends safely online and in stores.
Trusted by 34K+ people who love this app.
"Modak has completely streamlined how we handle chores and allowance in our house. I love that I can instantly lock the card if it goes missing and see exactly where my kids are spending. It is the best tool for teaching financial responsibility without the stress of carrying cash."
"Getting my own Modak Visa card felt like such a big step up! The app is super easy to use, and I think it is awesome that I can earn real money just by finishing my chores and hitting my 5,000 daily steps. It is way more fun than a boring bank account."
Everything you need to know about Modak: Kids & Teens Banking.
Description
Latest Version
2.19.6
Size
117.3 MB
First Released
Feb 15, 2023
Everything you need to know about Modak: Kids & Teens Banking
The Modak Visa® debit card is a banking card for kids and teens. It is accepted anywhere Visa® is, supports Apple and Google Pay, and offers free shipping with various design options.
No, Modak: Kids & Teens Banking does not charge monthly fees or require minimum deposits. Fees for expedited or premium services may apply, as detailed in the Cardholder agreement.
Yes, parents can track allowances and chores within the Modak app. They can set allowance amounts, schedule payment dates, and assign tasks to their children.
Modak: Kids & Teens Banking offers parental controls including real-time transaction tracking. Parents can also instantly lock or unlock their child's Modak Visa® debit card from within the app.
Kids earn in-app reward points, called MBX, by participating in learning games, challenges, and healthy activities like walking. These MBX points can be converted to real money on their Modak Visa® debit card.
Yes, Modak banking app users can set personalized savings goals. Kids can create and manage these goals, and both children and parents can contribute money towards achieving them.
Parents can add money to a Modak Account using their existing bank account, credit card, or debit card. This process allows for effortless funding of the child's balance.
Yes, Modak: Kids & Teens Banking provides 24/7 in-app customer support. Assistance is available in both English and Spanish during business hours to address user queries.
Yes, the Modak banking app ensures secure transactions through encrypted data and biometric security measures. It protects user information and financial activities within the platform.
Yes, money held in a Modak account is FDIC-insured. While Modak is a financial technology company, the deposit accounts and Modak Visa® debit cards are issued by Legend Bank, N.A., which is FDIC-insured.
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