GoHenry Review | Debit Card And Financial Literacy App For Kids


Teaching your children sensible cash administration can set them up for a brilliant future. The proper instruments could make all of the distinction when instructing your little one about cash.

That’s when GoHenry enters the image. GoHenry is a cash administration platform designed for youths that gives a debit card with parental controls. Beyond that, it encourages financial savings and sensible cash methods.

Let’s take a more in-depth take a look at GoHenry to see if it may very well be choice for your loved ones.

GoHenry logo

  • Prepaid debit card that gives parental controls
  • Set up an allowance or chores to finish for money
  • Money administration choices like saving and charitable giving

GoHenry debit card and app

Max Number Of Kids Per Account

What Is GoHenry?

GoHenry was initially created as a fintech firm within the UK. The founders had been a bunch of fogeys who needed to supply their children with instruments to study cash administration.

Since its inception in 2012, the platform has expanded within the US market. Now over 1.5 million members are utilizing GoHenry to show their children efficient cash methods. The base of GoHenry is centered on a debit card with a related app that youngsters and oldsters can each use. 

What Does It Offer?

GoHenry offers a platform to show your little one cash administration methods. But there are a set of key options that actually open up the door on your little one to broaden their monetary understanding. Here’s what the platform can supply to you and your little one. 


Although your little one’s account is below their management to some extent, you may arrange spending limits on a weekly, every day, or per transaction foundation. If kids attempt to spend greater than they’ve of their GoHenry account, the transaction will probably be declined.

Additionally, you may restrict the place your little one can use the GoHenry debit card. In this manner, you may forestall your little one from making purchases at shops you don’t approve of.

As your little one makes transactions, you’ll be notified via a Spend notification. And if crucial, you may immediately block the cardboard from additional use.

Allowance Features

Parents can arrange allowances for every of their children via GoHenry. The allowance will be despatched out routinely or it may be based mostly on sure chores.

With the automated choice, the allowance quantity will probably be transferred to your little one’s account every week. But if the allowance is tied to chores, it will not be deposited till the duties are marked as accomplished. 

Goals & Savings Tools

Saving is such a vital a part of sensible cash administration. So it is no shock that GoHenry locations an enormous emphasis on it.

Your little one can arrange a limiteless variety of financial savings targets throughout the app. For every objective, GoHenry will create a “pod.” And as your little one units cash apart, they’re going to be capable to visually see the progress that they are making.

Charitable Donations

Your little one could have the choice to donate to charity instantly via their GoHenry account. Specifically, The Boys and Girls Clubs of America has partnered with GoHenry to just accept donations via the platform.

Custom Debit Cards

You and your little one could have the choice to customise their debit card for $4.99. There are 45 designs to select from and your kid’s first identify will change the identify “Henry” on the top-left hand aspect of the cardboard. So, for instance, if you happen to’re kid’s identify is Rachel, their card would say “gorachel.”

Screenshot of GoHeny sports-themed debit cardsScreenshot of GoHenry collab debit cards

Money Missions

GoHenry is not only a debit card on your children. It’s additionally a monetary studying app. Through the corporate’s new “cash missions” your children can watch movies or take interactive quizzes which can be designed to construct their monetary literacy. And they’re going to earn factors and badges every time they be taught new abilities.

Screenshot of Money Missions from the GoHenry website

Are There Any Fees?

You may give GoHenry a strive without spending a dime for 30 days. After the free trial, utilizing the platform prices $3.99 per thirty days per little one. There is a restrict of 4 kids per household on the GoHenry app. 

How Does GoHenry Compare?

GoHenry affords an important choice for folks that need their kids to study cash administration. And the $3.99 month-to-month charge is on the low finish for child and teenage debit playing cards, if you happen to solely have solely little one. But the charge can add up shortly when you’ve got 2-4 children.

Greenlight is one other household debit card platform that gives cash administration instructing moments. But you’ll take pleasure in a greater worth level when you’ve got a number of children. You’ll pay between $4.99 to $9.98 for the entire household. Plus, you may unlock options that permit your little one to begin investing and earn curiosity via the app.

Another strong choice is FamZoo. The platform affords loads of options at a good worth level. But, not like Greenlight, it would not supply investing.


GoHenry logo Greenlight logo

$3.99 Per Child

Up to 4 Kids

$4.99 to $9.98/mo

Per Family
 Up to five Kids

Per Family

No Child Limit

$25.99 for six months

$39.99 for 12 months

$59.99 for twenty-four months

Yes, on these plans: 
Greenlight + Invest ($7.99/mo) 
Greenlight Max ($9.98/mo)


How Do I Open An Account?

Ready to make use of GoHenry? Here’s easy methods to get began.

First, you’ll open a GoHenry account in your identify. Be ready to supply private data equivalent to your telephone quantity, date of delivery, and Social Security Number.

Once your account is in place, you may arrange particular person GoHenry accounts on your kids. The kids have to be between ages 6 and 18. You’ll want to supply the kid’s first and final identify. Plus, their date of delivery. 

Is It Safe And Secure?

Yes, the cash held in your GoHenry account is FDIC-insured for as much as $250,000. That implies that your funds are insured, even when GoHenry goes out of enterprise.

The debit card comes with chip and pin safety, bank-level encryption, and the power to dam and unblock spending at any time. Plus, the Mastercard affords Zero Liability Protection and FDIC insurance coverage on accounts of as much as $250,000.

How Do I Contact GoHenry?

If it’s worthwhile to get in touch with GoHenry, you may fill out this kind on their web site or name 877-372-6466. Additionally, you may join on Facebook, Twitter, and Instagram @gohenry.

Since the corporate has earned 3.9 out of 5 stars with over 1,500 opinions on Trustpilot, you need to anticipate a optimistic expertise if you happen to want help from the GoHenry workforce.

Is It Worth It?

GoHenry offers a useful platform to start the method of instructing your little one or teen about cash administration. Although there isn’t any alternative to study investing, the fundamentals of budgeting, saving, and giving are constructed proper in.

Unfortunately, the price can add up shortly for households with a number of children who will want playing cards. If you are in search of a extra budget-friendly choice, it’s possible you’ll wish to contemplate Greenlight or FamZoo as a substitute since each cost a flat charge for the whole household. 

Check out GoHenry right here >>

GoHenry Features

Kids’ debit card & monetary studying app

Maximum Number Of Child Sub-Accounts Per Parent Account

  • Debit card utilization channels: ATM, in-store or on-line
  • Weekly spending restrict
  • Limit on quantity spent in a single transaction
  • ATM transaction restrict

GoHenry debit playing cards don’t work at shops which have “Over 18” service provider codes

Not allowed on little one accounts

None (online-only banking app)

Debit playing cards can be utilized at ATMs, however there isn’t any fee-free ATM community. 

There is a most of $120 in every day money withdrawals and $480 in 4 days on all of the GoHenry playing cards on an account.

There is a most variety of 3 withdrawals in a single day and 4 inside a 4-day interval on all GoHenry playing cards on an account.

Parents can set decrease limits or flip off the ATM performance altogether.

Web/Desktop Account Access

57129 (via Community Federal Savings Bank)


Please enter your comment!
Please enter your name here