Mydoh - Youth Money App & Card 4+
Securely earn, spend, and save
Royal Bank of Canada
-
- Free
iPhone Screenshots
Description
Mydoh is a money management app for parents and kids aged 6-18 years old. It helps to instill money values for kids that are based on knowledge and practice.
With this app, kids learn to make money and take responsibility for their spending, and you’re included in the process every step of the way.
TASKS AND ALLOWANCES
You (the parent) can set tasks for your kids, check off these tasks when they are done and pay your kids, all in a few easy steps. Plus, you can pay your kids' weekly allowances whether they do chores or not.
SPEND WITH THE MYDOH CARD
Your kids get a digital card as well as a physical card called the ‘Mydoh Smart Cash Card’ which they can use to make purchases at physical stores or online (but not for ATM withdrawals).
- With this card, kids take responsibility for their spending, and because it’s a reloadable prepaid card (not a credit card), kids can only spend what they have. So, no debts and no surprises!
- Kids aged 13 years or older can add their Mydoh card to their Apple Wallet (available for iPhone 6 and above) to make in-store purchases anywhere “Visa” or “Apple Pay” is accepted.
- You can lock and unlock your kids’ “Smart Cash Card” if you need to, through the app.
CUSTOM CARD
In addition to the physical Smart Cash Card, Canadian youth can now design and own a custom Smart Cash Card called “Mydoh by Me”. This customizable prepaid VISA card allows your child to express their unique personality.
The card costs $6.99 and it can be designed by uploading your child’s photo of choice or a photo from Mydoh’s gallery (plus cool stickers!) and once the design is approved, it’ll be shipped to you in 5 to 7 working days.
SAVINGS GOALS
With Mydoh, your kids can build healthy saving habits with the “Goals” and “General Savings” buckets.
- They can set up goals and save for specific things they would love to get, with a target date and amount, in the “Goals” bucket.
- They can also save without a specific goal, target date, and amount in the “General Savings” bucket.
Kids can see their savings history and celebrate when they achieve their goals.
TRACK KIDS IN THE APP
What’s more? You also get to keep an eye on what your kids do on the app, from setting financial goals to saving for and meeting these goals, as well as spending their money.
Your kids have financial literacy at their fingertips, and you get to keep an eye on everything.
ADD A PARENT
You can add another parent to your Mydoh account at no extra cost, with just a few clicks, right in the app.
Adding a second parent means you can share the responsibilities and tools to raise money-smart kids. Each of you can set tasks for kids, pay them when they’ve completed the tasks, set weekly allowance and add funds to your kids’ accounts. You can also track goals and spending – together. Get the whole family involved.
SAFE & SECURE
Mydoh was created with the support of Royal Bank of Canada, providing security and peace of mind. RBC goes beyond banking by creating products and services that help solve problems and make people's lives better.
The Mydoh Smart Cash Card is also issued by Royal Bank of Canada & powered by “Visa”, making it safe and secure.
TRY MYDOH TODAY
We understand that experience is the best teacher. That's why Mydoh has no monthly fees*.
Open a Mydoh account today. It’s fast and easy. Visit mydoh.ca to learn more.
*Royal Bank of Canada reserves the right to cancel, modify or withdraw this at any time.
Get in Touch: hello@mydoh.ca
20 Bay Street, 17th Floor, Toronto, ON, M5J 2N8
FOLLOW US ON OUR SOCIALS
https://www.facebook.com/mydohapp
https://www.instagram.com/mydohapp/
https://www.linkedin.com/company/mydohapp
https://www.youtube.com/channel/UCO37WfNRF0VtQcwBFNqlCug
What’s New
Version 6.7.0
Sit back and relax because we're working pretty hard to ensure that you continue to enjoy the smoothest experience with our app. Enjoy your day.
Ratings and Reviews
Just what I was looking for!
I want to ensure my kids understand the value of money and this app is perfect for that. The balance of giving them the ability to make money decisions while still maintaining control. Awesome app!!
Love this app!
My teenagers needed to learn about money management and this has been great so far. I did had small issue when making my account and the gentleman over the phone was very helpful and resolved the issue right away
Developer Response ,
Hi Kokoypmo, Awesome! Thanks for the feedback. We’re glad you’re enjoying the Mydoh experience :)
Love this app!
Love the features; easy to set up and use! Your welcome bonus is available in your account immediately - no ‘must do first’ list!!!! Price is a lot cheaper than competitor’s pricing. Love the features for my kid- $ education.
Developer Response ,
Hi there, thank you so much for your feedback! We're so glad to hear your family is enjoying the app so far! If ever you have any questions or concerns, just connect with us through the in-app chat 😊.
App Privacy
The developer, Royal Bank of Canada, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer's privacy policy.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Identifiers
Data Linked to You
The following data may be collected and linked to your identity:
- Purchases
- Contact Info
- User Content
- Identifiers
- Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- Royal Bank of Canada
- Size
- 96.7 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 13.0 or later.
- iPod touch
- Requires iOS 13.0 or later.
- Languages
-
English, French
- Age Rating
- 4+
- Copyright
- © Royal Bank of Canada 2024
- Price
- Free
Supports
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