Modak: Kids & Teens Banking 4+
Debit card for families
Modak
Designed for iPhone
-
- Free
iPhone Screenshots
Description
Modak Makers is your go-to app for tracking allowances, chores, and building good financial habits. Our Visa® debit card and banking app for kids and teens empowers them to manage their spending while the chores and allowance tracker make it easy for parents to guide their financial education and teach them the value of money. Kids can also participate in learning games and challenges to earn in-app reward points (MBX), which can be converted to real money in their debit card. Modak promotes healthy benefits, offering ways for kids to earn rewards walking and engaging in daily activities.
Our app is tailored for families, ensuring parents can confidently navigate their child’s financial journey. Modak helps kids learn to spend, save, and earn while having fun, fostering independence and good financial habits from an early age. Join Modak today and help your kids take control of their financial future and become independent in managing their finances!
Key Features:
• Modak Visa® debit card: Use your Modak Card anywhere Visa® is accepted, with seamless integration for Apple and Google Pay. Enjoy free shipping and choose from our various card designs.
• No Monthly Fees*: $0 minimum deposits and no hidden fees.
• Allowance and chore tracking: Seamlessly manage allowances and tasks within the app. Set your child's allowance amount, schedule payment dates, and assign chores.
• Parental Controls: Track transactions in real-time and lock/unlock cards instantly.
• Reward Points: Earn MBX and redeem them for cash in the Modak debit card.
• Daily & Weekly Challenges: Participate in rewarding activities that promote financial literacy, healthy habits, and active living. Earn healthy benefits and reward points by walking 5,000 steps a day and completing other challenges, all while using Modak to build good financial habits.
• Set Saving Goals: Set personalized savings goals. Kids can create and manage their own savings goals, and both they and their parents can contribute to achieving them.
• Money management: Use your bank account, credit or debit card to send money to your Modak Account.
• Checking accounts: Open and manage several kids accounts.
• 24/7 Customer Support: Access real-time support, with assistance in English and Spanish during business hours.
• Secure Transactions: Benefit from encrypted data and biometric security measures.
Modak is a financial technology company and not a FDIC insured financial institution. Deposit account and the Modak Visa® debit card issued by Legend Bank, N.A., FDIC-Insured.
*Fees for expedited or premium services may apply. Find out more in our Cardholder agreement.
What’s New
Version 2.6.2
Introducing the Modak Builders Club! Join our exclusive community to test features early, share feedback, and help shape the future of Modak. Oh, and we made requesting money faster for you!
Ratings and Reviews
I love Modak!!
(For context I’m in middle school and my parents are strict with allowance and money so Modak has changed my life) First of all, the AirPods thing is real. I got them a few months ago and I love them so much (THANK YOU MODAK!!!!!) I use them every day but I can’t afford my own AirPods because I just don’t have that kind of money so I was so happy when I got them but anyways…I LOVE Modak so much. Weather it’s saving up my mbx for cash, or managing all of my savings goals, or keeping track of my finances, Modak has my back. It helps so much with things like ordering what I want to order online, or getting a soda or two without having to carry around a bunch of dollar bills. Aside from practical uses of having a kids account, I also have learned so much about money after getting this app. If I want a new book that just came out, I have to think through everything now, for example, “I was saving that money for a new mascara so now I have to make more money from babysitting so if I work X more hours than I can…” and it helps with real life skills 🙃ok that was my rant gbye
My thoughts on modak
This app is super helpful towards me! I am a teen, 16 to be exact, and have only had the app for a couple of months but here are my thoughts. I have friends that are older than me that all possess jobs & cars it's hard to not feel left out. Modak has made it super convenient with that! It keeps track of your spending, gives you points that can be converted into money (which they are called MBX), not only are you able to have a physical card, but you can add it to your apple wallet, & one of the best parts of this app is that parents are able to monitor your spending and your budgets, etc. this app helps me learn how to manage my money and spend it with precautions due to it being extremely focused on earning & saving money. With this comes responsibilities you have but overall I believe this is a great starting app for younger kids with learning how to budget & spend/save money wisely.
Modak is an amazing way to teach Young people how to save money
My mom referred me to the Modak app because I was looking for a job and needed a debit card. When I first downloaded the app and put my information in I didn’t think twice about how useful the app really could be. Once I started scratching off my rewards It hit me that this is a good way to start saving money. And when i figured out they had challenges I can do to get more mbx that’s when i realized this app is a really good way to teach kids how to start saving and making money. None of the challenges are hard but they do require you to think or do. I honestly love this app so much and it’s cute little ideas and challenges, This app has really opened my eyes on financial independence
App Privacy
The developer, Modak, 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:
- Contact Info
- Identifiers
- Usage Data
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- Modak Communities Operating Holdings Inc.
- Size
- 105.9 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 15.6 or later.
- iPod touch
- Requires iOS 15.6 or later.
- Mac
- Requires macOS 12.5 or later and a Mac with Apple M1 chip or later.
- Languages
-
English
- Age Rating
- 4+ Infrequent/Mild Contests
- Copyright
- © 2022 Modak Communities Inc.
- Price
- Free
Supports
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Wallet
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