Penny Bank Plus is the ultimate rewards system for your child that teaches good habits, free time management, and financial literacy through completing chores. Ad-free!

Good habits start today!

- Child Management
You are the bank! Give your children a sense of accomplishment with a visual wallet. You can delegate cash and time. Penny bank notifies and tracks when your child checks out their dashboard so
you can monitor their habit of checking for tasks.

- Achievements/XP Points
We have gamified the Penny Bank experience with XP points that we reward your child regardless of the rewards you delegate to your child. We will have achievements and trophies to motivate your child to reach different levels in Penny Bank. Your child will be able to share those statuses with their friends in our new social features.

- Free Time Banking
Penny bank introduces the concept of free time banking. Time
is the only asset we all share no matter the age. Distributing and withdrawing free time for things your child is interested in will feel seamless with our discipline and rewards system. This is great to use as currency instead of paying your kids to do chores you feel they should be doing. Exchange free time as a reward for completing their chores and responsibilities.

- Family/Chore Boards
Create and manage chores in one place. We also include a punctuality chart to teach your child how important completing tasks on time is.

- Picture Verification
You can now request a picture to verify that a child has completed their chore before you decide to approve it.

- Saved/Suggested Chores
You can now save chores for reoccurring chores to be assigned in a few taps. We also have a growing list of suggested chores to save time in creating chores.

- Chore Offers
Penny bank gives kids the power of decision-making by giving them the ability to be proactive and make an offer on how much they want to be paid for a chore. You have to ability to accept or decline as the parent. This feature helps kids to develop a habit of providing value for value in return!

- Withdrawal Request
Manage how your child requests for cash and free time with withdrawal requests. This allows you to manage how much cash or free time a child can use for certain things to maintain a healthy wallet and spending habits.

- Love Tap
This is a fun feature that both parent and child can
send to each other as a friendly reminder that there is
something pending that needs attention.

- Avatar Personalities
We have added avatars with customizable backgrounds to represent your child in the Penny Bank universe along with user names so they can share their achievements.

- Discovery
This is the place where the Penny Bank universe exists and as the community grows your family and child can share their achievements with their friends and follow others. We will provide freshly updated material to teach financial literacy in our learn section. Our Penny Bank Lists and leaderboards will be a place the top Penny Bankers can be acknowledged.

What’s New

Version 2.0.4

A whole new redesigned app built to help in creating better habits more fun! Introducing Avatar Personalities your child can choose from to represent themselves in the Penny Bank universe. We have gamified the experience with XP points, achievements, leader boards, and upcoming goals so your child can track and share their progress with their friends. Responsibilities are now replaced with Chores, a more familiar concept your child may understand. Chores now have the option to be saved and with the addition of quick buttons creating a chore has never been quicker! Our Picture Verification feature allows your child to send you a picture of their work for you to verify making it a smoother transition to complete tasks. You now have the ability to choose a time on expiration date on chores whereas before you could only choose a date. The default time to complete a task or chore is an hour for those who would like to have things take care of right away.

Ratings and Reviews

5.0 out of 5
9 Ratings

9 Ratings

niyboo ,

Awesome edition

I’m excited about the new update Penny Bank. This has been a very helpful app has bring some ability to my children. Absolutely suggest using this app Terri it’s amazing. I was there at one of the beginning edition to Penny Bank. Excited with progress

Developer Response ,

Thank you so much on behalf of Team Penny Bank. Your feedback helps us continue to build a better product and we really appreciate you taking the time out to review.

Mary McAdamd ,

Awesome for accountability for all that use it!

I’m grateful to utilize an app to hold not just my child accountable but also myself so we are both working together to maintain her goals and mine for her as well❤️

Developer Response ,

Thank you for using our app. We have much more in stored!

App Privacy

The developer, The Blacklight Group LLC, 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 Linked to You

The following data may be collected and linked to your identity:

  • Contact Info
  • Sensitive Info

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • User Content
  • Identifiers
  • Usage Data

Privacy practices may vary, for example, based on the features you use or your age. Learn More


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

You Might Also Like