Seeking answers? FAQ to the rescue!

For parents

How can I set up Auto Allowance?

Select Kid Profile: Click on the profile of the child for whom you want to set up an allowance.

Access Allowance Settings: Click the "Allowance" button.

  • If allowance is not yet set up, you will see a prompt to "Set it up!"

Card Information:

  • No Saved Card: If you have never saved a card, you will be blocked from turning the allowance on.some text
    1. Click "Add Card."
    2. Input your card information.
    3. Save the card information.
    4. Turn the allowance toggle to "On."
    5. Set all the allowance details.
    6. Save and go back.
  • Saved Card Available: If you have saved a card in the past, you can use any of those cards to set up an allowance.some text
    1. Turn the allowance toggle to "On."
    2. Set all the allowance details.
    3. Ensure the card listed is the one you want to be charged for the allowance.
    4. Save and go back.

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Checking account and the Modak Visa® debit card issued by Lewis & Clark Bank, Member FDIC.

Modak is a financial technology company and not a FDIC-insured bank

Funds deposited into Checking Account may be eligible for up to $250,000 of FDIC insurance.

The FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured depository institution.

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(1) Checking account and the Modak Visa® debit card issued by Lewis & Clark Bank, Member FDIC.
(2) For more information about MBX, visit our MBX Policy.
(3) The savings goals feature is intended to assist you in planning and tracking your savings progress. It does not imply or guarantee any interest earning.
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(6) $6 Welcome bonus. Terms and conditions apply.
(7) The MBX Rewards Program allows all customers, whether they have a Card or not, to earn MBX through eligible activities such as completing challenges, using the walking feature, or making purchases. However, only customers with a Card can redeem MBX for monetary rewards. A minimum balance of 100 MBX (approximately $1.00 USD as of October 2024) is required for redemption, though the value is subject to change and not guaranteed; for details, visit MBX Policy. No minimum balance is required to open an account, and redemption of MBX into USD is processed instantly upon meeting the minimum balance requirement. This program does not accrue interest and (0.00% APY) applies.

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