Why Choose Modak Over GoHenry?

All-in-one money app and Visa® Debit Card for kids & teens with no monthly fees

Open an account in minutes

FROM THE INVESTORS OF

So, why do families love us?

No monthly subscription fees

Unlock the all-in-one app and debit card to manage chores, set savings goals, and learn financial skills with no monthly fees.

Savings app for kids & teens

An app that sets the standard in its field

One app for everyone. Parents can manage chores, allowance, and savings. Kids learn and get rewarded.

Savings app for kids and teens

Every customer is a priority

Need help? We're here 24/7! Reach out anytime, we're always ready to help you!

Savings app for kids & teens

Assign chores and hone lifetime habits

Assign chores with custom rewards to teach kids the value of work —from classic tasks like vacuuming to skill-building activities like budgeting.

Savings app for kids and teens

They learn how to save money

Kids can set and share savings goals in their app—from sneakers to college funds—allowing you both to contribute together.

Savings app for kids & teens

Adding money has never been this seamless

Easily add money to an account via bank transfer, debit/credit card, or a link for gift contributions from friends and family.

Savings app for kids and teens

Set allowance or mimic a paycheck

Set a personalized allowance on a schedule that works for you and your kid.

Savings app for kids & teens

Your money is safe with Modak

Encryption for privacy
We use encryption to keep your sensitive information secure while it's being transmitted. Our strict data protection policies, including careful data retention and deletion practices, ensure we only keep your information for as long as needed.
Biometrics for extra security
At Modak, we prioritize your security with features like fingerprint and facial recognition for app access.
FDIC Insurance for your family’s money
Your account is issued by Lewis & Clark Bank, member FDIC. This means your funds in this account may be eligible for up to $250,000 of FDIC insurance. The FDIC's deposit insurance coverage only protects against failure of a FDIC-insured depository institution.
Parental controls
You can easily lock and unlock your kid’s card, ensuring you have control over their spending. Additionally, Modak ensures safety by not allowing transactions with unsafe merchants and provides real-time notifications every time they make a purchase, offering you peace of mind.
In-app 24/7 Customer support
Our customer service team is always willing to help and ready to provide top-notch service. If any issue occurs, it becomes our top priority. You can get assistance from our dedicated 24/7 customer service, ensuring your concerns are addressed promptly and effectively.

Trusted by customers just like you

My son loves his debit card and it's easy to transfer money to his card and it's real easy to work and use to set task for your kids to earn money. Also customer service is fast and very helpful.

- Tasha W.

Great fast customer service, love this card for my daughter way better than any other loaded card out there

- Aiko W.

I’m an 11-year-old kid and I love this app helps me manage my money way better and my mom didn’t trust me before this app. Thank you, Modak.

- Taylor K.

My son loves his debit card and it's easy to transfer money to his card and it's real easy to work and use to set task for your kids to earn money. Also customer service is fast and very helpful.

- Tasha W.

Great fast customer service, love this card for my daughter way better than any other loaded card out there

- Aiko W.

I’m an 11-year-old kid and I love this app helps me manage my money way better and my mom didn’t trust me before this app. Thank you, Modak.

- Taylor K.

4.8 App Store Rating

Based on thousands of reviews as of June 24th, 2024

Seeking answers? FAQ to the rescue!

How does Modak keep sensitive personal info safe and secure?

We have implemented several ways to protect your personal information:

  • Encryption: All sensitive information is encrypted in transit standard protocols. 
  • Access controls: Access to sensitive information is restricted to a limited number of authorized personnel, who are subject to background checks and ongoing security monitoring.
  • Data protection policies: Modak has established strict data protection policies, including data retention and deletion policies, to ensure that sensitive information is not retained for longer than necessary.
  • Compliance: Modak adheres to relevant security and privacy regulations, including those imposed by the Consumer Financial Protection Bureau (CFPB), to ensure that sensitive information is handled in a manner that meets the highest standards of security and privacy.

Are there any fees?

There are no hidden fees associated with Modak. We don't charge for opening a card and most of our services. However, if you need expedited or premium services, our app will show you and ask for your permission before charging the fees. For example, we charge $0.50 for debit cards (and 3% extra for credit cards and Apple/Google Pay) when you load your kid’s modak card with your debit or credit cards. Do note that our normal ACH - funding via your other bank accounts - is free.

How old do I have to be to join Modak?

To sign up, you should be below 18 years old. Your parent or guardian will be the account holder, allowing you to use it.

Sign up with the code MODAKGREEN and your family could earn $10