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 bank. Checking account and the Modak Visa® debit card issued by Lewis & Clark Bank, Member FDIC.
*Fees for expedited or premium services may apply. Find out more in our Cardholder agreement.
What’s New
Version 1.38.7
Hey Modak Lovers!
In this new version we've squashed those pesky bugs that were bugging you. Our app is now smoother than ever before.
We hope you enjoy it!
Ratings and Reviews
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
Do not recommend.
My mom and I decided together we would buy this card for myself, so I wouldn’t have to use cash anymore. The money at first transferred in great, and the games were fun aswell, but the biggest problem was the fact that I could not use the card at all. I had $206 dollars on that card, and couldn’t use a dime. After this, me and my mom attempted to transfer the money out; however this did not work. You literally cannot get your money out of the card, unless we contact support, AND YOU CANT USE THE CARD ON AN ATM. When we tried to put the card on venmo, it said that the information we put was invalid, even though it was clearly correct. (We had also activated the card days before this.) When my mom was trying to take out the $200 dollars, she by mistake added $200 more. Our family doesn’t have a lot of money and we cannot afford this. Now there is $400 dollars stuck in a account in which the money cant be transferred out of, or used. This app caused more problems than anything else, and I highly do not recommend.
Developer Response ,
Hi there! We're sorry to hear about the challenges you're facing. Our team is here to help! Our customer support found your case and we are happy to see that you're currently using the MoCard. In case you need help please feel free to visit our Customer Support page for immediate assistance: https://www.modakmakers.com/es/support
Thanks for bringing this to our attention!
My overall opinion
This app seems really useful, it gives me all sort of advice on finances, and it keeps me proactive, it has goals it wants me to complete for something called mbx which is in app currency which you can cash out for actual money. Something I love is when your parent gives you money they also receive some, and it is super friendly and super understanding, it’s easy to get around the app and how to use it, something I feel like that needs a fix( I don’t know if it’s because I just had the app open in the background or it’s an actual bug) my mother gave me a dollar to try out the feature, I received the money really quick within 5 minutes but I didn’t get the notification.
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
- 154.8 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 13.0 or later.
- iPod touch
- Requires iOS 13.0 or later.
- Mac
- Requires macOS 11.0 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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