Is FamZoo a debit card?
FamZoo offers prepaid debit cards that parents can give to their children and load with money. These are debit Mastercards. Like a credit card, they work anywhere that accepts Mastercard.
How much does FamZoo cost?
How much does FamZoo cost?
| YOU PAY | WHICH EQUALS | WHY PRE-PAY? |
|---|---|---|
| $25.99 for 6 months | $4.33 per month | You save $9.95 or 27% |
| $39.99 for 12 months | $3.33 per month | You save $31.89 or 44% |
| $59.99 for 24 months | $2.50 per month | You save $83.77 or 58% |
Does FamZoo have an app?
Yes, of course we have mobile apps for iPhone and Android. But, family members can also access FamZoo from any device — desktop, laptop, or mobile — using any modern browser.
Does FamZoo have a chip?
All of our existing families with magnetic stripe cards will be automatically upgraded to the new EMV chip cards at no additional charge.
What bank does FamZoo use?
*This subscription fee can be lower with a pay-in-advance subscription plan. Go to www.famzoo.com for more details. This is not a fee for use of any account, card, or other service provided by SouthState Bank in connection with your prepaid account or this Agreement.
Which is better FamZoo vs Greenlight?
The main difference between these two prepaid debit cards is that Greenlight offers a more feature-filled experience and also comes with slightly lower monthly fees if you have more than one one to four children, or even lower monthly fee if you have five (Famzoo charges for the fifth debit card).
Which is better Famzoo vs Greenlight?
Can 14 year olds have a debit card?
How old do you have to be to get a debit card? A child can typically get a debit card at 13 years old when a parent or legal guardian opens a teen checking joint account on their behalf. Teen checking accounts are typically available until the child turns 18.
What bank is FamZoo?
Enter FamZoo. FamZoo is a virtual family bank that helps you teach your children about money. Using the FamZoo app, your children can sign into their individual accounts and manage their accounts.
Is FamZoo FDIC insured?
Your funds are eligible for FDIC insurance. For general information about prepaid accounts, visit cfpb.gov/prepaid. Find details and conditions for all fees and services in the cardholder materials or visit famzoo.com/cardfaqs.
Is Greenlight legit?
It’s a legit product and definitely not a scam. The Greenlight card has an EMV chip in it, which helps keep your data safe and secure each time your child makes a purchase. As a parent, you can set spending controls that are just right for your child, and you’ll get instant notifications each time they spend money.
Is Greenlight free?
Greenlight costs $4.99 per family and provides cards for up to five kids, but there aren’t any additional usage or transfer fees. That makes it a pretty affordable way to to give your child(ren) a debit card if you want to go that route.