BusyKid vs. Jassby [Which Kids Debit Card is Better?]

Parents want the best for their children—top schools, nutritious foods, and more. Now, you’re trying to find the best kids’ debit card and your search has led you to BusyKid and Jassby. But which debit card is better? And is either the best? I went ahead and took the guesswork out of this decision for you. I’ve already thoroughly analyzed BusyKid and Jassby (along with the rest of today’s most competitive debit cards for kids). Today, I’m going to give you detailed information on both BusyKid and Jassby. For each card, you’ll get an overview, breakdown of costs, description of noteworthy features, and more. Since you’re looking for the very best card, I’ll also highlight a few other notable debit cards you may want to consider.

BusyKid vs. Jassby Comparison

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BusyKid Overview

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• Available: Sign up here

If you’re looking for prepaid debit cards for kids that let your kids spend while learning about money, and lets you pay them allowance, consider the award-winning BusyKid app and the connected BusyKid Visa Spend Card. BusyKid started as an easy-to-use, interactive chore app but has since added a prepaid debit card for kids that allows your children to spend their money both in person and online. Better still: Your children can earn money by completing chores and other tasks around the house, then use the app to learn valuable financial skills, such as budgeting, saving, and even giving back. Parents can pay allowance on an ad hoc basis, or they can set up Auto-Allowance. When parents add to their children’s accounts, that money can be split among their Save/Invest, Share, and Spend allocations:

• Save/Invest: Parents can automatically allocate money toward a savings basket, and they can also match any money their children elect to save.
• Spend: When your kid is ready for a little independence, they can spend from this account using BusyKid’s Visa Spend Card.
• Share: Children can choose which charities they would like to give money to, and parents must approve before the cash is transferred.

Parents aren’t the only people who can add money to children’s BusyKid accounts. With BusyPay, parents can share a simple QR code that allows grandparents, aunts, uncles, other family members, and even friends to add money—whether it’s a birthday present or a payment for chores. BusyKid charges the giver a $1 fee plus any credit card or bank transaction costs. BusyKid also allows children to invest their earnings through the app. Doing so requires setting up a separate Apex Clearing account. Children can choose to invest in hundreds of stocks and ETFs with as little as $10. BusyKid has no minimum age requirement. In addition to the $4 monthly subscription, BusyKid charges other fees, including 50¢ per declined transaction, $5 for a card reissue, and a $5 monthly fee for paper statements. Related: Best Greenlight Alternatives

BusyKid Plans + Costs

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BusyKid has a simple, single subscription tier that costs $3.99 per month, which is billed annually, so you pay $38.99 once per year. Also, people outside of the BusyKid account who want to send money to a child must pay a $1 fee per transaction. Past that, BusyKid’s other fees are pretty standard and minimal. For instance, it charges a $5 replacement-card fee and a 50-cent domestic fee for declined charges. If you’re not satisfied, BusyKid provides a 30-day subscription-back guarantee. While it sounds nice, that’s actually a step down from most other cards. I’ve reviewed more than a dozen kid-focused cards, and most of them offer 30-day/one-month free trials—meaning you don’t have to spend anything until you’re sure you’re happy with the product. But with BusyKid, you have to pay up front, then ask for a refund if you’re not happy. It’s a small difference, but one I think is worth noting. Related: Best Debit Cards for Teens

BusyKid Features

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Below, I’ve listed a number of BusyKid’s most prominent features. Like with all debit cards aimed at children and teens, some of these features are for the kids, but others are meant to keep parents happy (and sane).

BusyKid Visa Spend Card

The BusyKid Visa Spend Card is a prepaid debit card for kids and teens that acts as the physical central point of the BusyKid experience. Each BusyKid subscription comes with up to five of these kids’ debit cards, which are intended for use by children ages 5 through 17. Kids can choose from a small selection of more than 10 designs. The adults can instantly transfer funds at any time. Kids have to follow the set spending limits, so they can’t overspend as they learn money management skills. Every debit card is backed by the Visa Zero Liability guarantee, which means if your kid’s card gets lost or stolen, or misplaced and fraudulent charges crop up, you can dispute the charges within a certain time frame to avoid liability for paying. Related: Best Money Apps for Kids

Parental Controls

Parental controls are essential for parents who want to retain some peace of mind while their kids develop money management skills. With BusyKid, parents can monitor all transactions made either in the app or with the BusyKid Visa Spend Card. BusyKid’s parental controls are pretty rudimentary. By using the “Lock Money Transfers” feature, parents can prevent their kids from transferring money among their Save, Share, and Spend areas. Kids will still be able to use the money in these accounts, but each transaction will require a parent’s approval.

Chores + Allowance

Some parents like to pay an allowance to their younger children, and this might or might not be connected to chore completion. BusyKid allows you to pay an allowance to and/or set chores up for your child. For chores, parents can set up their own chores and payment amounts, or they can use BusyKid’s preset chore chart, where chores and allowance are preset based on a child’s age. As kids complete their chores, they can click “I did it!” inside the BusyKid app. BusyKid pays kids each Friday based on any chores the child has marked “Done” since the previous Friday. Parents will be notified and asked to approve; when it is, it will be deposited into the child’s various account areas depending on how their allocations were set up.

BusyPay

The BusyPay feature lets family and friends instantly send money to a BusyKid account, whether it’s as a birthday or holiday gift, payment for helping out, or just because. It’s easy, too—a child just has to share a QR code, and anyone can pay them. (Note: The payer is charged a $1 fee to use this feature.) Related: How to Get Free Money [Ways to Earn Money] 

Bonuses + Savings Matches

Several BusyKid features help your children accelerate their earning and saving. For instance, let’s say your teen stepped up to babysit a younger sibling, or one of your kids got a perfect report card—BusyKid allows parents to pay a bonus to any of their kid’s account areas or even directly to the BusyKid Spend Card. Parents can also establish a savings match, which is similar to a 401(k) match. Parents simply select a weekly percentage match, or a monthly max that’s dividend equally across all the weeks in a month, and BusyKid will transfer the appropriate amount of additional funds to the kid’s account based on how much they save.

Investing

Learning to invest is an important part of the personal finance journey. BusyKid helps children with that journey by providing commission-free stock trading. BusyKid offers commission-free trading of stocks and exchange-traded funds (ETFs), allowing kids to start investing with as little as $10. BusyKid provides access to “hundreds” of popular stocks and ETFs—a considerably smaller selection than the thousands of stocks and ETFs available from traditional brokerage accounts, but a sufficient world of assets to get a child started. Related: Best Stock Trading Apps for Teens Under 18

Charities

Parents who want to instill the importance of giving back to their children at a young age can allow their kids to donate a percentage of their allowances to charity. Kids can choose among roughly 50 charities, and BusyKid even welcomes suggestions for other charities to add. You can sign up for BusyKid here. Related: Best Credit Cards for Kids [Kid-Friendly Credit Cards]

Jassby Overview

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• Available: Sign up here

Jassby is a mobile wallet app that families can use to manage chores, allowance payments, and money spent on the company’s flexible virtual and physical debit cards. When you open a Jassby account, you receive digital debit cards that can be used online, as well as in-store anywhere Apple Pay, Google Pay, or Samsung Pay is accepted. But for extra flexibility, parents can order physical debit cards for their children that are good to use anywhere Mastercard is accepted. Parents transfer money to their children’s Jassby debit cards via a linked bank account or debit card. Parents can receive real-time spending notifications, monitor the account, track purchases, block certain spending categories, and instantly lock or unlock their kids’ debit cards as needed. The app also allows parents and guardians to share money with their kids while teaching them valuable financial literacy skills. Jassby offers courses, videos, games, and more through its Jassby University feature. Jassby has an easy-to-use allowance function—just pick the amount, distribution (Spending and/or Saving account), frequency, and day of the week or month. Kids can also learn the merits of earning through Jassby through Activities (chores), or they can earn Jassby Rewards by logging into their accounts, receiving allowance, or even by completing Jassby University courses. (100 points = $1, which can be automatically transferred to the Jassby Spending account.) There is no minimum age requirement to use the Jassby card, but Jassby says most kid members are between the ages of 8 and 17. Related: Best Savings Accounts for Kids [Children’s Bank Accounts]

Jassby Plans + Costs

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Jassby has just one paid subscription tier. The monthly fee is waived for the first month of service. Those who created Essential Plan accounts before April 1, 2023, are grandfathered in at a rate of $3.95 per month. Replacement cards cost $4.95 plus tax. Related: 25 Best Jobs for 15-Year Olds

Jassby Features

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These are some of the most prominent features of Jassby. The account aims to be easy to use for both kids and adults.

Jassby Card

The Jassby card you receive upon opening your account is digital-only—you can receive a physical Mastercard debit card for free, but you must request it. Both forms are accepted anywhere Mastercard is accepted. The digital card can be used online, and it can also be added to Apple Pay, Google Pay, and Samsung Pay for use in stores and other in-person locations. The physical card can be used both online and at in-store locations. One Jassby account allows you to have up to six cards. And unlike many accounts that provide one parent card and all remaining cards for kids, you can spread Jassby’s six cards across multiple children and multiple adults.

Parental Controls

Jassby has several parental controls worth mentioning. Jassby automatically restricts kid spending for anything categorized as dating services, liquor stores, lottery/gambling, and money transfers. Parents can also manually restrict certain spending categories, including clothing stores, digital goods, restaurants, and retail stores. Parents can monitor transactions, receive spending notifications, and quickly lock and unlock the card from the app. Jassby doesn’t offer dollar-amount controls. But because kids can only spend what’s in the account, parents can limit spending simply by managing how much money is in their children’s accounts.

Financial Literacy

Jassby University is the app’s robust financial literacy feature. Lessons include topics on saving, budgeting, and more. This all feeds a proprietary Jassby Financial Literacy score that reflects their progress, and kids are rewarded with points as they learn.

Rewards

Speaking of points, Jassby Rewards are a great motivator. Kids can earn points by doing basic financial actions such as logging into their accounts every week, making transactions, and receiving allowance. Plus, as I just mentioned, they can also earn points by learning about money. Jassby’s points system allows a kid to redeem 100 points for $1, which is put into their Jassby Spending account.

Giving Back

Through Jassby, kids can see how donating small amounts of money to a charity can make a difference, helping parents teach their children the importance of giving back. (Note: When kids go to the Charity section of the app, they will be sent to an external link listing charities—so don’t be surprised when it seems like you’re exiting.) You can sign up for Jassby here. Related: Best Teen Checking Accounts [Banks for Teens]

BusyKid vs. Jassby: Our Editors’ Choice Is …

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BusyKid and Jassby are both paid plans, so it makes sense to only choose one for your family. Families with multiple children can save money with BusyKid. In addition to costing less than Jassby on a monthly basis ($4 vs $5.95), BusyKid allows up to five cards per subscription. Kids can choose from 10+ preselected designs for their cards. Plus, BusyKid lets children invest in stocks and ETFs—a feature unavailable through Jassby. Jassby isn’t without its advantages, though. It excels in improving users’ financial literacy through courses, videos, quizzes, and games. The fee is waived for the first month, so it’s easy to try out an account. Still, for most families, BusyKid likely provides more value. Though, to be absolutely blunt: Neither card is our top pick of kids’ debit cards. We highlight several cards we believe to be better options below, be it for cost reasons, feature sets or overall product quality. Related: 26 Best Online Jobs for Teens [Earn Money at Home, Age 13+]

Other Debit Cards for Kids to Consider

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If you’re still not convinced on BusyKid or Jassby, you might want to look at these other highly rated options: Related: 13 Best Money Apps for Teens [Invest, Spend, Budget + Pay]

1. Greenlight (Best-Rated Debit Card for Teens)

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• Available: Sign up here
• Price: Free 1-month trial. Core: $4.99/mo. Max: $9.98/mo. Infinity: $14.98/mo. (All plans include cards for up to 5 children)

The Greenlight debit card allows kids to begin spending, but provides parents with peace of mind by giving them control over where their kids can spend money. Parents also can choose to receive alerts that tell them when, and how much, money is spent on the Greenlight debit card. Greenlight works like a prepaid debit card, allowing you to transfer money onto the card for your child to pay for expenses at approved locations. You can choose how much money to load onto the card, and your child will be cleared to make approved purchases so long as a money balance backs up the card. If your child asks for extra money to get added to the card, you can have them take a photo of the purchase they want to make and receive your approval. This gives you control and allows you to have discussions with your child about why a purchase might be a good or bad idea. And if your child has a job, they can add their own funds to the card as well. The Greenlight debit card is a good choice for parents looking to teach their kids the importance of saving money and making prudent financial decisions. This financial product can be an effective learning tool for helping kids to understand why saving should be a priority and how to simplify paying an allowance or tracking chores. Greenlight has no minimum age requirements for this card, but recommends starting at age 6 or older. Greenlight boasts numerous other features, too. For instance, parents can open an investment account for kids to get their children investing in stocks and exchange-traded funds (ETFs) for the first time. Greenlight offers monthly savings rewards based on your tier: 1% per annum for Core members, 2% per annum for Max, and 5% per annum for Infinity. You may set up “Parent-Paid Interest” between you and your child. This allows you to foot the bill and pay interest on accounts for up to five kids. Any Greenlight subscription also lets users qualify for the cash-back Family Cash Card. Parents can add their teenagers as authorized users to this Mastercard help them learn how credit cards function and establish a credit history. This credit card offers the following cash-back rewards:

• 3% cash back when you spend at least $4,000 in a billing cycle
• 2% cash back when you spend at least $1,000 (but less than $4,000) in a billing cycle
• 1% cash back when you spend less than $1,000 in a billing cycle

There is no limit to the cash back that can be earned, and users can also auto-invest the cash-back rewards. Each monthly Greenlight subscription includes debit cards for up to five kids. Replacement cards cost $3.50 each but are free the first time. If you need to replace your card quickly, you can get express delivery for $24.99. The company also offers a personalized debit card for kids, with your own photo or design, for $9.99. Read more in our Greenlight card review. Related: How to Invest as a Teenager [Start Investing as a Minor Under 18]

2. Copper Card (Best Debit Card for Kid Independence)

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• Available: Sign up here
• Price: 30 days free. Copper: $4.95/mo. Copper + Invest: $7.95/mo.

Copper Banking was founded on the belief that kids and teens should have equal access to financial education and should be empowered to learn by doing. Now, the company is on a mission to help children gain real-world experience by giving them access to their money in a way that traditional banks can’t. The Copper app and debit card teaches your child how to make smart financial decisions by creating a platform where parents and their kids can connect. With the Copper app, you get easy snapshots of your accounts. And with the Copper Debit Card, it’s easy to shop in-store or online, including with Apple Pay or Google Pay. Plus, users get exclusive access to engaging advice curated by a team of financial literacy experts who provide tips on how to take control of their financial future.

Copper features

When I reviewed the Copper banking product, I found the following features to be most important:

• Send/Request: Kids and parents can easily send and receive money all at the touch of a button.
• Spend: Spend using Apple or Google Pay, or using the Copper Debit Card.
• Withdraw: Access your money from more than 55,000 fee-free ATMs.
• Monitor: Get a snapshot of all your child’s spending in an easy-to-read dashboard.
• Save: Gain quick snapshots of your kid’s savings and helpful tips on how to save even more. Set up savings buckets and save for the things that you want.
• Learn: With the help of Copper’s team of financial literacy experts, gain bite-sized tips on how you can maximize your money and prepare yourself for your financial future.

The basic Copper account includes the above banking features. With Copper + Invest, your child also gets access to automatically curated smart portfolios built with their preferences in mind. (We like the guardrails they provide to get your child started with investing.) Your child is given a questionnaire that helps Copper determine a portfolio based on their age, income, net worth, investment objective(s) and investment horizon. Copper then recommends one of three ETF portfolios—Moderately Aggressive, Aggressive, and Extra Aggressive—made up of thousands of stocks. Parents can review the portfolio to ensure it matches with not just your child’s preferences, but your family’s. (Portfolios can be changed later on by accessing the Support chat.) Much like many other apps I’ve reviewed on WealthUp, your child doesn’t need much money to begin their investing journey with Copper. They can begin investing for as little as $1, then add more contributions down the road. Copper will automatically rebalance the portfolio as needed to make sure it always keeps up with your child’s investment preferences. Copper is available to kids 6 years and older. Read more in our Copper Banking review. Related: Should You Open a Child Bank Account With a Debit Card?

3. Revolut <18 (Best for Parent-Paid Bonuses)

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• Available: Sign up here
• Price: No monthly fees

Revolut <18 is a prepaid debit card for kids designed to teach them money skills for life. Aimed at building healthy money habits from an early age, the unique, customizable card empowers parents to have full insight into their kids’ card activity through providing instant spending alerts and parental controls. You can choose to freeze the card, set controls on how they use the cards online and with contactless payments through your Revolut app. Further, you can set spending limits on how much your child can use with the prepaid card. Parents use the card and accompanying app to teach kids about earning, budgeting, saving and even investing money (depending on the plan chosen). You can also use the card to manage chores and allowance, set savings goals as a family and help your children manage their money. And if your child did something deserving of a reward? You can send parent-paid bonuses when they complete specific tasks. Simply add money to their digitized piggy bank through the app. You can send and receive money in seconds through Revolut’s Payments feature, which allows instant transfers between account holders and also global transfers at transparent rates. Of note: You must have a personal Revolut account before you can open a Revolut <18 account for your children. You can add up to five Revolut <18 accounts per parent account. To learn more about Revolut <18, consider visiting their site and opening an account for yourself and your child. Related: Best Credit Cards for Kids [Start Building Credit Early]

4. GoHenry (Best for Customer Service)

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• Available: Sign up here
• Price: 1 month free. Individual: $4.99/child/mo. Family: $9.98/mo. for up to 4 children

GoHenry is a financial solution for minors that includes an app, prepaid debit cards, and even financial lessons. Parents are given an online account that’s linked to, and allows them to oversee and manage, individual accounts for each of their children via both the GoHenry app and the online account portal. Each child will receive their own GoHenry debit card; you can choose from 45 different designs or create your own customized card for $4.99. Each card is governed by parental controls you can set for your children. What’s nice about GoHenry is that kids can only spend whatever money is available on the card—and thus parents don’t need to worry about costly overdraft fees or their kids accruing debt. When you open a GoHenry account, you should receive your children’s debit cards in the mail seven to eight business days later. Once you do, you can set up events such as automatic weekly allowance transfers into your children’s accounts, real-time spending alerts, and one-off or weekly spending limits. You can also keep your children’s spending in check by choosing the stores where your kids can shop, and even blocking/unblocking the card as needed. With time, the controls provided by the app and the guidance you offer can help your kids develop good money habits around earning, saving, spending, and giving. But the GoHenry card really sticks out as one of the best kid-friendly debit cards for customer service in our testing. When we checked with their customer service, they offered everyday phone availability, email access, and social media engagement, ensuring users can solve their problems quickly and with little hassle. One small nit we found was reduced hours of customer service representative availability compared to our last annual check when they offered 24/7 support. Still, the customer service was found to be admirable in our estimation. GoHenry has no minimum age requirements but recommends starting at age 6 or older. Learn more by reading our GoHenry debit card review. Related: GoHenry vs. Greenlight

What Is a Debit Card for Kids?

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Children generally can’t open their own bank account until they reach the age of majority in their state—often 18 years old. Thus, parents often look for other paths, such as opening a sub-account from their own bank account so they can provide their children with a card to use. In that event, your child likely will need to be at least 13 years old before receiving a card. Unfortunately, these accounts might not come with the custom spending controls, parental oversight, or feature-filled mobile apps provided by many new debit cards for kids. These new apps provide numerous controls over your children’s spending, including spending notifications, limiting where your child can use the card, and even allowing you to quickly lock and unlock the card. And in many cases, you simply fund your child’s debit card, so it effectively functions as a prepaid debit card. Traditional banks or prepaid debit cards might not allow you to do this beyond keeping the account balance at a certain level. Related:

• Best Credit Cards for Teens [Build Credit]
• 4 Best Ways to Save Money for Kids [Children’s Savings Plans]
• Best Investments for Beginners to Start Investing

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