Family Bank

Family Bank

Teach your kids about saving

0 ratings
4 reviews
$4.99

Details

  • Released
  • Updated
  • January 21, 2026
  • January 21, 2026

Features

Family Bank screenshot #1 for iPhone
Family Bank screenshot #2 for iPhone
Family Bank screenshot #3 for iPhone
Family Bank screenshot #4 for iPhone
Family Bank screenshot #5 for iPhone
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About

This app helps parents teach children about financial literacy through a virtual banking system. It allows for multiple child accounts, transaction tracking, and automatic interest calculation to demonstrate saving and compound interest.

Multiple children accounts
Everyday and savings accounts
Transaction tracking
Automatic interest calculation
Bonus interest rewards
Monthly summaries
Customizable settings
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What's New in Family Bank

1.0

January 21, 2026

User reviews

This has made managing pocket money much easier in our house.

My children understand how their savings grow and are starting to think more carefully before spending. It’s working well for us.

Highly recommend for any family wanting to build better money habits.

This app strikes the perfect balance between being easy for parents and engaging for kids. I love that I can manage everything quickly, and my children feel a real sense of ownership over their savings.

Perfect for teaching real-world money skills

We’ve tried cash jars and spreadsheets, but this is the first thing that’s really clicked. My kids love seeing their balance grow and understanding how interest works

Great way to teach your kids about savings and interest

Useful way to keep track of ours kids money while also encouraging them to save regularly

Developer apps

FAQ

How does Family Bank teach children about saving?

Family Bank simulates a real banking experience where children can have their own accounts, track deposits and withdrawals, and see their savings grow with interest. The app highlights the power of compound interest and rewards consistent saving habits.

Can I set up accounts for multiple children in Family Bank?

Yes, Family Bank supports multiple children. You can create separate accounts for each child, each with its own personalized color theme, allowing for individual financial tracking.

What types of accounts can I create in Family Bank?

Family Bank offers two account types: 'Everyday accounts' for spending money and 'Savings accounts' which earn higher interest. This helps children differentiate between immediate spending needs and long-term saving goals.

How is interest calculated in Family Bank?

Interest is calculated automatically and can be set with custom rates. The app allows for monthly interest calculation with one tap, and also features bonus interest rewards for children who make deposits without withdrawals in a given month.

Is Family Bank available on multiple devices?

Yes, Family Bank data is securely stored and synced across multiple devices, including iPhone and iPad. This ensures you can manage your family's virtual bank from various platforms.

What is the price of Family Bank?

Family Bank is a paid application, priced at $4.99. This one-time purchase grants access to all features without additional costs or advertisements.

Does Family Bank have ads?

No, Family Bank does not contain advertisements. As a paid application, it provides an uninterrupted learning experience for children focused on financial education.

What age rating is Family Bank suitable for?

Family Bank is suitable for children aged 4 and above, indicated by its '4+' age rating. This makes it an accessible tool for early financial education.