# Family Bank — Teach your kids about saving > Virtual banking app for parents to teach children about saving and interest. (iPhone/iPad app by Endless Pattern.) - Source: https://appshunter.io/ios/app/family-bank/id6757167595 (this page in markdown: same URL + `.md`) - Developer: [Endless Pattern](https://appshunter.io/developer/1800299897) - Category: Education, Utilities - Price: $4.99 - Age rating: 4+ - Requires: iOS 15.0 · 51 MB - Languages: American English - Released: 2026-01-21 - Data updated: 2026-08-28 - Monetization: paid - User reviews in markdown: https://appshunter.io/ios/app/family-bank/id6757167595/reviews.md ## What is Family Bank? Family Bank is a virtual banking app that helps parents teach children about money, saving, and interest. Create accounts for each child, track transactions, and watch savings grow with interest. Perfect for parents who want to teach financial literacy in a safe, controlled environment. Help your kids understand how savings grow, the power of compound interest, and the importance of regular saving habits. Key Features: * Multiple Children Support - Create separate accounts for each child with personalized color themes * Two Account Types - Everyday accounts for spending and Savings accounts that earn higher interest * Transaction Tracking - Record lodgements and withdrawals with notes and dates * Automatic Interest Calculation - Set custom interest rates and calculate interest monthly with one tap * Bonus Interest Rewards - Kids earn bonus interest when they make at least one deposit with no withdrawals in a month, teaching the value of consistent saving * Monthly Summaries - View complete transaction history and monthly summaries for each account * Customizable Settings - Personalize your family bank name, choose your currency, and set interest rates that work for your family * Synced across multiple devices - All data is securely stored and synced across devices ## Key features - Multiple children accounts - Everyday and savings accounts - Transaction tracking - Automatic interest calculation - Bonus interest rewards - Monthly summaries - Customizable settings ## Recent user reviews (4 of 4) All indexed reviews: https://appshunter.io/ios/app/family-bank/id6757167595/reviews.md ### 5/5 — This has made managing pocket money much easier in our house. *2026-02-14* My children understand how their savings grow and are starting to think more carefully before spending. It’s working well for us. ### 5/5 — Highly recommend for any family wanting to build better money habits. *2026-02-14* 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. ### 5/5 — Perfect for teaching real-world money skills *2026-02-14* 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 ### 5/5 — Great way to teach your kids about savings and interest *2026-02-14* Useful way to keep track of ours kids money while also encouraging them to save regularly ## Frequently asked questions about Family Bank ### 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. ## Version history (last 1 release) ### 1.0 — 2026-01-21 No release notes. ## More apps by Endless Pattern - [Reflektr - daily mood journal](https://appshunter.io/ios/app/reflektr-daily-mood-journal/id6742847858) - [Feelings & Needs: Kids Edition](https://appshunter.io/ios/app/feelings-and-needs-kids-edition/id6745637519) - [Feelings & Needs](https://appshunter.io/ios/app/feelings-and-needs/id6747100525) All apps by Endless Pattern: https://appshunter.io/developer/1800299897 ## Related topics [family bank](https://appshunter.io/ios/topics/family-bank) --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-28.*