# FamZoo Family Finance > Family finance app for teaching kids budgeting, saving, and spending with prepaid cards or IOUs. (iPhone/iPad app by FamZoo.com.) - Source: https://appshunter.io/ios/app/famzoo-family-finance/id399321476 (this page in markdown: same URL + `.md`) - Developer: [FamZoo.com](https://appshunter.io/developer/399321479) - Category: Finance, Lifestyle - Price: Free - Rating: 4.60/5 from 261 App Store ratings · 90 written reviews indexed - Age rating: 4+ - Requires: iOS 8.0 · 21 MB - Languages: American English - Released: 2010-10-28 - Data updated: 2026-09-07 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/famzoo-family-finance/id399321476/reviews.md ## What is FamZoo Family Finance? “Thank you for the FamZoo service! It has really helped my kids understand money, budgeting and saving. It’s also way more convenient than cash for me and for them!” ~Matt H., Derby, Kansas FamZoo helps kids, teens, and parents develop good personal finance habits without the hassle. FamZoo is a collection of prepaid cards for your family. The cards are linked together by our award-winning app filled with family finance features that reinforce good money habits. (If your kids aren’t quite ready for our cards, you can use FamZoo’s IOU accounts to track money held elsewhere.) Use FamZoo to manage your family’s spending, saving, charitable giving, allowances, chores, budgets, goals, loans, and much more. IT’S EASY TO GET STARTED Sign up for a free trial by visiting FamZoo.com in your browser using any device. Register your family and order your prepaid cards or set up your IOU accounts in just minutes. No credit check required. Easy online verification. After initial setup, your registered family members can use this app or any browser (mobile or desktop) to access FamZoo anytime, anywhere. FAMZOO IS PERFECT FOR: • All ages — preschool through college. • Avoiding credit card debt, overdraft fees, and other hidden fees. • Moving money instantly between family members (like in emergencies!). • Purchasing items safely online and in stores. • Managing your child’s allowance. • Tracking chores and odd jobs. • Keeping kids (and parents) on budget. • Maintaining parental control, while empowering kids. • Handling money requests, reimbursements, and IOUs between family members. • Teaching your children the power of compound interest, the dangers of debt, the rewards of hard work, the importance of staying on budget, and the wonders of charitable giving. • Customizing your virtual bank to emphasize your family’s own unique values. SEE OUR FULL LIST OF FEATURES: famzoo.com/faqs NOTE: FamZoo cards are only issued in the United States. IOU accounts are available everywhere. WHY PEOPLE LOVE AND TRUST FAMZOO • Winner of the Finovate 2011 and 2013 Best of Show Awards • Winner of the FinCon 2015 Judge’s and People’s Choice Awards • Featured in The Wall Street Journal, The New York Times, TIME, NPR, PBS, Headline News, Money Magazine, and Family Circle. • Featured in the New York Times bestselling book “The Opposite of Spoiled” by Ron Lieber, personal finance columnist for the New York Times. • Featured on top personal finance podcasts including “Stacking Benjamins” and Farnoosh Torabi’s “So Money.” • “No one has attacked the issue more thoroughly than FamZoo.com...Everything I wanted.” ~Dan Kadlec, TIME • “A wonderful app that enables you to teach your kids financial management in a way that fits with your busy life.” ~Caren Merrick, women2.0 • “Among FamZoo’s many clever teaching tools is the ability to pay (and automate) interest on savings balances at whatever rate the parent sets. This allows a parent to demonstrate compounding and growth in a fraction of the time it would take a bank savings account.” ~Kimberly Rotter, Credit Card Insider • “‘Let’s check FamZoo’ has become a common phrase in our house.” ~Danielle Beerli, The Well Organized Mom • Your most sensitive data like SSNs and card account numbers are never stored on FamZoo servers; it is managed by our MasterCard® Network certified, PCI DSS compliant, SSAE 16 compliant, and Regulation E compliant card processing partner, TransCard. • FamZoo prepaid card accounts are FDIC insured. • FamZoo cards can be used anywhere MasterCard® is accepted, in stores and online. • FamZoo has been serving families since 2006. • “I truly appreciate your customer service. It’s above and beyond expected from today’s business. Keep up the brilliant work.” ~Maricio D. GOT QUESTIONS? famzoo.com/faqs NEED TO TALK? famzoo.com/contactus ## Key features - Prepaid cards for family - IOU accounts for tracking funds - Allowance and chore management - Budgeting and goal setting - Savings and charitable giving tracking - Money transfers between family members ## What do users think of FamZoo Family Finance? Overall sentiment: positive **Pros** - 👨‍👩‍👧‍👦 Excellent tool for teaching financial responsibility - 💳 Convenient debit card system for kids - ⚡ Instant money transfers between accounts - 🤖 Automated allowance and recurring payments - 📊 Real-time spending tracking and visibility - 🎯 Flexible features (chores, savings, interest, loans) - ⭐ Outstanding responsive customer service - 🔒 Safe alternative to carrying cash - 📱 Easy-to-use mobile app and website - 💰 Affordable pricing for the service - 🎓 Teaches budgeting and money management skills - 🚀 Quick fund transfers via Apple Pay/Google Pay **Cons** - ⏳ Slow bank transfers (takes multiple days) - 💸 Unclear fee structure and pricing - 🐛 App UI feels like a website wrapper - 🔐 Occasional login and password reset issues - ⚠️ Complex initial setup process - 💳 PayPal reload fees are expensive - 🐢 Slow transaction processing at times - 📉 Lacks modern financial features competitors offer - 🎨 Outdated app design and interface **Commonly reported bugs** - App signs users out unexpectedly - Password reset fails with incorrect email error - Transaction processing delays causing duplicate charges - Card declined despite sufficient funds - Login authentication issues - iOS compatibility issues with older versions **Most requested features** - Free trial or IOU-only plan for new users - Faster bank account transfers (same-day or instant) - Built-in financial education lessons for kids - Easy transfers between non-family members - Automatic spending and savings accounts without additional cards - Direct linking to savings accounts - Lower or eliminated PayPal reload fees - More modern and intuitive app interface - Dark mode option - International currency support (pound sign option) ## Recent user reviews (10 of 90) All indexed reviews: https://appshunter.io/ios/app/famzoo-family-finance/id399321476/reviews.md ### 1/5 — Fees not clear *2025-07-23, version 3.1* This app is a subscription. The same cost no matter the plan. In my opinion, the iou plan should be free, allowing users to get comfortable with the app before deciding to commit financially. ### 4/5 — Loved for a long time, but it’s starting to fall behind others *2024-06-19, version 3.1* We are trying another program because it was a free perk with a different account. Although I have loved FamZoo for years, I’m starting to feel it’s lacking. The other program makes it much easier to fund my account using my Deb card, so the funds are available to send to my child immediately if needed. My son is starting to drive and if he ever needs emergency money, that would be a great feature. The other program includes financial lessons for the kids. It allows easy transfers between friends and family members not in the family account. It automatically has spending and savings accounts without a hassle of additional cards that won’t be used. And so on. FamZoo served my family well and I’m not sure we will be completely leaving because I have a 2 year old we stash cash for in here and the other place she can’t have an account until 6, but I now realize how many features I wish FamZoo would implement. ### 5/5 — 5 stars *2022-05-12, version 3.1* Great app that has worked excellent for my two daughters. I highly recommend. ### 5/5 — Convenient tool for money management *2022-05-01, version 3.1* We’ve used FamZoo for several years, and our 3 pre-teen kids love it. It’s a great way for parents to teach fiscal responsibility, and the cards and app make things very convenient and easy for both parents and kids. And the customer service is great. Highly recommend FamZoo! ### 5/5 — Great for family budget *2022-04-15, version 3.1* We use our FamZoo cards a little differently. We named each one for a different budget item. Groceries, Home Maintenance, Gas, Dinning Out, Pets etc. Then each payday, we add money from our bank account (via Apple Pay) and put the amount on each card we need. We switched to this budget plan instead of using cash envelopes in 2020. It works extremely well for us. Customer service is wonderful! If you have an issue, you can email them and I always heard back within the same day. There is also a FB group you can join that the company maintains and actively moderates. ### 5/5 — Great app *2022-03-25, version 3.1* Very responsive to questions ### 5/5 — Financial Education for Kids - GREAT service *2022-02-15, version 3.1* FamZoo is a great service to teach your kids about financial responsibility. The app provides real-time money transfer from the parent card to the child card with full reporting on all the activity. We use for gas money plus allowance and review the activity with the kids. We recently saw the power of FamZoo when a teenager saw how much money was going to a certain coffee shop. Seeing this, the teenager now makes coffee at home before leaving for school. Strongly recommend FamZoo to teach your kids how to manage money. ### 5/5 — Great App! *2022-02-08, version 3.1* This app has been a lifesaver. My son is not good managing his spending, and with this app I can provide him money on a schedule, and transfer money instantly in the event of an emergency. ### 5/5 — Works very well *2022-02-05, version 3.1* FamZoo is easy reliable, easy way to quickly move cash onto my kids cards. Reload process is a fee cash grab by PayPal, though. ### 5/5 — Great customer service *2022-02-02, version 3.1* Personalized and prompt help is always appreciated ## Frequently asked questions about FamZoo Family Finance ### What does FamZoo do? FamZoo is a family finance app that helps teach kids and teens about money management. It offers prepaid cards and IOU accounts to track spending, saving, allowances, chores, and budgets, reinforcing good financial habits. ### What are the key features of FamZoo? Key features include managing family prepaid cards and IOU accounts, tracking allowances and chores, setting savings and charitable giving goals, creating budgets, and facilitating money transfers between family members. ### How much does FamZoo cost? The app offers a free trial and can be used with IOU accounts, which are available everywhere. FamZoo cards are issued in the United States and require registration via their website. ### Who is FamZoo for? FamZoo is designed for families with children of all ages, from preschool through college. It aims to help parents teach their children about responsible money management, budgeting, saving, and the value of hard work. ### Can FamZoo be used outside the US? FamZoo cards are exclusively issued in the United States. However, IOU accounts, which allow for tracking money held elsewhere, are available for use worldwide. ## Version history (last 3 releases) ### 3.1 — 2018-07-26 This app has been updated by Apple to display the Apple Watch app icon. Minor upgrade to the FamZoo app. Bug Fix: Fixed navigation to links outside the app - like the FAQ - which now open in a new Safari window outside the app. New feature: swipe down to refresh a page. ### 3.0 — 2015-11-01 Support for iOS9. Full use of larger screens. Access to checklists and more. ### 2.0.22.2 — 2010-10-28 No release notes. ## Apps similar to FamZoo Family Finance | App | Rating | Price | Category | | --- | --- | --- | --- | | [Piggy Bank Kids - Bomad](https://appshunter.io/ios/app/piggy-bank-kids-bomad/id6446114229) | 4.7 (531) | Free | Finance | | [Jassby: Debit Card for Teens](https://appshunter.io/ios/app/jassby-debit-card-for-teens/id1375330360) | 4.4 (517) | Free | Finance | | [BusyKid](https://appshunter.io/ios/app/busykid/id1474508509) | 3.4 (1,504) | Free | Finance | | [Get - Kids & Teens Banking](https://appshunter.io/ios/app/get-kids-and-teens-banking/id1526463888) | — | Free | Finance | | [My First Nest Egg](https://appshunter.io/ios/app/my-first-nest-egg/id1592170515) | 4.6 (63) | Free | Finance | | [Kachinga](https://appshunter.io/ios/app/kachinga/id1470044737) | 3.8 (68) | Free | Finance | ## Related topics [family zoo](https://appshunter.io/ios/topics/family-zoo) · [family funding](https://appshunter.io/ios/topics/family-funding) --- *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 2026-09-07.*