# Flyte Kids Invest, Save, Spend — No Fees Debit Card, Investing > Under 18s invest, save, and spend with a debit card and educational tools. (iPhone/iPad app by ELEVATED PRINCIPLES INC..) - Source: https://appshunter.io/ios/app/flyte-kids-invest-save-spend/id1274368588 (this page in markdown: same URL + `.md`) - Developer: [ELEVATED PRINCIPLES INC.](https://appshunter.io/developer/1274368587) - Category: Finance, Education - Price: Free - Rating: 4.37/5 from 1,464 App Store ratings · 50 written reviews indexed - Age rating: 12+ - Requires: iOS 12.0 · 115 MB - Languages: English - Released: 2018-08-08 - Data updated: 2026-06-10 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/flyte-kids-invest-save-spend/id1274368588/reviews.md ## What is Flyte Kids Invest, Save, Spend? With Flyte, under 18s can now invest in stocks and crypto, and spend with their own debit card. If you’re under 18, you’ll get your first stock or crypto when you sign up. Once you’re signed up you can invest with as little as $1 into stocks, ETFs and crypto, all while learning how to invest and build financial security. You can add your debit card to Apple Pay right away, and your card should arrive in about 10 business days. INVESTING - STOCKS & CRYPTO Invest into 1000s of different stocks, crypto currencies and exchange traded funds (ETFs). Investing as little as $1, you can learn how to invest while making your savings work for you. Want to make your investing regular? Setup automatic weekly or monthly orders to take advantage of time and dollar cost averaging. Keep it up and you’ll be getting your future right on track. FLYTE CARD A debit card that lets you spend where you want, when you want. Choose from one of 8 different card designs. Add your card to Apple Pay. Plus a virtual card for additional security when you make online purchases. Earning an income? When you share your Flyte bank details with your payroll company, you’ll get your paycheck two days early - how about that! SEND & RECEIVE CASH, STOCK & CRYPTO Share your Flyte tag or profile link with your friends or family and they can transfer you back for that movie ticket or dinner bill in cash, stock or even crypto. You can also send cash, stock or crypto to anyone with just a phone, email, Flyte handle or from your friends profile pages. The more you share your Flyte handle or profile link with friends and family, the faster you’ll be getting yourself ahead. REACH YOUR GOALS WITH SMART-INVEST •Set & Invest Towards Goals• LEARNING Build financial independence / learning •Financial Lessons for Life• NO FEES/COMMISSIONS • No fees or commissions for trades • No subscription charges • No regular transaction fees SAFETY & SECURITY Investments and investment cash are SIPC insured up to $500,000. Bank deposits are FDIC insured up to $250,000. We protect your account using bank-level security and encryption standards. Build your financial future early. Loved is for young people to invest, save, build wealth and good financial habits for the future. The earlier kids start investing and creating good habits, the more they can save in the long run, and be prepared financially for their future. Disclosures • Brokerage services are provided to Flyte by Apex Clearing Corporation. Individuals should consider their own investment objectives and the Flyte fees. See our Customer Relationship Summary at flyte.com/crs • Flyte Investing utilizes brokerage services provided by Apex Clearing Corporation, a member of FINRA & SIPC. Check the background of Apex Clearing Corporation on FINRA’s BrokerCheck • Flyte Banking services are provided by Evolve Bank & Trust, Member FDIC • Flyte Crypto is served by Flyte Crypto LLC and offered through Apex Crypto LLC. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Flyte Crypto LLC. Please ensure that you fully understand the risks involved before trading: apexcrypto.com/legal © 2022 Elevated Principles Inc. ## Key features - Invest in stocks, ETFs, and crypto - Debit card with Apple Pay integration - Send and receive cash, stock, or crypto - Early paycheck access - Financial lessons and goal setting - No trading fees or commissions ## What do users think of Flyte Kids Invest, Save, Spend? Overall sentiment: negative **Pros** - 🚀 Straightforward setup - 👍 User-friendly app - 💡 Custodial investing for kids - 🚀 Automatic savings features **Cons** - 🐛 Unreliable money transfers - 🔒 Lack of transparency - 🔒 Difficulty withdrawing funds - 👎 Poor customer support **Commonly reported bugs** - Accounts being locked without explanation - Unauthorized withdrawals from linked bank accounts - Delayed or missing deposits **Most requested features** - More investment options - Ability to set limit orders - Improved account management features - Faster transaction processing ## Recent user reviews (10 of 50) All indexed reviews: https://appshunter.io/ios/app/flyte-kids-invest-save-spend/id1274368588/reviews.md ### 1/5 — BEWARE huge red flags with this app *2023-02-25, version 1.0.265* I opened an account in 2020 when my daughter was born thinking this would be an easy way for friends and family to send money directly to her brokerage account. It wasn’t. There’s no way for an adult to send money without opening an account for THEMSELVES first or they could wire it but most banks have a $30-40 wire charge. I set up a $100 monthly auto investment for my daughter and largely forgot about it for a while. I’d log on now and then and would see the balance increasing so I thought everything was fine. One time it said the Plaid connection with my bank was broken and needed refreshed so I connected it and it withdrew HUNDREDS of dollars from my bank BY ITSELF. Apparently they had been crediting her account $100/month *without* withdrawing it from my bank so when the bank connection was reestablished the backlog of transactions were pushed through. HUGE HUGE HUGE RED FLAG PEOPLE. So I decided to withdraw her money and just use something I feel safer about like E*Trade. THE WITHDRAW BUTTON DIDN'T WORK. I had to open multiple support tickets and over a week for it to work and get the money out. It literally felt like a scam like FTX or MtGox where the withdraw buttons just stopped working. HUGE HUGE RED FLAG. I wouldn’t trust this place to be a custodian of any meaningful amount of money, you’ve been warned. ### 1/5 — Bad Communication and No Customer Support *2023-02-24, version 1.0.265* I enjoyed the app for a short time but no longer needed it. Now that I need to close my account the support is horrendously slow to nonexistent. I’ve reached out through several methods to get this resolved. I’ve been trying to do this since 2022. I just want to close my account. I supported this company. I even told a few friends but after this I looked them up on BBB to find out they are not accredited and have a D rating. Let me warn my friends before signing up. ### 5/5 — This is great *2023-02-24, version 1.0.265* I’m just a kid and I have not used a lot of money because of this I highly recommend using this company for another company. This company has earned me so much and I only spent like a couple hundred and now I have thousands Use this company no other companies Will earn you this much ### 1/5 — Makes unauthorized withdrawal from your checking. Will not return your. *2023-02-18, version 1.0.263* I have used this app for a little over a year. Their primary issue is money movement. It takes longer than it should to move money from your checking to Flyte and back. I decided to withdrawal funds from Flyte and send to my checking. Instead, Flyte withdrew money from my checking. They have not returned it. They did not credit my Flyte account with the money they withdrew from checking. Their customer service reps respond every other day. You cannot speak to anyone by phone. They apologize. They promise to fix this but nothing has been done for 15 days. ### 1/5 — Wont close my account out *2023-02-16, version 1.0.263* This service refuses to close out an account I don’t use and they have seemingly lost the money they were transferring into my account… Say it with me folks… it’s a SCAM Update: it baffles me Apple let’s this app stay on the App Store I now see why it’s taking 2 months to close an account out the Dev is too busy responding to people on the App Store they can’t check internal messages from multiple chat requests to close out my account it’s actually unbelievable, not to mention my transfer is somewhere in limbo since they claim they’ve sent it to my account…. Please do yourself a favor and DO NOT DO BUSINESS WITH THIS JOKE OF A TRADING COMPANY ### 4/5 — Good concept app *2023-01-23, version 1.0.260* Sorry that some people have bad experience. In my opinion, it is a good app to be used for long term investment for young people. Not for people moving money around frequently. They don’t transfer money in and out as fast, but it will be done. They do respond to messages promptly. I can understand why people are unhappy. People normally expect money transition much faster. This they should improve to give people more confidence they are in control of their money. ### 1/5 — 2 years later same issues the don’t fix *2023-01-23, version 1.0.260* Nearly every month I have to contact support because the transfers just seem to disappear. Think they are trying to scam people. Have an automated monthly investment for two custodial accounts from a family member sending for my children, every month I have to contact support because these transfers take the money on the sending end but are never received. I end up having to wait weeks every time and they never come. After contacting support they seem to be able to resolve it after a few weeks, but the support is slow and they don’t ever fix the underlying issue. Support doesn’t care that it’s a constant issue, the always tell me it won’t happen again but it’s happened 15 times by my count. If moving my investments wasn’t such a pain I would have already. Fix your app. **Developer response:** Hi there - so sorry for the troubles. We have had transaction delays as a result of a supplier outage but these have now been resolved. Please contact us via chat or support@flyte.com and mention this review and we will make sure the CEO attends to these specifics issues to prevent anything like this continuing. Flyte Team ### 4/5 — Great despite Slow Support *2022-10-22, version 1.0.247* We had a frustratingly bumpy start with this app, during which things didn’t work as they should, and it took the better part of a week to get replies to support messages. But when they did reply they were helpful and got things ironed out, and my kiddo is really enjoying investing. Some of his friends use Robin Hood accounts in their parents’ names, but I’m not comfortable with the options and margin buying available there for a teen who is still developing good judgment — it’s simply too much responsibility and risk. So this is a great, well-managed option for us that still lets him participate and learn while remaining safe. So I’m overall very pleased. ### 1/5 — Horrible customer service and account is locked! *2022-10-14, version 1.0.243* This is the first time I’ve left a review for an app. I started investing for my 3 nieces last year when this app was called Loved. I’ve had no issues until the app changed to Flyte and all of the sudden my account has been locked. I’ve been emailing back and forth with customer service and apparently I’ve been rejected due to certain risk factors. My last email enquired how I can retrieve the funds that I’ve invested over the last year and I’m now getting no response. I would not use this application for long term investments for the children in your family. ### 1/5 — DO NOT USE THIS APP! *2022-10-09, version 1.0.243* This app started off great and I had no issues for over a year, however after the company switched from “Loved” to “Flyte” I started having issues keeping my bank account connected. I have three different custodial accounts for my kids totaling over 5K dollars and am unable to make any more contributions because of this issue. I’m also not sure if I’m even able to withdraw money at this point since my bank account wont stay connected. I’ve been back and forth with them on this issue for awhile and on three different occasions they have told me it was fixed. Needless to say it is not fixed and my money is stranded for now. Customer service has always been slow as well as useless. If I can’t get this resolved I plan on contacting a lawyer. **Developer response:** Hi there I am so sorry to hear of this issue. Please contact us at support@flyte.com and mention this review and I will get this resolved right away. Thanks ## Frequently asked questions about Flyte Kids Invest, Save, Spend ### What does the Flyte Kids app do? Flyte Kids allows users under 18 to invest in a variety of stocks, ETFs, and cryptocurrencies with small amounts, starting from $1. It also provides a debit card for spending, offers early paycheck deposits, and enables users to send and receive cash, stock, or crypto among themselves. The app includes educational content to help users learn about financial management. ### What are the key features of Flyte Kids? Key features include the ability to invest in thousands of stocks, cryptocurrencies, and ETFs with low minimums, a customizable debit card that can be added to Apple Pay, and the functionality to send and receive various assets like cash, stock, or crypto. Users can also set financial goals and access educational lessons on building financial independence. ### Is there a cost to use Flyte Kids? The app states there are no fees or commissions for trades, no subscription charges, and no regular transaction fees. This suggests the core services are free to use, aligning with a 'free' monetization model. ### What are the safety and security measures for investments and banking? Investments and investment cash are SIPC insured up to $500,000, and bank deposits are FDIC insured up to $250,000. The app protects user accounts using bank-level security and encryption standards. ### Who is the target audience for this app? This app is specifically designed for individuals under the age of 18 who are interested in learning about investing, saving money, and developing good financial habits early in life. It aims to help them build financial security and independence. ## Version history (last 5 releases) ### 1.0.270 — 2023-03-14 This is what we've packed into this release: • Important bug fixes and performance improvements. ### 1.0.269 — 2023-03-12 This is what we've packed into this release: • Important bug fixes and performance improvements. ### 1.0.268 — 2023-03-09 This is what we've packed into this release: • Important bug fixes and performance improvements. ### 1.0.267 — 2023-03-06 This is what we've packed into this release: • Important bug fixes and performance improvements. ### 1.0.265 — 2023-02-20 This is what we've packed into this release: • Important bug fixes and performance improvements. ## Apps similar to Flyte Kids Invest, Save, Spend | App | Rating | Price | Category | | --- | --- | --- | --- | | [Cogni Multi-Chain Wallet](https://appshunter.io/ios/app/cogni-multi-chain-wallet/id1483957512) | 4.7 (1,421) | Free | Finance | | [Zoro Card: Credit Builder](https://appshunter.io/ios/app/zoro-card-credit-builder/id1478757081) | 2.7 (56) | Free | Finance | | [EarlyBird: Invest & Celebrate](https://appshunter.io/ios/app/earlybird-invest-and-celebrate/id1517808320) | 4.6 (532) | Free | Finance | | [Kachinga](https://appshunter.io/ios/app/kachinga/id1470044737) | 3.8 (68) | Free | Finance | | [Bumper - Teen Investing](https://appshunter.io/ios/app/bumper-teen-investing/id1600213126) | 4.1 (116) | Free | Finance | | [Kora Money](https://appshunter.io/ios/app/kora-money/id1478980460) | 4.4 (4,751) | Free | Finance | --- *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 2026-06-10.*