The best app ever for this.
We t connects great and the money change only takes a couple seconds. It would have been nice to have a tutorial but without it I managed. Great app!!!!!
Archived App (Last seen on 5 May 2025)
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
About
This virtual banking app allows families to manage finances together. Parents can oversee multiple child accounts, set allowances, and track transactions. It also offers flexibility in currency naming and supports multiple languages, making it a tool for teaching financial literacy.
✓Virtual bank for families
✓Parent and child account management
✓Withdrawal and deposit tracking
✓Customizable currency names
✓Financial literacy tool
✓Multi-language support
Show original description
What's New in IBofK
1.4.0
June 6, 2021
- Updates to translations
User reviews
FAQ
How does IBofK help teach kids about money?
IBofK empowers children to make their own spending decisions by tracking their virtual bank accounts. This helps them understand the value of money and the consequences of their choices, fostering a sense of responsibility.
Can parents customize the currency in IBofK?
Yes, parents can choose any term they like for the currency, such as 'dollars', 'euros', 'marbles', or 'tickets'. This feature allows for a more personalized and engaging experience for children.
What languages does IBofK support?
IBofK offers support for multiple languages, including English, Spanish, French, German, Italian, and Catalan. This makes it accessible to a wider range of families globally.
Is IBofK suitable for tracking non-monetary items?
Yes, IBofK can be used to track things beyond traditional money, such as screen time. For example, parents can 'deposit' screen time for chores and 'withdraw' it as it's used.
What is the age rating for IBofK?
IBofK has an age rating of 4+, making it suitable for young children and their parents to use together.
On which devices can IBofK be used?
IBofK is available on iPhone and iPad devices. It also has a web version accessible at https://app.ibofk.com.
How often is IBofK updated?
The latest version of IBofK is 1.4.0, which was last updated on June 6, 2021. Updates are released to improve functionality and add new features.
Does IBofK have ads?
No, IBofK does not contain advertisements. The app is free to use without any ad interruptions.
