# IBofK — Family Banking App > Virtual family banking app for parents and kids to manage accounts and teach finance. (iPhone/iPad app by 34 Fame, LLC.) - Source: https://appshunter.io/ios/app/ibofk/id1561649206 (this page in markdown: same URL + `.md`) - Developer: [34 Fame, LLC](https://appshunter.io/developer/1561649208) - Category: Education, Finance - Price: Free - Rating: 4.40/5 from 5 App Store ratings · 1 written reviews indexed - Age rating: 4+ - Requires: iOS 12.0 · 13 MB - Languages: English - Released: 2021-04-13 - Data updated: 2026-06-10 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/ibofk/id1561649206/reviews.md ## What is IBofK? IBofK is a virtual bank for families and is the only family bank app that allows parents and kids to manage their bank accounts from this mobile app and the web site (https://app.ibofk.com). Parents and kids can perform withdraw and deposit actions, as well as view the transactions register. Parents can manage multiple child accounts. Each child can have a weekly allowance defined. Parents decide what to call the currency. It can be "dollars", "euros", "pesos", "bucks", "marbles", "chips", "tickets", or whatever term you like to use with your kids. You can track money or use the account to track things like screen time. For example, you could "deposit" 1 hour of screen time for helping with household chores. Then "withdraw" the amount of time spent on electronics. What would an "international" bank be without support for multiple languages? IBofK supports English, Spanish, French, German, Italian and Catalan! This tool is very helpful with teaching kids finance and responsibility. My kids used to ask me to buy something for them every time we went out. Since we started using IBofK, they are empowered to make their own decision on whether or not a purchase is really worth it to them. I was amazed at how this changed their perspective of money! ## Key features - Virtual bank for families - Parent and child account management - Withdrawal and deposit tracking - Customizable currency names - Financial literacy tool - Multi-language support ## Recent user reviews (1 of 1) All indexed reviews: https://appshunter.io/ios/app/ibofk/id1561649206/reviews.md ### 5/5 — The best app ever for this. *2024-10-11* 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!!!!! ## Frequently asked questions about IBofK ### 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. ## Version history (last 5 releases) ### 1.4.0 — 2021-06-06 - Updates to translations ### 1.3.1 — 2021-04-28 - Closing the app no longer requires login when re-opened (mobile only) ### 1.3.0 — 2021-04-24 - Added parental approvals for child-initiated transactions - Removed child-initiated transaction deletions ### 1.2.0 — 2021-04-19 - Updated app icons - Added ability to request new features - Added ability to report issues ### 1.1.1 — 2021-04-18 New - Added About page - Added Reset Password feature - Added App Store links Enhancements - Updated French translations Bugs - Remove unnecessary scroll bars ## Apps similar to IBofK | App | Rating | Price | Category | | --- | --- | --- | --- | | [St. Mary's College, Arklow](https://appshunter.io/ios/app/st-marys-college-arklow/id1034787165) | — | Free | Education | | [WEF Collections & Stormwater24](https://appshunter.io/ios/app/wef-collections-and-stormwater24/id6446956872) | — | Free | Education | | [Brookfield First](https://appshunter.io/ios/app/brookfield-first/id1673616976) | 5.0 (2) | Free | Education | | [SESC Ed Coop](https://appshunter.io/ios/app/sesc-ed-coop/id1640313714) | — | Free | Education | | [Treasure Card](https://appshunter.io/ios/app/treasure-card/id1497332121) | 3.8 (19) | Free | Education | | [Manna University](https://appshunter.io/ios/app/manna-university/id1567847305) | — | Free | Education | --- *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.*