Kachinga vs Panhandle First

Kachinga™ helps parents raise financially smart kids by combining an intuitive allowance, chore, and savings management app with a secure debit card for kids with parental controls to provide critical real-world money experience. Kachinga empowers kids by giving them age-appropriate ideas how to earn money and the freedom to make their own money decisions in a safe and controlled environment. And gives parents peace of mind by making it super easy to transfer money (no more trips to the ATM!), providing transparency and controls for kids’ spending, and delivering personalized financial literacy guidance and tools to help teach kids how to manage money responsibly. Kachinga uses a reloadable debit card which means kids can only spend what parents put on the card. This means no overspending and no unexpected overdraft fees. Ever. FOR PARENTS – CONVENIENCE & PEACE OF MIND - Automate allowances & paid chores - Instantly transfer money to kids’ cards - Manage paid & unpaid chores - Get real-time spending & chore notifications - Set parent-paid interest rates for all savings - Automatically match funds for each Save goal - Turn card on/off from the app - View kids’ account histories & trends - Invite others to contribute to kids’ Save goals FOR KIDS & TEENS – FREEDOM & RESPONSIBILITY - Use their own app to manage their money - Track Spend, Save & Give account balances - View & manage chores - Request paid chores - Create savings & giving goals - Shop online & in stores with their own card - Use Apple Pay - Turn card on/off from the app - View account history & trends SECURITY YOU CAN COUNT ON - No hidden fees & no overdrafts mean no unwelcome surprises - Accounts are FDIC insured through our partner Sunrise Banks, member FDIC - Bank-grade encryption & authentication; we never store Social Security numbers - Highly secure data management & strict data privacy; we never sell your data - Fingerprint & Face ID lock to ensure privacy & security - Automatically blocked categories for non-age appropriate spending - Parents can choose if or how much money a kid can withdraw from ATM Kachinga offers two subscription options: - Real Money (Free for 1 month, $36/year per child): Transfer money to your child's Kachinga reloadable debit card to provide critical real-world experience. - Virtual Money (Free): Manage & track money you're holding elsewhere for your kids. Perfect for younger kids! Learn more at https:/kachinga.com.

Thanks to our app, kids and teens can now learn important money management skills by completing chores, earning money and using their mobile devices. Due to the lack of financial education in most schools, our app has just about everything any child (5 to 17 years old) could ever need to help build the important money skills they’ll need to be successful adults. From the palm of their hands they can make real-life money decisions with parents serving as a safety net. Teens and kids can earn, save, donate to charities and spend. They can even use the funds to learn to invest in real stocks. Hand-on experience is the best way for kids to learn, and with parents approving all money transactions leaving the app, it’s safer than giving them actual money. Chores and allowance tracker: Kids can earn an allowance by doing chores based on age and schedule. There are hundreds of chore/allowance combinations available but a parent can also add their own. In addition, the app’s chores and allowance tracker helps them build important character traits like accountability, dependability, time management and teamwork. Enjoy our easy setup and real-time push notifications on chores and money transactions. Teach Easy Investing*: Included in every family account! No upgrades needed! Teach your kids/teens how to invest from an early age and their potential can be limitless. Think college funds, first car, a home, and more. These valuable skills could help guide them through adulthood and create financial strength you can’t get with a bank alone. Learn to invest on our app and your assets are safe with our integrated investing platform, backed by Apex Clearing Corporation. Families can invest together, and within, just a few clicks make an investment for as little as $10 a transaction (and say goodbye to commissions). Being Charitable: Our app promotes a balance financial lifestyle and that includes being charitable. Donating is important for more reasons than the tax implications. Our app has more than 60 local and national charities built in to help make sharing easy. Safety First: We use the latest SSL encryption technology, and funds inside the app (child’s accounts) are FDIC Insured. The app and cards require individual PINs for use, and we strongly encourage all PINs be different. Parents receive alerts for any money transactions and card issues. Has all sensitive information stored by partners compliant with all Payment Card Industry Data Security Standards. This Panhandle First Bank program is provided through BusyKid. The BusyKid Visa® Prepaid Card is issued by Pathward®,N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. Card can be used everywhere Visa® debit cards are accepted. All cardholder funds are insured by the FDIC in accordance with the FDIC’s applicable terms and conditions. For more information about your card terms and conditions including the VISA® Zero Liability policy go here. Cliq® is the exclusive and authorized Servicer of the BusyKid VISA® Prepaid Card. Brokerage services provided by Apex Clearing, an SEC-registered broker-dealer and member of FINRA/SIPC. *This optional feature/service is an Apex Clearing product. Investments in securities: No Bank Guarantee • May Lose Value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives, charges and expenses.