Best Teen Money Savings Apps

4.8😐(196K ratings)

Free

#49in Finance

Manage your finances with a mobile banking app that offers early direct deposit, fee-free overdrafts, and credit building tools. Earn cash back on purchases and interest on savings.

What We Love

🚀 Early paycheck deposits
💳 Unique and stylish debit card design
💰 Competitive savings interest rates
🔒 Secure banking experience
💸 Helpful overdraft protection
📱 Intuitive and user-friendly mobile app

Room to Improve

🕰️ Slow mobile check deposit process
🤖 Inconsistent and impersonal customer service
🔍 Difficulty resolving disputes and fraudulent charges
🔒 Security and account access issues
💳 Limitations on ATM withdrawals and card usage

Revolut — Teen Finance by Revolut Ltd

The money app for teens

Strong Contender

4.8😊(2.2K ratings)

Free

This app helps teens manage their money by offering a customizable debit card, virtual cards, and the ability to send and receive funds. It includes savings features and spending analytics, with parental supervision and controls available.

What We Love

👍 Easy to use and navigate
💳 Customizable card design
💰 Helpful for managing money
🚀 Fast and responsive app
🔒 Secure banking experience
🤑 Allows earning money through challenges

Room to Improve

🐛 Occasional app crashes
🔒 Restricted access for under 18s
🤑 Limited ability to receive money from non-Revolut sources
🔍 Difficulty transferring to main Revolut app
💳 Lack of virtual/digital card option

Mintable: Teen Budgeting by Nuvica

Simple budgeting for teens.

Worth Considering

GoHenry by Acorns Kids Banking

5.0(3 ratings)

Free

This app helps teens manage their money by creating budgets, tracking spending, and setting savings goals. It offers interactive lessons and quizzes to improve financial literacy, making personal finance easy and fun for young users.

More Teen Money Savings apps to explore

Debit Card, Allowance, Chores

Automated allowanceChore rewardsSavings goals

This app helps kids and teens learn about earning, saving, and smart spending through automated allowances, chore rewards, and educational content. It provides a prepaid debit card for real-world practice, with parental controls for guidance and oversight.

(15K)

imaginTeens: Your first bank

App with account, card, bizum

Money managementAllowance receptionPersonal debit card

Manage your money, receive your allowance, and get your own card for purchases. Set savings goals and learn financial basics through engaging videos. Exclusive discounts are also available.

(23)

Step: All-In-One Money App

Build, Spend, Save, and Borrow

Build credit for freeCashback on purchasesEarn interest on savings

This app helps users build credit, earn cashback on purchases, and save money with high interest rates. It also offers early access to funds and opportunities to earn extra cash through various activities. The platform aims to improve financial independence and offers a secure, globally accepted Visa card.

(82K)

Money. Debit Card. Bitcoin.

Cash App

Send & receive money/bitcoin instantlyRound up spare change to saveInvest in stocks, ETFs, and bitcoin

Easily send and receive money or bitcoin instantly. Save by rounding up change, invest in stocks or bitcoin, and get paid up to two days early with direct deposit. Features a customizable debit card with exclusive discounts.

(8.7M)

For smart teens aged 9-17y.

Joey: Teen Banking

Visa debit card for spendingTrack spending history and habitsParental guidance and monitoring

This app helps teens aged 9-17 manage their money responsibly with parental guidance. It offers a Visa debit card for spending, saving, and tracking finances, while parents can securely send funds and monitor activity.

(1)

Finance, Safety, Calendar

Greenlight: For Families

Family money managementAutomated allowances and choresKids and teen investing

This app helps families manage finances, teach kids about money, and enhance safety. It offers features for earning, saving, spending, and investing, along with robust security for all family members, including seniors.

Exclusive Student Discounts

Verified student discountsLocal and online offersFood, study, and fitness deals

Access verified student discounts at local businesses and online retailers. Easily find offers for food, study supplies, and fitness, then redeem them quickly with your student verification.

This app helps teenagers manage their money, learn to save, and make purchases. It allows teens to set savings goals, request funds from parents, and even order debit cards. Parents can monitor spending and approve transactions.

Child-led onboardingParent-led onboardingRequest money from parents

SaverLife: Accelerate Savings

(6)

ad-supported

Learn Tips, Win Cash, Save $$

Savings challenges with cash rewardsEarn points for saving progressRedeem points for scratchers to win cash

This app helps users accelerate their savings through unique challenges that offer cash rewards and points. Earn points for progress, redeem them for chances to win more money, and access money-saving tips and articles. Build a habit to achieve your financial goals.

(84)

Learn money-grow confident.

finsavvy teen

Simple. Reliable. Private.

End-to-end encrypted messagingHigh-quality voice and video callsGroup chats and calls

Connect with friends and family globally through private messaging and high-quality calls. Share moments, documents, and stay in touch across devices, even on slow connections. Your conversations are secured with end-to-end encryption.

🌐 Social Networking

(19M)

Easy account access anywhere.

Capital One Mobile

View account balances and statementsPay bills and loansCheck credit score with CreditWise

Manage your finances on the go with comprehensive account access. View balances, pay bills, track transactions, and monitor your credit score. The app also offers card management, rewards redemption, and peer-to-peer payments.

(11M)

Savings goal – Smart Planner

Create your savings plan

🔧 Utilities

(0)

QUBER: Find joy in money

Save money, earn rewards

Emergency savings accountCashback rewardsMonthly incentives (APY)

This app helps you build savings for unexpected expenses and financial goals. It offers rewards like cashback, incentives, and sweepstakes entries as you save. Employers can sponsor the cost, making it free for users with potential matching contributions and automatic payroll savings.

(812)

Trump Accounts: Official App

Invest in your child’s future

Open accounts for eligible childrenAutomatic investment in long-term fundsTrack contributions and monitor performance

This app helps eligible American children start building long-term financial growth. It allows for contributions from family, friends, and employers, automatically investing funds for long-term growth. At 18, the account converts to a Traditional IRA.

(19K)

Revolut: Send, spend and save

Change the way you money

Multi-currency spending and transfersVirtual and physical card optionsStock trading with low minimums

Manage your money with a comprehensive financial app. Spend, send, and save across multiple currencies, invest in stocks, and track your spending with smart tools. Offers features for both adults and children's financial education.

(72K)

Debit card, rewards, pay later

PayPal - Pay, Send, Save

Send and receive money globallyEarn cash back offersRequest a debit card

Manage your finances with a secure app for online and in-store shopping, sending money globally, and earning cash back. It also offers savings accounts, cryptocurrency trading, and package tracking.

(6.3M)