bankaroo-virtual bank for kids

bankaroo-virtual bank for kids

1,000 - 5,000 downloads

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View bigger - bankaroo-virtual bank for kids for Android screenshot
View bigger - bankaroo-virtual bank for kids for Android screenshot
View bigger - bankaroo-virtual bank for kids for Android screenshot
View bigger - bankaroo-virtual bank for kids for Android screenshot
bankaroo is a virtual bank for you and your kids.

You can manage your kids’ funds, and teach them about the value of money by helping them save for their goals on bankaroo.

Use the bankaroo mobile app to keep track of your kids’ balance on the go, add and use funds anywhere you are!

Use this mobile app to:
= Sign up and login to the bankaroo service
= Create and manage kids accounts
= Add funds to kids accounts
= Set kids’ allowance
= Log usage of funds
= Set and manage saving goals
= Add cool icons to goals
= Review goals and saving status
= Earn cool badges
= Review upcoming activities
= Review past activities
= Teach our kids about money and making smart financial decisions
= Facebook integration – post updates to your wall

The bankaroo service supports accounts in USD, GBP, Euro, NIS, CAD and JPY. (Tell us if we the currency you are using is not listed, and we will add it).

You can also sign up and use the service online at


The story of bankaroo
Growing up in the Silicon Valley, Danielle was always fascinated by computers and their endless possibilities. She likes to go on walks with her dad, Etay, and pitch ideas to him. One day, they were out shopping and she wanted dad to get her something using her chore money. Dad said she already used it for something else, but they couldn't remember what for. This was the inception of the bankaroo idea.

Danielle wanted to build a website and a mobile application that will help parents teach kids about the value of money, as well as help them manage their allowance, gift and chores money. She came up with bankaroo (, a free service that is a virtual bank for kids money, where they can save up for goals, use money for different things while their parents can add allowance, chore and gift money into their virtual account. The real money stays in the parents' wallets, but the virtual representation of it is very real.

Danielle came up with the functionality and the design and dad developed the website and app. Danielle was the QA specialist and critique, and also did all the tutorials you can see on the site. The service is completely free and is a service for the community and for all kids out there.

Tags: virtual bank, kids finances, kids virtual banks chores.

Recently changed in this version

New Android version. Fixed issue with keyboard not shown in some screens.
iOS version available on

Comments and ratings for bankaroo-virtual bank for kids
  • (61 stars)

    by Maciej Szymanowski on 31/03/2014

    I like: - online sync/storage (we can access the account from all our devices) - nice design - easy and clear interface (could be even easier though, e.g. for spending money you tab twice: "-funds", "one time". This could be simpler. I don't like: - nothing I am waiting for: - more features which will help teaching dealing with money to my kid, e.g. to visually illustrate amounts, savings progr

  • (61 stars)

    by Peter Williams on 06/03/2014

  • (61 stars)

    by Bryan Grimm on 04/12/2013

    Works exactly as intended..

  • (61 stars)

    by sharen allen on 27/09/2013

    I would like the option to do less than $1 increments...

  • (61 stars)

    by Chuck Lorence on 26/08/2013

    Love this app. Its fast enough when I have a 4G connection. I use this to make sure I don't forget to give my kids their allowance on a weekly basis. When the kids get a check from someone (e.g. birthday gift), we add the money to their Bankaroo account and deposit the funds into our account. When the kids want to buy something they ask us how much "bankaroo money" they have and then decide if the

  • (61 stars)

    by Sun Denning on 16/08/2013


  • (61 stars)

    by Dana Jenkins on 11/07/2013

    The data connection is so slow, real problem. I like the simplicity and look of the app, exactly what I was hoping for. If it could be available on & offline & data connection wasn't so slow I wouldn't have to uninstall it.