Credit Cards
How to apply for the FamZoo Prepaid card?
Wondering how to teach your kids to manage their finances? If so, read our post about the FamZoo Prepaid card application!
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by Victória Lourenço
FamZoo Prepaid card application: learn how to order this card and help your kid’s finances
If you are looking for a new prepaid card to help your kids learn how to use their own money, the FamZoo card can be for you. Also, the FamZoo card allows you to have a separate account from your kid to help you control how they are spending. Therefore, keep reading our post about the FamZoo Prepaid card application to learn how to apply!
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Apply online
You can easily order your FamZoo card through FamZoo’s official website. All you need is a computer with internet access. So, you can go to the website and look for the prepaid card option. Then, you can click on order cards and provide some of your personal information.
Apply using the app
You can you the FamZoo app to manage all your card’s finances and your kid’s money. However, you need to follow the steps on the topic above to order your card before you start using the mobile app.
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FamZoo Prepaid card vs. Prepaid card CIBC
If you are unsure about getting the FamZoo Prepaid card, we can give you a different prepaid card option. The CIBC prepaid card can also be a great option for parents that need to teach their kids how to use their own money. However, this card would be a better option for teenagers. This is because it does not have the account option to have parental control. So, check out our comparison table below to help you choose your next prepaid card!
| FamZoo Prepaid card | Prepaid card CIBC | |
| Credit Score | All scores. | All scores. |
| Bank and ATM Fees* | There is a monthly fee of $5.99. You don’t have to pay ATM withdrawals fees. There is a $4.95 cash reload fee. *Terms apply. | No fees per transaction and no annual fees. *Terms apply. |
| Cash Withdrawals | There are no fees for cash withdrawals. However, there is a maximum of $510 per day. *Terms apply. | If you made withdrawals in Canada, you don’t have to pay any fees. But if you make withdrawals in another country, you have to pay a $2.50 CAD fee per month. *Terms apply. |
| Welcome bonus | There is no welcome bonus. | There is no welcome bonus. |
| Rewards | There are no rewards programs. | No regular rewards. |
How to apply for the Prepaid card CIBC?
If you are looking for a card that can give you more control over your money, check out our post about the CIBC Smart™ card application!
Victória Lourenço
Aline Barbosa
Senior Editor
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