Reviews

FamZoo Prepaid card full review

If you need a card to teach your kids how to manage their own money, the FamZoo card can be just for you! Read our FamZoo Prepaid card review to know more!

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by Victória Lourenço

Published on 04/16/2022

FamZoo Prepaid card: teach your kids how to manage their money

Learn about this card on our FamZoo Prepaid card review! Source: The Mister Finance
Learn about this card on our FamZoo Prepaid card review! Source: The Mister Finance

If you have kids and need a card to help them learn how to manage their finances, a prepaid card can be perfect! With a prepaid card, you can load just the right amount your kid needs to learn how to manage their money. Also, the FamZoo Prepaid card can be an excellent option to help you control and teach your kids how to use their own money. Therefore, keep reading our FamZoo Prepaid card review to learn more!

Credit ScoreAll scores.
Bank and ATM Fees*Monthly fee of $5.99.
No ATM withdrawals fees.
$4.95 cash reload fee.

*Terms apply.
Cash Withdrawals*No fees for cash withdrawals. Maximum of $510 per day.

*Terms apply.
Welcome bonusNo welcome bonus.
RewardsNo rewards program.
smartphone with FamZoo's mobile app onscreen

How to apply for the FamZoo Prepaid card?

Are you looking for a card to teach your kids about finances? If so, read our post about the FamZoo Prepaid card application!

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How does the FamZoo Prepaid card work?

You can teach your kids how to manage their finances! Source: Unsplash
You can teach your kids how to manage their finances! Source: Unsplash

With the FamZoo prepaid card, you can control your kids’ financial learning and load just the right amount for them to use in a certain period. For example, you can have access to your kid’s funds and transactions. Also, you can easily share your funds with your kid’s account. Moreover, your kid can sign in in a completely different place so that you can differentiate your accounts.

In addition, you do not need to have a bank account to apply. However, you have to pay a small monthly fee to use the account’s features. Therefore, you need to understand the company’s terms and conditions before considering applying to get this card.

FamZoo Prepaid card benefits

The FamZoo card is designed to help you teach your kids how to manage their own money from a young age. This is a great option for parents because they can control their child’s spending and teach them money management skills. But, like any card, the FamZoo prepaid card has some drawbacks. For example, using the card’s features costs money.

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Pros

  • There are separate accounts for parents and kids.
  • You can use this card’s features to teach your kids how to manage their own money.

Cons

  • There is a monthly fee to use the card’s features.

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How good does your credit score need to be?

Since it is a prepaid card, you do not need to worry about your credit score before applying. However, we recommend that you read the card’s terms and conditions before submitting your application. Therefore, you can know exactly how much you have to pay and how much you can load on the card and other information.

How to apply for a FamZoo Prepaid card?

You can easily order your FamZoo prepaid card through FamZoo’s official website. And you do not need a fancy smartphone to do this. All you need is internet access and a computer. Therefore, read our post below to know all about how to order your FamZoo prepaid card!

FamZoo logo

How to apply for the FamZoo Prepaid card

Are you looking for a card to teach your kids about finances? If so, read our post about the FamZoo Prepaid card application!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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