A mobile wallet and virtual debit card for kids — but it’s only compatible with iOS.
finder.com’s rating: 4.0 / 5.0
★★★★★Jassby is a free chores and allowance app that has its own virtual debit card for kids. It’s complete with parental controls, budgeting tools and a savings goal tracker. But the virtual debit card is only compatible with Apple Pay and iOS devices.
$2.99 per month
Minimum deposit to open
Cassidy Horton is a writer for Finder, specializing in banking and kids’ debit cards. She’s been featured on Legal Zoom, MSN, and Consolidated Credit and has a Bachelor of Science in Public Relations and a Master of Business Administration from Georgia Southern University. When not writing, you can find her exploring the Pacific Northwest and watching endless reruns of The Office.
Expert reviewJassby is a virtual debit card that’s best for kids who have an iPhone. They can complete chores and earn allowances in the app, then use their money online or in person with their Jassby debit card. Parents can set spending limits for the card, as well as assign chores and pay allowances.
Another interesting perk is that the Jassby card comes with a free six-month free trial — the longest free trial we’ve yet to see with any kids debit card. After that, you just need to make one purchase a month to avoid the $2.99 monthly fee. Again, very inexpensive compared to other cards that cost upwards of $50 a year.
But unlike other kids’ debit cards, this one is only compatible with Apple devices, and your kid won’t get a physical card in the mail. This means that if they want to buy something in person, they need to make sure the store accepts contactless payments first. This may not be a big deal if you live in a larger city where contactless payments are becoming the norm. But if you’re in a smaller town, your options might be limited.
How do I get the Jassby virtual debit card?
Here’s how to get your own Jassby card:
- Go to the provider’s site and follow the steps to apply.
- Click Learn More and How to Join for Free.
- Enter your email address.
- Install the Jassby app on your iOS device.
- Create your profile.
- Verify your email address.
- Add your family members to your account.
- Verify your identity.
- Link a bank account or debit or credit card.
- Follow the prompts to request your kid’s virtual debit card.
Parents must meet these requirements to use Jassby:
- At least 18 years old
- US citizen or legal resident
- US phone number
- US bank account or credit card
- iOS device
Required informationJassby may ask for this information when requesting your virtual debit card:
- Your date of birth
- Your Social Security number
- Child’s date of birth
How do Jassby‘s fees compare to the competition?Jassby has one of the lowest fee structures of any kids’ debit card we’ve seen. Here’s how its fees compare to the competition:
|Fee||Amount||How it compares to other kids’ cards|
|Monthly fee||$2.99 or $0 when you make at least one virtual debit card purchase a month||This is one of the lowest fees we’ve seen yet. Most kids’ cards have a monthly subscription fee that costs $50 a year on average. With Jassby you pay $0 to $35.88 a year depending on how much you use it.|
|ATM withdrawal||Not available||Although you can withdraw money from an ATM with most kids’ cards, you can’t with Jassby.|
|Cash reload fee||Not available||You can only load your card through the mobile app.|
|Card replacement fee||Not available||Jassby is a virtual debit card, so you don’t have to worry about losing it.|
What are the benefits of Jassby?
Like most cards for kids, Jassby supports chores and allowances. And it comes with these benefits:
- Six-month free trial. You can try Jassby for free for six months before a potential monthly fee kicks in, giving you plenty of time to see if it’s the right fit for your family.
- Easy-to-waive monthly fee. There’s no monthly fee when you make at least one purchase a month with your Jassby virtual debit card. Otherwise, it’s $2.99 a month.
- Parental controls. Adults can set spending limits, turn their kid’s debit card on and off, award one-time bonuses for reaching savings goals and more.
- Jassby Mall. Kids get access to an in-app Jassby Mall, where they can buy more than 20,000 products from retailers like Starbucks, Apple and Nintendo.
What should I look out for?
As with most virtual debit cards, you can’t use Jassby to withdraw cash at an ATM or buy something in-person from a store that doesn’t support contactless payments. It also has these potential drawbacks:
- Only supports Apple Pay. Jassby doesn’t support Google Pay or Samsung Pay, so your child must have an iPhone to use their virtual debit card at a store.
Want your child to have a physical card? Check out these top-rated debit cards for kids to find the right one for you.
Compare Jassby with other debit cards for kids
How can I fund my child’s Jassby account?
The only way to load funds onto your child’s Jassby app is through a parent’s linked bank account, debit or credit card.
Kids can either spend their money via their Jassby virtual debit card or ask an adult to withdraw the money for them if they need cash.
Is Jassby safe for my child?Jassby is powered by Mastercard and FDIC insured by Sutton Bank. It uses bank-grade encryption to protect your sensitive information, so it’s just as safe as any bank account you’d open for yourself.
Frequently asked questions
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