Jassby: Kids’ Debit Card Review
Jassby isn't available on Finder right now.
- Fee
- $5.95 per month
- Minimum deposit to open
- $0
Our verdict
This virtual debit card lets kids earn rewards for quizzes, games and real-world tasks.
Jassby is a digital debit card that pushes kids to learn about finances through quizzes, games and courses. As kids progress through the lessons, they grow their financial literacy score and earn points, which they can redeem for money. Plus, you get the usual chore, spending and savings tools that most kids' digital bank accounts offer.
Best for: Families looking for gamified financial learning.
Pros
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Earn cash for learning about finances
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Tracks financial literacy knowledge
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Up to 6 kids with one plan
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Automatic allowance
Cons
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Not many features for the monthly price tag
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Can't set up recurring chores
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$1.95 fee to fund with debit card
Who is Jassby best for?
Jassby is ideal if you want your kids to learn about finances through quizzes, courses and incentives.
While there’s no age requirement to use it, kids under 13 need their parents’ approval to open it. The card is also for large families, as it allows you to add up to six family members, and the $5.95 monthly fee covers the entire family.
While Jassby is mostly marketed as a virtual kids’ debit card, you can order an optional physical debit card in the app.
What we like about Jassby
Through Suttn Bank, the Jassby kids’ cards are FDIC-insured up to the typical amount of $250,000. The card itself is a Mastercard, and can be used anywhere Mastercard is accepted (in-person, online, contactless, etc.).
Parental controls
Kids have the ability to create savings goals, parents get alerts when their kids use the card to make purchases and its automated allowance feature lets you put payments on autopilot.
Parents can set spending limits per transaction, per day and per month. Parents can also lock and unlock the debit card in the app.
The virtual debit card also works seamlessly with mobile wallets like Apple Pay and Google Pay, and you can request a physical card as well.
Financial literacy courses
Jassby’s mainstay is its financial literacy courses that let your kids earn money as they learn.
Jassby offers courses and games in their app to help kids learn about managing money through educational and interactive courses. Each lesson is followed by a quiz to test understanding, and there are games to keep kids engaged. The app also has a “Jassby Financial Literacy” score that they earn as they complete lessons, chores, make donations and more.
The icing on the cake is the rewards program. Points can be earned in many ways, like logging into the app, receiving their allowance, completing activities, sending money to someone or using the debit card. Once the kid has earned enough points, they can visit the Rewards page to be redeemed for funds to be placed in the Spending Pocket of the Jassby Allowance Account or be added to the debit card.
While Greenlight and Acorns Early (formerly GoHenry) offer similar financial literacy resources, neither offers a financial incentive to motivate kids to complete courses. Greenlight focuses on minigames and scenario questions through story-based gameplay, while Acorns Early turns to stories and quizzes tailored to your child’s age. But one thing that differentiates Greenlight and Acorns Early from Jassby is that their curriculums are expertly developed to either meet or exceed national financial literacy standards.
Savings and rewards
Like most kids’ digital bank accounts, your kid can create savings goals for things like a new bike or giving to their favorite charity. If you have multiple kids, they can also collaborate on saving for a purchase, teaching them to work together.
Kids can earn Jassby Rewards points in the app by completing chores, making chariable donations or sending money to others. These points can be redeemed in any amount over 100 points.
However, the savings pockets and goals don’t offer any actual interest.
What could be better
Jassby’s main downfall is the monthly fee, and the cost doesn’t really justify the few features you get. If you got Jassby a while ago (before April 1, 2023) you get to enjoy a lower monthly fee of $3.95/mo, but everyone who opens now pays $5.95/mo per family.
Compared to other top kids’ banking apps, such as Greenlight, Jassby doesn’t really match up. Greenlight also charges a monthly fee, starting at $5.99, having similar features to Jassby such as savings tools and financial literacy games. But Greenlight also offers store-level spending limits, savings rewards, investing features and cashback rewards.
No repeating chores
Jassby requires that you create chores manually — you can’t assign the chore to repeat from day to day or week to week. A few customers have made this complaint, and Jassby hopes to offer recurring chores in a future update.
However, allowances can be set up on a weekly or monthly basis.
Compare Jassby with other debit cards for kids
Compare other kids’ debit cards by fee and features.
What is the Finder Score?
The Finder Score applies to 45+ kids' debit card options. It takes into account the card's fees, features, age requirements, ATM access and more — this gives you a simple score out of 10.
To provide a Score, we compare like-for-like debit cards. So if you're comparing the best kids' cards with no monthly fees, you can see how card stacks up against each other by features, opening deposits and other benefits.
Jassby’s fees and access
Jassby’s monthly fee is slightly higher than what you’ll find with other kids’ banking platforms. And to boot, some competitors offer additional hands-on features for kids to learn about finances for a slightly lower fee, such as BusyKid’s investing and FamZoo’s loans tools.
| Type of fee | Fee details | How it compares to other kids’ debit cards |
|---|---|---|
| Monthly service | $5.95, waived for the first month | This price is slightly higher than average. |
| Opening deposit | $0 | Most kids’ bank accounts don’t require you to make an opening deposit. |
| ATM fee | No ATM access | Other kids’ banking platforms like Greenlight and Acorns Early (formerly GoHenry) let kids use any ATM. |
| Debit card fee | $4.95 per physical card replacement | Fees for card replacement are common with digital kids’ accounts. |
| Foreign transaction fee | 0% | Most kids’ banking platforms charge 0%–3% fee, or they won’t allow foreign transactions at all. |
| Overdraft or insufficient funds | $0 – transactions will decline if there’s not enough money | Most kids’ banking platforms won’t let kids overdraw the account, so they don’t charge an overdraft fee. |
| Wire transfers | Not available | It’s common with kids’ debit cards to not have access to wire transfers. |
| Other fees |
| Most kids’ debit cards don’t charge for statements or account inactivity. |
Customer experience
Hundreds of customers enjoy using the app for teaching their kids the basics of spending and saving, granting a rating above 4 out of 5 stars in app stores. They like that their kids can track their own spending and get their own debit card.
However, some customers are frustrated with different features glitching or not offering what they expect. Specifically, customers complain that they’re unable to create recurring chores, add the debit card to digital wallets or send money from the card back to the family account.
Keep in mind that many customers leave reviews when they’ve had an overly positive or negative experience.
Kids’ debit card ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top debit cards for kids and rate them one to five stars based on factors that are most important to you. We rate kids’ checking accounts by these factors: Monthly fee, features, ATM access, customer support options, and availability. We also consider APY as a factor only for those that earn interest. We rate prepaid debit cards for kids by these factors: monthly fees, features, customer support options and account availability.
Read the full methodology of how we rate Kids’ debit card accounts.
Sources
Your reviews
Bethany Finder
Banking editor
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