RoosterMoney review

Brush your teeth twice a day. Do your homework. Clean your room. It can be a list on the fridge... or on a cool mobile app.


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With RoosterMoney, you can keep track of your kids’ chores and behaviour and digitalise their pocket money.

It’s colourful and entertaining, so they’ll love it. And you retain full control.


Get the pocket money sorted with RoosterMoney

  • Get the Tracker app for free
  • Manage pocket money with your family easily
  • Create goals to save for
  • Track your kids' spendings
  • Choose between three plans

What is RoosterMoney?

RoosterMoney is an app to manage your children’s pocket money and teach them good money habits.

It starts out as a pretty simple app to keep track of their chores and reward them when they complete them.

However, if you want, you can also get the prepaid card that goes with it and effectively use it as a children’s current account.

How does RoosterMoney work?

RoosterMoney is made of two parts: the app and the card.

The app

The app can be used with children as young as four and, in itself, is just a very clever way of rewarding them for executing a task they’ve been given. From the app, you can:

  • Assign them a chore and “reward” them when they complete it. The reward can be in the form of money (which you’ll have to give in cash, at this stage) or, at the very beginning, just a star in the app.
  • Set goals. For example, you can establish, say, a 15-star goal. Once they reach it, you can buy them a toy of their choice or organise a trip to the zoo.
  • Set a series of tasks they have to complete before unlocking their pocket money. If your kids are old enough for you to give them weekly pocket money, this is a clever way of tying it to their good habits and behaviour.
  • Teach them how to save. The app has a “savings” pot and you can reward your children when they put money aside by setting up an interest rate.

Children can have their own login, whether on their device or on yours, to see how much they’ve earned and how they’ve been doing compared to the past.

Be aware that, if you just get the app, you will not be opening an actual account, nor dealing with real money.

The card

This is the bit of RoosterMoney that more closely resembles an actual bank account (which is why it’s only available to children who are at least eight years old). It comes with the following features:

  • A parent account for you. Complete with account number and sort code.
  • A prepaid card for your kid. Which is funded from the parent account.
  • Spending control features. You can decide whether the kids can use the card to spend online, in person, to withdraw cash from ATMs or all of the above. You can also set dedicated spending limits.

The card is linked to the app, so children will be able to see the available balance on the app’s “spending” pot.

How much does RoosterMoney cost?

You can choose between three different plans:

  • Free. With this, you only get the most basic features of the app, so you can set chores and reward your kids when they complete them, but not much else.
  • Plus. This costs £14.99 a year or £1.99 a month and includes the app’s more advanced features, such as the ability to add interest to the savings pot.
  • Card. If you want actual money involved, this is the plan you’re interested in. It costs £24.99 a year and includes all the app’s features, plus a prepaid card and a parent account.

Using the card is free. There are no charges for making card payments or withdrawing cash from ATMs, not even abroad (a rare feature for a children’s account).

Up to 10 transfers from the parent account to the children’s account are also included for free (it’s £0.50 per load after that).

Is RoosterMoney safe?

If you’re worried that placing a prepaid card in your children’s hands may spiral out of control, you can probably relax. There are no overdraft options, so your children can’t go into debt, and you’ll be able to see every transaction they make directly on the app.

Attempted transactions at merchants that sell products for over 18s (e.g. alcohol) will be blocked. If you want to retain 100% control, you can disable the ATM withdrawal option.

The app generates a new CVV code every time your kids want to use the card to pay online, which adds an extra layer of security, together with the fact that you can freeze the card from the app if it gets lost or stolen.

Finally, RoosterMoney isn’t a bank, so there will be no protection on your deposits. But the company is licensed by the Financial Conduct Authority (FCA) to deal in electronic money and keeps all client money in a segregated account (where RoosterMoney itself can’t touch it).

Compare debit cards for kids

Data indicated here is updated regularly
Name Product Network Monthly fee Card fee Transaction fee UK ATM fee Loading fee
123 Mini Current Account
123 Mini Current Account
gohenry - with free custom card and one month free
Free customised card
50p (one free top-up per month)
gohenry - with two months free
50p (one free top-up per month)
RoosterMoney Card
Free for up to 3 per day and 10 per calendar month
Revolut Junior
Starling Kite

Compare up to 4 providers

Pros and cons of RoosterMoney


  • Great educational value; a slick app with lots of features to personalise the way you teach your children about finance.
  • Children as young as four years old can use it (eight for the card).
  • Total control over where your children use the card and how much they can spend.
  • Safe and secure. The card can be frozen from the app.
  • No fees for using the card (including abroad).
  • One-month free trial.


  • Annual fee to access the full range of features.
  • You cannot top up the account using cash.
  • No interest paid on the account balance.

The verdict

The space of children’s prepaid cards is getting more and more populated, which is always a good thing for consumers because it keeps the prices low. Compared to its competitors (such as gohenry and nimbl), RoosterMoney is among the cheapest options, and it comes with a great app, reliable security and total control.

Just keep in mind that traditional children’s current accounts usually come for free. So, when you decide to use a prepaid card with a monthly or annual fee like RoosterMoney instead, you’re essentially paying for parental control and educational features.

If you’re not especially interested in them (for example because your kids are old enough to be trusted with how they use their pocket money), RoosterMoney is probably an unnecessary investment.

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