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 digitise their pocket money.

It’s colourful and entertaining, so they’ll love it. And you retain full control, setting limits and getting notifications. There are quite a few kids’ debit cards around, but Rooster Card and its app have some stand-out features. We’ve covered the pros and cons in our review.


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.

The basic version is a pretty simple app to keep track of their chores and reward them when they complete them.

However, you can upgrade to the prepaid card that goes with it and effectively use it as a children’s 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, for example.
  • 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 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. Rooster says the average rate that parents give is a market-beating 9%. Lucky kids!

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 a bank account (which is why it’s only available to children who are aged 6-18). It comes with the following features:

  • A parent account and app for you. Complete with account number and sort code, dashboard on the app and notifications.
  • A prepaid card and app for your kid. The account 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. And you’ll be able to see where the money’s going.

How much does RoosterMoney cost?

You can choose between three different plans. If you want to go for the card, or Plus, there’s a one-month free trial so you can try before you buy.

  • 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. There’s a one-month free trial.
  • 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. There’s a one-month free trial.

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 (such as bars and gambling sites) will be blocked. If you want more 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 Financial Services Compensation Scheme protection for 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).

RoosterMoney details

RoosterMoney Card
RoosterMoney Card
Monthly fee£2.08 (1 month free trial)
Card fee£0
Transaction fee£0
UK ATM fee£0
Loading fee3/day or 10/month free
Account typedebit
Replacement feeFree for the first replacement (per household), £5 thereafter

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 4 years old can use Rooster (age 6 for the card).
  • Lots of control over where your children use the card and how much they can spend.
  • The card can be frozen from the app.
  • One-time CVV for more secure online purchasing.
  • One-month free trial for the card.
  • Annual fee is one of the cheaper options available.


  • Annual fee to access the full range of features, including the card.
  • Parents topping up card limited to 3 loads a day/10 a month for free.
  • Spending abroad on the card is free up to £50 a month, then it’s 3% of the transaction.
  • No interest paid on the account balance.

The verdict

The space of children’s prepaid cards is getting more crowded as challengers such as Starling and Revolut jump in. This is always a good thing for consumers because it keeps 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 good controls. Where it stands apart from the rest is the range of educational features and tools for kids to learn about managing money.

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 the 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.

Get started by visiting Rooster Money's website and ordering a card. If you have read this review and decided that Rooster Money’s card is not for you, you can also discover other prepaid cards for kids on the market.

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