What you need to know:
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Verizon Family Money enables parents to help kids save, spend, earn, and become money-savvy, all within an easy-to-use app and prepaid debit card.
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Kids get an experience designed with them in mind, including a spending account with a prepaid debit card, and a savings Vault to save for future goals. Parents are always in control and can have peace of mind with tools to help teach financial literacy.
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Try Family Money for 30 days on Verizon1.
BASKING RIDGE, N.J. – Today, Verizon introduced a new tool for parents to help their kids as they take charge of their financial future. Starting today, Verizon and non-Verizon customers can try Verizon Family Money for 30 days on us1— a new, easy-to-use app and prepaid debit card that allows kids to save, spend, earn, and become money-savvy. Parents can step back and watch their kids become financially responsible as they help manage from the sidelines. Verizon partnered with Galileo, the API standard for card issuing and digital banking, to create the fintech platform Family Money is built on. The Family Money Prepaid Visa Card is issued by Metropolitan Commercial Bank2.
With Family Money you can:
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Empower them to learn: kids can track spending, complete chores, and grow their savings with app features that encourage financial skills.
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Watch them grow: parents can monitor spending, set up allowance, see purchases, and let kids make decisions while watching them succeed.
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Stay in control: make rules, lock cards or set…
