A young person relaxes on a sofa holding a mobile phone and a payment card, showing how it works to manage money on the go.

How It All Works

Your kids learn money basics by earning their own money with Mydoh Tasks and Allowance, and spending it wisely using their Smart Cash Card. And, it all starts from your Parent Account.

 

Two people smile together while looking down, sharing a warm moment that shows how it works to learn about money as a family.

From Your Parent Account You Can View and Manage

A young person in a gray hoodie leans on a fence holding a basketball and a mobile phone, showing how it works to manage money.

This is How Your Kids Build Smart Money Skills

  • Manage their tasks
  • Mark tasks as complete
  • Spend with their Smart Cash Card up to the allowable limit
  • Set a savings goal
  • Track earnings, spending, and see balance
Hands tap a black Mydoh Visa card on a payment terminal, showing how it works to spend money and make contactless purchases.

Mydoh Smart Cash Card

Both the classic and custom Mydoh Smart Cash Card come with a money management app designed for kids and parents.

Kids can make purchases — online and in-store1 —up to allowable limits anywhere that accepts Visa. Plus, you have a clear view of all their activity and can give them encouragement and guidance.

With the freedom to make real-world spending decisions, your kids can learn the value of money and gain a sense of independence as they start building a healthy relationship with money.

A young person lies back looking at a mobile phone, showing how it works to track money and savings with the Mydoh app

Mydoh Saving

With Savings Goals, kids can build a savings habit with ease and make smarter financial decisions. They can save by setting up a goal in the ‘Goals’ savings bucket.

Kids can name the goal and set a target amount and date for the goal to be achieved. They can also choose to just save without a target date or amount in the ‘General Savings’ bucket.

With Mydoh savings, money can be moved from ‘Spend’ to ‘Goals’ or ‘General Savings.’ Kids can also move money between ‘Goals’ and ‘General Savings, and the money has to be moved to ‘Spend’ before a purchase is made.

No monthly fee, no surprises

No monthly fee means extra pocket change to help your kids earn, spend, save, and budget.

Get Mydoh today
A hand holds a smartphone showing the Mydoh app with a Visa card, account balance, and recent activity on a clean white background