Millions of stories One card

Millions of stories One card

Millions of stories One card

We’re proud to collaborate with Scholastic Book Fairs as the preferred cashless solution, providing kids and teens with a secure, easy way to buy books.

Mydoh

What is Mydoh?

What is Mydoh?
  • A free money management app and Smart Cash Card that’s raising the next generation of financially savvy kids and teens
  • Provides financial freedom, without the fear
  • Simplifies your family’s finances, tasks, and money transfers with one streamlined all-in-one system
Free to Download. No monthly fee 🎉

How does Mydoh work?

How does Mydoh work?
  • Pay your kids for tasks and set up an allowance
  • Spend money safely with our Mydoh Smart Cash Card
  • Send and receive money instantly
  • Build money saving habits

Why go cashless?

Why go cashless?
  • Say goodbye to loose change and counting cash
  • Our Mydoh Smart Cash Card provides a secure, easy way for kids and teens to buy books and manage their money
  • Kids and teens learn about using money in the real world while learning through books
  • Parents can monitor their kids’ purchases and lock their card if it gets misplaced
  • Order your card now before your next Scholastic Book Fair

Why Mydoh?

Youth will learn and develop strong financial habits through real-world money experiences.

Youth will learn and develop strong financial habits through real-world money experiences.

Provides youth with opportunities to have conversations about personal finance.

Provides youth with opportunities to have conversations about personal finance.

Helps youth gain independence and prepare for the future.

Helps youth gain independence and prepare for the future.

Free tools and resources for parents/guardians and youth. 

Free tools and resources for parents/guardians and youth.

FAQs

The Mydoh Smart Cash Card is a reloadable digital and physical Visa prepaid card for kids, issued by Royal Bank of Canada. There is no interest rate charged on the card, or risk of debt. Kids can only spend the money that is available on their card’s balance. There are two versions:

  • Digital card: Your kid’s digital card will be activated as soon as they sign up and log
    into their Mydoh account.
  • Physical card: When you register your kids on the Mydoh app, you can order a Classic
    Mydoh Smart Cash Card for them at no additional cost.

Mydoh has been designed for kids ages 6–17 years old. It allows youth to gain real-life financial experience by earning, spending, and saving real money.

The Mydoh Smart Cash Card is not the same as a debit card. It is a reloadable digital and physical Visa Prepaid Card for kids. However, like a debit card, kids can only spend the money available in their Mydoh wallet.

The Mydoh Smart Cash card is a Visa prepaid card, but it is not the same as a credit card. Unlike a credit card, there is no interest rate charged, or risk of debt for kids and teens.