FAQs
A reloadable digital and physical Visa prepaid card for kids and teens, issued by the Royal Bank of Canada.
Mydoh is designed for families with kids ages 6–17 years old. It helps kids gain real-world financial experience by enabling them to earn, spend, and budget their own money.
No, the Smart Cash Card is not a debit card. It’s a reloadable, prepaid Visa issued by the Royal Bank of Canada. Like a debit card, kids can only spend the money available in their Mydoh wallet so there’s no risk of overspending.
No, the Mydoh Smart Cash Card Card is not a credit card nor is it a lending product. No interest is charged. Kids can only spend the money that is available from their card’s balance, which comes from funds that have been loaded onto the card.