The money app for families

One app for everyone. Parents can manage chores, allowance, and savings. Kids learn and get rewarded.²

Open an account in minutes

Checking account and the Modak Visa® debit card issued by Lewis & Clark Bank, Member FDIC.

Total Savings

$55.30

Completed Chores

5 Chores

For Parents

Family-wide Benefits

Personalized debit card

Visa® debit card¹ for kids with no monthly fees* and no-cost delivery.

Chores & Allowance

Assign chores & give allowance to your kids seamlessly.

Savings goals

Help your kids save for their goals, from buying a book to funding their college education.

Monitor spending

Monitor your kid’s finances within the app.

For kids & teens

Good Habits, Gamified

Kids and teens can earn in-app rewards points² by actively learning and engaging. MBX can easily be converted into pocket money with their Modak Visa® Debit Card¹

Learning & Challenges

New challenges every week with rewards for completing them. Financial learning, reading and more.

Walk & Earn

Rewards for walking 5,000 steps a day.

Daily Rewards

New rewards every day in the app by doing your daily scratch.

Shop, Scratch, & Get Rewards

Kids can earn surprise rewards and financial tips with each purchase.⁵

Seeking answers? FAQ to the rescue!

How does Modak keep sensitive personal info safe and secure?

We have implemented several ways to protect your personal information:

Encryption: All sensitive information is encrypted in transit standard protocols.
Access controls: Access to sensitive information is restricted to a limited number of authorized personnel, who are subject to background checks and ongoing security monitoring.
Data protection policies: Modak has established strict data protection policies, including data retention and deletion policies, to ensure that sensitive information is not retained for longer than necessary.
Compliance: Modak adheres to relevant security and privacy regulations, including those imposed by the Consumer Financial Protection Bureau (CFPB), to ensure that sensitive information is handled in a manner that meets the highest standards of security and privacy.

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Are there any fees?

There are no hidden fees associated with Modak. We don't charge for opening a card and most of our services. However, if you need expedited or premium services, our app will show you and ask for your permission before charging the fees. For example, we charge $0.50 for debit cards (and 3% extra for credit cards and Apple/Google Pay) when you load your kid’s modak card with your debit or credit cards. Do note that our normal ACH - funding via your other bank accounts - is free.

How old do I have to be to join Modak?

To sign up, you should be below 18 years old. Your parent or guardian will be the account holder, allowing you to use it.

The money app for families