Good habits, gamified

Kids and teens earn for learning and keeping good habits.

Open an account in minutes
Financial learning app for kids and teens
Riley earned MBX
for Learning today
Riley redeemed MBX for $5
Instant payment power!

FROM THE INVESTORS OF

Riley earned MBX
for Learning today

Good Habits, Gamified

Kids and teens can earn in-app rewards points (MBX)2 by actively learning and engaging. MBX can easily be converted into pocket money with their Modak Visa® Debit Card¹

Financial learning app for kids & teensFinancial learning app for kids & teens

Walking

Kids can turn steps into dollars by walking 5,000 steps a day.

Learning & Challenges

New weekly challenges and rewards for completing them. Financial literacy, reading and more.

Daily Rewards

New rewards and financial tips for your kid every day.

Shop, Scratch, & Get Rewards

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

MBX Calculator
$
The MBX Rewards Program allows all customers, whether they have a Card or not, to earn MBX through eligible activities such as completing challenges, using the walking feature, or making purchases.7
(*) This calculation is based on data gathered in May 2024, where 100 MBX = $1 and users earn on average 800 MBX per week. This is an approximation and not a guaranteed result.

Trusted by customers just like you

This app is amazing! Im able to earn money by completing activities through the app

- Bridger K.

i think it's a great app for young people to learn financials

- Brolin.

Really cool concept. Interesting and informative challenges to earn MBX! it's awesome!

- Amy H.

This app is amazing! Im able to earn money by completing activities through the app

- Bridger K.

i think it's a great app for young people to learn financials

- Brolin.

Really cool concept. Interesting and informative challenges to earn MBX! it's awesome!

- Amy H.

4.8 App Store Rating

Based on thousands of reviews as of June 24th, 2024

Open your account
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No minimum deposits or
monthly fees required.*

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

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.

‍

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.

See all FAQs

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

Modak is a financial technology company and not a FDIC-insured bank

Funds deposited into Checking Account may be eligible for up to $250,000 of FDIC insurance.

The FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured depository institution.

App Store and Play Store ratings as of October 31st, 2024.

(*) Fees for expedited or premium services may apply. Find out more in our Cardholder agreement.
(1) Checking account and the Modak Visa® debit card issued by Lewis & Clark Bank, Member FDIC.
(2) For more information about MBX, visit our MBX Policy.
(3) The savings goals feature is intended to assist you in planning and tracking your savings progress. It does not imply or guarantee any interest earning.
(4) For more information about this study, click here.
(5) Modak Scratch 'em all feature Terms and Conditions apply.
(6) $6 Welcome bonus. Terms and conditions apply.
(7) The MBX Rewards Program allows all customers, whether they have a Card or not, to earn MBX through eligible activities such as completing challenges, using the walking feature, or making purchases. However, only customers with a Card can redeem MBX for monetary rewards. A minimum balance of 100 MBX (approximately $1.00 USD as of October 2024) is required for redemption, though the value is subject to change and not guaranteed; for details, visit MBX Policy. No minimum balance is required to open an account, and redemption of MBX into USD is processed instantly upon meeting the minimum balance requirement. This program does not accrue interest and (0.00% APY) applies.
(**) Welcome Bonus and Referral program terms and conditions apply.

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