Family banking with no monthly fees*

Debit card for kids and app for families

Open an account in minutes
debit card for kids and teens, app for families
$20 Sent to your kid
In seconds

FROM THE INVESTORS OF

$20 Sent to your kid
In seconds

The future should belong to everyone

We believe family banking with no monthly fees should be available to everyone. That’s why Modak offers a Visa® debit card¹ and financial app with no monthly fees*.

Money app for families

Feature packed, no monthly subscription*

A money app for families, debit card for kids and teens
For Parents

Assign and manage chores

Monitor spending

Create personalized savings goals

Multiple funding options: bank account, debit or credit card, Apple and Google Pay.

For kids & teens

Financial education and tips

Free shipping for your card

In-app reward point system²

Personalized Visa® debit card¹

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

Trusted by customers just like you

Great card!! My son is so happy and is more responsible with the chore money he earns now! Having this card is teaching him to be financially responsible.

- Heather W.

This app makes it so easy to manage your kid’s allowance, we’ve been using it for 1 year and it keeps improving!

- Bridger K.

I really like this app because you can learn while you're also earning 😁 10/10!!!

- Lamiyah H.

Great card!! My son is so happy and is more responsible with the chore money he earns now! Having this card is teaching him to be financially responsible.

- Heather W.

This app makes it so easy to manage your kid’s allowance, we’ve been using it for 1 year and it keeps improving!

- Bridger K.

I really like this app because you can learn while you're also earning 😁 10/10!!!

- Lamiyah H.

4.8 App Store Rating

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

Open your account
in minutes

Get started

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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