Mydoh
By Royal Bank of Canada
Mydoh is a Money App Smart Card for teenagers (6-18) and fogeys. From your parent account, easily set up duties or an allowance in your children. Then, watch as your kids earn money securely by finishing duties, and spend their earnings responsibly, utilizing their Mydoh Smart Card. With Mydoh’s Play function, your youngsters can full trivia that may educate them essential money basics like budgeting, cost of residing, and tips on how to save. You can follow their progress, and also you additionally get useful recommendations on how to continue money conversations with your kids.
KIDS LEARN THE VALUE OF MONEY
You can begin teaching your youngsters about money at an early age! Set up one-off or recurring duties from your mother or father account, to teach your kids that money is earned. You also can set a weekly allowance and make immediate one-off cash transfers.
KIDS LEARN MONEY BASICS
Play teaches your children about cash fundamentals with trivia. Kids can learn about bank cards and taxes, and how they work. From your mother or father account, you presumably can see how your kid(s) are doing with the trivia, and you’ll be given ideas on how to have money conversations at home.
SPEND ANYWHERE VISA AND APPLE PAY IS ACCEPTED
Your kids can safely spend their earnings utilizing their Mydoh Smart Card on-line or in-store, anyplace that Visa is accepted. React to their purchases (both the good and not-so-good) using emojis - somewhat positive reinforcement goes an extended way!
SAFE AND SECURE
The Mydoh Smart Card is issued by Royal Bank of Canada and powered by Visa. Rest assured that there is not any danger of your children going into debt - they cannot spend more cash than they've on their Mydoh Smart Card.
KIDS GAIN INDEPENDENCE WHILE YOU STAY IN CONTROL
Your kids construct sturdy money values by making their own spending decisions. You keep concerned by monitoring their spending and checking their balances, all in real-time. Lock and unlock your kid’s Smart Card if you need to, via the app.
POWERED BY ROYAL BANK OF CANADA
Mydoh was created with the support of Royal Bank of Canada, offering security and peace of mind. RBC goes beyond banking, by creating services and products that assist clear up issues and make peoples’ lives better.
DETAILS
You can attempt Mydoh at no cost for a limited time*. After your free trial ends, a monthly charge of $4.ninety nine ($2.ninety nine for RBC Clients**) will be taken out of your Mydoh Wallet. You can cancel at any time by contacting Mydoh customer assist.
*Royal Bank of Canada reserves the proper to cancel, modify or withdraw this at any time.
**RBC Client means a person who holds at least one personal deposit account with Royal Bank of Canada (excluding saving accounts and US dollar accounts), or a private RBC Royal Bank Credit Card.
Opening a Mydoh account is quick, and simple. Visit mydoh.ca to study extra.
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