Please or to access all these features

Product tests

Here's where users test and review products and give their feedback. If you'd like to run a product test please email [email protected].

See all MNHQ comments on this thread

Want to test a way to better manage your family's money? £300 voucher to be won for feedback

28 replies

JustineBMumsnet · 25/01/2017 14:09

We’re looking for Mumsnetters to test Soldo, the family spending account, and tell us what they think.

We’re looking for testers who:

  • Have a child or children aged between 8 and 18 who they’d like to use a Soldo card and/or
  • who employ people within their household(e.g. an au pair) that they’d like to manage some of the household spending.

Testers will need to have an iPhone (iOS 8 or above) or Android (4.4 or above) smartphone and to download the Soldo app which is required for testing.

Here’s what Soldo have to say: “Soldo, the UK’s first family spending account, is tailored for kids and adults alike. Give a Mastercard to everyone in your household aged 8 and up and set everyone free to spend what they need to spend. Meanwhile, our snappy app means you never have to let go of the purse strings. Unlike other family spending apps, Soldo isn't just for kids. For adults, Soldo is the smart way to separate your day-to-day spending (mmmm, coffee!) from the monthly bills that your current account takes care of. With Soldo, you can set bespoke budgets, limits and rules, instantly switch cards on and off in the app, and track everyone's spending with instant notifications. All balances are shown in real time, all the time. Don’t break your budget (or the bank) – let Soldo keep you and your family on the right track financially in 2017, and beyond.”

The information you will need to provide Soldo with will be: your postal address, email address and mobile number. You won’t need to share your bank details with Soldo when signing up, but in order to test the service, you’ll need to load money onto your Soldo account either by completing a bank transfer (free) or by using your debit card (a small fee applies).

If you’re selected to take part, we’ll send you a unique code, which you’ll need to email to Soldo once you’ve signed up. This will register you as a tester, so that you’ll get your Soldo account for free for 3 months. You will not be automatically charged at the end of the testing period.

Once you’ve tested the service for around 2 months, you’ll need to post your feedback on a thread and fill in a short survey. All testers who complete the required feedback will be entered into a prize draw where one MNer will win a £300 Amazon voucher.

To learn more about Soldo, please click here.

To sign up, please click here.

Thanks and good luck with the prize draw!

MNHQ

Standard Insight T&Cs apply

Want to test a way to better manage your family's money? £300 voucher to be won for feedback
OP posts:
MommieMommyMom · 14/02/2017 18:25

I would really like to try this out.
I have one current account, an ISA that I don't touch, and a regular savings account that I may as well not have as I'm always transferring to my current account to buy junk.

I very recently asked my mum if she could take my card and just give me a cash budget for a week (yep, I'm a 33 year old mother and have zero self control)

I guess I could just put my weekly budged onto a prepaid card, and then leave my debit card at home. Then I can't impulse buy things as I always do. I go to a supermarket for Nappies and leave with £200 worth of crap I never needed 😏

I also give my boys cash on a weekend to go to the cinema and things, I would feel much safer if they had a card.

So yes, I'm willing to give it a try and see if it could help us. A few quid a month is nothing compared to what I spend impulse buying in a day.
Every.
Single.
Day.
Hmm

marshgirl · 17/02/2017 14:49

I liked the idea of this until I read that a cash withdrawal costs money. I have a 14 years old daughter and feel at this age it would be nice to introduce her to finance and banking. This sounded like a good option as I could still have some control on she spent her money but knowing that withdrawing money would be a big part of this, I don't find it necessary to charge. It's a shame really.

Mary17 · 22/02/2017 01:58

Could I get some more information bout this please

New posts on this thread. Refresh page