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Go Henry or similar

11 replies

Macey78 · 06/04/2021 22:37

Does anyone here use go Henry cards how have you found them, would
You recommend or
Do you use something else which works better. Looking for recommendations.

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dementedpixie · 06/04/2021 22:39

At age 11 they can get a high street bank account with card. I refused to pay for something like GoHenry

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SummerSazz · 06/04/2021 22:40

I agree with @dementedpixie. We just got normal interest bearing current accounts with Lloyds. Dd1 (14) has internet banking so I can see what she is up to on her phone

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rainbowthoughts · 06/04/2021 22:43

Current account with debit card from most high street banks from age 11. Nobody needs go Henry

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tinkerbellvspredator · 06/04/2021 22:49

I have a Revolut card for trips abroad and have ordered a Junior Revolut card to go onto my account. Have to pay a delivery fee for the card but no ongoing charges.

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ArtemisiaGentle · 06/04/2021 22:49

We looked into GoHenry but the charges put us off. Dd (14) has a young person's current account that we put money in by standing order which costs nothing at all.

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DeltaAlphaDelta · 06/04/2021 22:55

We are happy to pay the go henry charge but will probably switch to a normal bank account soon.

We liked that you can add jobs with set amounts attached to each, so pocket money is earnt, but only some is paid if all chores are not completed. Its also easy to manage and you can set limits for cash withdrawals, internet shopping, daily spend or individual transactions. It also encourages the child to set up a saving account for specific things they want that they can manage themselves.

I promise I dont work for them or have another vested interest, but DS has had his since he was about 8 or 9 I think, and it has helped him to learn about money management (with our help). I think its worth the £3 a month.

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Billandben444 · 06/04/2021 23:07

I agree with the above. My grandson has the Go Henry card and his mum has peace of mind in case he loses it/has it taken that not much money can be stolen. He has the attention span of a gnat.