gohenry Review: A Prepaid Debit Card Designed for Families

Apply Now
on GoHenry's secure site
The GoHenry Prepaid Debit Card gives parents complete control in managing their childrens finances. With education baked into the product, the GoHenry Debit Card is a great choice to help your kids master personal finance from an early age.
  • Monthly Fee:
  • Card Limit:
  • Best For:
    Parents, Families, Teens, & Children

Disclaimer: This post contains references to products from one or more of our advertisers. We may receive compensation (at no cost to you) when you click on links to those products. Read our Disclaimer Policy for more information.

Teaching your child financial responsibility is one of the most important life lessons to teach them, well perhaps that and chores.

gohenry combines both in their debit card for kids, which works on the Mastercard network. This article will discuss what gohenry is, the pros and cons, and the benefits to the parent and child for using the gohenry debit card.

gohenry Pros and Cons


  • Teaches your child(s) money management.
  • The first month is free, then $3.99 per month per child
  • Real-time alerts on card usage.
  • Parental Controls such as spending limits and merchant limits.
  • A way to pay your child(s) allowance.
  • $0 when you swipe and or use your pin for transactions.
  • Individual chore and allowance pay.


  • Can get expensive with larger families.
  • The only way to load your account is via a linked debit card.
  • Four children tied to one parent account is the maximum without having to add another parent account.
  • The maximum daily load on child accounts is $500.
  • ATM withdrawals have a $1.50 fee.

What is the gohenry Debit Card?

gohenry is a debit card that is integrated within the gohenry app. gohenry states their target audience is kids 6 years of age to 18.

By integrating the Mastercard debit card into their app, parents will be able to have control over the child’s card while teaching them how to spend wisely, saving for their future, and set up automatic payments for chores.

How Does the gohenry Debit Card Work?

Each child account needs to be tied to a Parent account. The Parent will create an account with gohenry first.

Once the account is created, the Parent will fund the account with their bank debit card. When the account is funded, the parent is able to set up transfers (one-time and recurring), spending limits, alerts, and more. The gohenry debit card can be used anywhere Mastercard is accepted.

gohenry Account Features and Benefits

Below are the card features and benefits of the gohenry debit card.

  • Parental Control: gohenry designs its app around the parent controls. The parent can control every aspect of the gohenry child’s debit card.
  • Set Spending Limits: The parent is able to set one-time or weekly spending limits on the child’s card.
  • Store Limits: You as a parent will be able to control where your child can use their card.
  • Real-Time Alerts: Parents are able to set up real-time notifications to be alerted each time the card is used.
  • Control Everything from Your Mobile Device: Parents can control all card functions from the gohenry mobile app that is available on iOS and Android devices.
  • Automatic Weekly Allowance: One of the neat features built in the gohenry app is the chore feature. The parent is able to set up chores for the child and then issue payment when chores are completed, one by one, or on a weekly basis.

How Much Does gohenry Debit Card Cost? Is it Free?

The gohenry debit card costs $3.99 per month per child. You can customize your card for $4.99.

gohenry Debit Card Fees

Outside of the $3.99 per month, per card, the only other fee you will pay is $1.50 per ATM withdrawal. It is worth noting that ATM owners can also charge a separate fee. If you lose your debit card or would like a new design, there is a $4.99 fee.

How Does the gohenry Debit Card Compare?

Here is how the gohenry debit card compares to other companies that also have a child money management focus.

#1. Greenlight Debit Card for Kids vs GoHenry Card

Greenlight calls themselves “the debit card and money app for families”. Kids as young as 6 can get the Greenlight debit card that starts at $4.99 per month and has no minimum balance nor transaction or overdraft fees.

Greenlight also allows parental controls, real-time transfer/usage alerts, and even allows parents to pay interest into the child’s account to educate the child on how savings works.

>> More: Greenlight Debit Card Review

#2. FamZoo Prepaid Debit Card vs GoHenry

FamZoo offers an intuitive app that encourages families to teach their children about financial responsibility. FamZoo offers a two-month trial period. After the trial period, it is just $5.99 per month.

However, if you pay for 6 months at a time, that cost goes down to $4.33 per month. Paying for 12 months at a time will bring the monthly cost down to $3.33 and if you want the best deal, paying for 24 months at a time will drive the price down to a minimal $2.50 per month.

For this fee, you get access to an intuitive app that allows full parental controls and has a chore/allowance feature built in. FamZoo gives you the option of having only the app, for virtual transactions, or also having a debit card.

>> More: FamZoo Prepaid Debit Card Review

#3. Current Debit Card

Teen Banking by Current is a great option. For $36 per year, the teen(s) will get their own card that is linked to the parent card with specific features.

As a parent, you can set up a chore feature to teach/pay allowances, transfer funds instantly to the teen card, set spending limits, block merchants, and set alerts for card usage.

Current members can now earn up to 1x points when they swipe their Current Visa debit card (15x with a Premium account). All participating locations are viewable, via a map, within the Current app.

>> More: Current Bank Review and Current Visa Debit Card Review

#4. Chime Debit Card

Chime offers a Visa debit cardwith no monthly fees nor minimum deposits. If you receive at least $500 per month in direct deposits, you are eligible to enroll in Chime’s “SpotMe” service which allows you to overdraw your account, when using your debit card, up to $20 without any penalty.

If you keep your account in good standing, over several months, this $20 limit can be raised to $100. Setting up a direct deposit will also allow you to receive direct deposit payments 2 days sooner than traditional banks.

Chime allows you to use ATMs for free with more than 38,000 in-network locations. If you would like access to a Savings account, Chime allows you to set up a savings account and will help save automatically by rounding up your purchases to the nearest dollar and putting the remainder in your savings account.

>> More: Chime Bank Review

goHenry Review FAQs

Below are some frequently asked questions about the gohenry debit card.

Is the gohenry Debit Card Legit?

Yes! gohenry is a Mastercard debit card with their banking services provided by Community Federal Savings Bank, which is a member of FDIC. This means your funds are protected up to $250,000.

Is the gohenry Debit Card Safe to Use?

Yes. The gohenry debit card is safe to use. Not only do you get the convenience of being able to use it wherever Mastercard is accepted, but you also get the comfort of Parental controls.

Since gohenry is a debit card, you can only use what is on the card. The card can only be used with the correct pin.

Does the gohenry Debit Card Help Me Build Credit?

Since the gohenry debit card is a debit card, it unfortunately does not help build credit.

Is gohenry a Debit Card?

Yes, gohenry is a Mastercard debit card that can be used anywhere Mastercard is accepted.

How Much Is the Monthly Fee for gohenry?

gohenry costs $3.99 per month per child.

BottomLine: gohenry Review

If you are looking to educate your child on money management and would like to have full parental control over their account/card, gohenry may be a good option for you.

Although gohenry can get expensive for larger families, with each card costing $3.99 per month, there are neat features built into the gohenry app that allows parents to have full control over the spending habits of the child, set alerts up for card usage, as well as a built-in “chore” feature where kids can mark off when they have completed a chore so they can get an allowance.


Brian Latchford
Brian Latchford

Brian is a serial entrepreneur that loves financial technology and personal finance. From working with start-ups to creating his own recruiting company, Brian knows first hand what it takes to manage money. Throughout his career, Brian has become a respected writer covering topics in personal finance, business, and financial technology.