Invest in Allowance
A child's experience with money will follow them for life.
Nickel helps them develop essential skills to secure their financial future.
We make it easy to raise money-smart kids.
Managing money with your kid doesn't have to be complicated. Part mobile app, part prepaid debit card, Nickel empowers you and your child. You stay in control while your child gains real-world experience.
With Nickel, your child can learn to handle money responsibly: how to earn it, when to spend it, and how it can grow.
You maintain oversight while your child faces everyday financial choices. Dinner out or a movie in? Play video games or wash the car? To save or not to save? These decisions bring consequences and valuable lessons learned.
We believe it's better to learn those lessons on $30 rather than $30,000.
Here's how Nickel works for your family:
Hands on, real world experiences.
A POcket FOR THE FUTURE
Kids can save up by sending money to their Nickel Pocket. And with AutoPocket, kids can set it once and watch it grow. All the money they pocket is held off their Card and, after 30 days, can earn the interest you set.
INTEREST RATES THAT TEACH
With Nickel, you can set the interest rate you pay. Set it lower for natural-born savers. Set it higher to motivate spenders. Either way, your child can witness the power of compound interest.
SAFER THAN CASH
For parents and kids, Nickel is better than cash in almost every way. Instantly disable a Card if it's lost or stolen, know where the money is being spent, and send money in an emergency. And because Nickel is designed with kids in mind, certain transactions are automatically blocked: no ATM access, no travel, and no gambling (you can see the full list of restricted categories in the Nickel mobile app). And finally, all of your money in Nickel is FDIC insured. For more details, please see the Cardholder Agreement.
Try Nickel FREE for two months.
After that, it's just $5/month per child.
Currently available exclusively for iOS.
Nickel is designed for kids 8+. They'll need their own mobile phone number to use Nickel.
Full details of the free trial are here.