GoHenry Prepaid Card Fees - Currencies Available - Mobile App
GoHenry pay-as-you-go card
GoHenry under 18's Prepaid Card is a Visa card for 8-year-olds to 18-year-olds. Full visa facility at your fingertips and ideal for parents loading pocket money.
The Gohenry prepaid card is the only pre-paid card in the UK for 6-18-year-old children. Gohenry was an idea of a group of parents who thought that banks did not offer children a chance to learn responsible earning, spending and saving habits. This company enables children to spend within limits set by their parents as well as allowing children to set saving goals that they can work towards.
To start off, you need to open a Gohenry account, after which the child's card needs activation. They get to receive the card in only 7 working days. After all that done, the parent tops up the card. And set rules regarding spending in order to continue control. Chores and tasks set to be completed by the child to enable them to earn extra cash.
Parents can decide where this card should be used; online, in shops or where there are cash machines. They also get to know where the card used and how much spent by the child. This is through notifications. The card blocked and unblocked to ensure safety in the event lost or mislaid.
1 - Open a GoHenry online account for you and your children within minutes
2 - Receive your GoHenry cards in 5 to 7 working days
3 - From your account, you can set your automatic money transfers for pocket money and spending rules for each account.
4 - You sit back as a parent and monitor and watch your children's spending habits and allowing them to learn to earn, save and spend responsibly.
GoHenry Prepaid Card
How does GoHenry Card Work?
The card has all the features of a Visa card. It used in all places where Visa allowed and both abroad and at home. Hence no qualms whenever parents and their children decide to go on holiday outside the UK. It very secure as it can only be accessed through a pin number that is secure. No phone call required to unblock or block in case suspicious activity detected. And no overdraft nor debt nor expensive mistakes associated with this card.
The costs associated with the Gohenry prepaid cards are affordable. Nothing paid for the first one month. All you need to do is join and the free card posted to you right away. After the first month, one has a choice of either paying 4.99 Euros as a one-off charge for a custom card or use the standard Gohenry card which is free. The parents are responsible for paying the monthly fee, not the children.
The monthly membership fee per child is 2.49 Euros. However, if the account set up before January 18th, 2016, only 1.97 Euros paid per month per child. 50 pounds charged per load into the parent account through a debit card. However, to avoid this, bank transfer payment or standing order can be an option. Replacing a stole, lost or damaged card costs 3.99 Euros. It is free to withdraw in the UK from an ATM and 2 Euros from ATMs abroad. 5 Euros charged for standard transfers to the parent's bank account within 4 working days.