'Is Famzoo Debit Card for kids a Scam'

'Is Famzoo Debit Card for kids a Scam'
28:23 Aug 17
'Zoofam is it a scam or is not a scam? How does it compare to Greenlight, Current and also Gohenry? Now I’ve read a lot about this company, and they have been around for more than 10 years.   And that’s why in today\'s video we’re going to call customer service  - And find out exactly how good it is  - All the hidden fees  - And how it actually works   Now before I continue to call customer service and ask them all the hard questions  - This is supposed to be one of the best debit cards for kids  - So I\'m looking for great service and good features to help kids and make it easier for parents  - Also Fun features, to motivate kids to save and do shores   Is the Zoofam debit card for kids a scam   Q&A All questions Answered in video Customer Service: (412) 326-9661 1. What are the requirements to join  2. When is the customer service available 3. What information do you need from my kid 4. How much does it cost monthly  5. Can I use the debit card anywhere in the planet, we go on vacation  6. Are there any more fees associated with the account  7. Free ATMs  8. Any savings features with interest 9. Any future investment features 10. Long term goals for college  11. Does Apple pay work with it 12. Can they use cash app, venmo, and PayPal to send more to there friends also 13. How many chores can you add 14. How long do transfer take  15. Can I send them cash over for emergencies and how long would it take. For free?  16. Real-time with where they can spend money? 17. Can they donate to charities through the app? 18. How many account and cards and I have the kids open? 19. Fraud protection ( if they shop online to buy something they should not have)  19.5 Can I block the card at any time? 20. What do you guys do with the privacy and information of my kids, what information do you keep? 21. Can the account go negative 22. Once they turn 13, I can put their name, but I can still control the account right? 23. cash deposits   Zoo: first 4 are free shipping anything beyond that has a fee of 2$   - Allowance payment and shores  - Odd jobs  - Interest payments ( you set) not good - Instant transfer  Cool: Parents get a card that way when you move money there, you can move money back an forth to your kids immediately and instantly  - Kids see their transactions  - Parents see everything  - Half the kids using the zoo card are under 13 - Once a kid hits 13 they are the legal owner of the debit card - You can have multiple cards ( to mimick and envelop system like spend, save and so on) - FDIC insured  - They don’t store any data ( like socials) - 7-10 business days to receive  - Pay in advance, and it cost 2.50 bucks instead of 5.99 a month - All payments handled through PayPal - You can do cash deposits for free by going to one of the locations ( money pass network) Walmart ride aid and so on Thye don’t charge for out of network but the owner might  - No fees just the monthly fee - One on One with CEO   Cons: The website is outdated, a simple refresh would be nice Copy greenlight and even n64 design  Non-waivable monthly fee ( but no other fees as a pro) No interest rate (No fees though)  Final Thoughts:  It’s a great product it just needs a fresh spin on it? Make it more modern. I would higher outside help to work on the designs.                                               * PRO TIP*                       INFORMATION IS EVERYTHING  Link: None Affiliate links Zoofam: https://www.famzoo.com/?utm_source=supermoney Source: https://www.prepaidcards123.com/famzoo-prepaid-card/ More: https://www.doughroller.net/credit-cards/famzoo-an-online-tool-to-teach-kids-about-money/    

Tags: kids , News , teens , children , Money , family vlogs , parenting , card , credit card , Money Management , how to make money online , how to make money , robinhood , family vloggers , how to make passive income , pocket money , chores , debit card , passive income 101 , Passive Income Ideas , allowance , debit , financial education , 8 passengers , greenlight debit card , gohenry , tommybryson , current debit card , current card , ally bank , best savings account , zoofam debit card for kids , wealthfront

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