Welcome to Go Henry Reviews
We have been using Go Henry for nearly two years now and it has become central to helping us teach our children how to mange their finaces better. How to budget, save and use electronic money systems. I have put together a Go Henry review site with all the facts and information that you will need to get started.
Go Henry Features
|Maximum One Off Card Load||£500|
|Cost of Closing the Account||FREE|
|Contactless Visa Debit Card||YES|
|Visa Debit Card with PIN||YES|
|Monthly Fee Per Child||FREE TRIAL|
|Load from Bank Account||50p|
|Load from Debit Card||50p|
|Maximum Loads Per Day||3|
|UK Card Usuage Fees||FREE|
|International Card Usage Fees||2.75%|
|ATM Withdrawal Fee - UK||FREE|
|ATM Withdrawal Fee - Abroad||£2|
|Maximum Withdrawal Amount||£120|
|Withdrawal Daily Limit||£120|
|Maximum Spending in One Day||£4000|
|Maximum Account Balance||£6000|
So what exactly is Go Henry?
Go Henry is a smartphone app, website and contactlass VISA debit card, that helps parents teach their children and teenagers how to manage their finances. The cheque is now virtually unused and buying things with cash is on the decline. I wonder if our children will be the first generation to use electronic money systems, more than cash? The difficulty is that spending on plastic and microchips can easily lead to unmanageable amounts of debt. That is where Go Henry has really helped us as a family to provide financial education to our children.
As a parent of two children aged 8 and 10, I feel I have a responsibility to prepare them to manage their finances. Go Henry has a website with full reporting and a simple to use interface for setting up the parameters for each child. I can easily set up controls and allowances and they can only spend what I permit them to spend. They can also earn extra pocket money, I simply add it to their account using my smartphone, at the click of a button.
If your child or teenager has a smartphone, tablet or iPod, then they can also access the smartphone app. The app contains a list of tasks or household jobs that they can perform to earn extra money. The app also shows them instantly where they have spent their money and what they have left to spend.
Go Henry also sends you an alert whenever your child or teenager makes an in-store purchase or withdraws money from a cash machine. If they lose their bank card, then at the click of a button the card can be blocked, either by you or your child/teen.
It's an amazing tool that has helped us to educate our children about money, and how to be responsible with it. So much so that we thought we would put together a blog to help other parents and to share our experiences.
DISCLAIMER - THIS IS AN INDEPENDENT WEBSITE
WITH NO OFFICIAL CONNECTION WITH GO HENRY.