MemoryBank compared
MemoryBank is a read-only dashboard that shows each child the UTMA, 529, custodial Roth IRA and savings accounts their family already has, and explains them at their age. Here is how it lines up with other apps parents look at, using facts from each company’s own site and no ratings.
Kids’ money and investing apps
Card, allowance and investing apps for kids and teens. Most hold the money themselves; MemoryBank shows the accounts you already have.
MemoryBank vs. Greenlight
A debit card for kids with parent-approved investing.
MemoryBank vs. Acorns Early
A card app that opens and manages a UTMA for your child.
MemoryBank vs. BusyKid
A chores-and-allowance app with a prepaid card and parent-approved stock buying.
MemoryBank vs. Fidelity Youth
A brokerage account a 13 to 17 year old owns and trades.
MemoryBank vs. UNest
A managed UTMA with ready-made ETF portfolios.
MemoryBank vs. Step
A teen money app with a secured card, credit building and investing.
Household money trackers
Net-worth and budgeting apps for adults. They can include a child’s accounts in your total; MemoryBank gives each child a view of their own.
Not sure which accounts you can connect? See supported accounts, or read the best money and investing apps for kids.