Spriggy Pocket Money is a practical financial education company that helps parents teach their kids about money. Spriggy Pocket Money provides a prepaid card for kids (aged 6 to 17 years old) and a mobile app that parents and kids use together to help teach them the concepts of earning, saving and responsible spending.

Young people can use their prepaid card to make purchases online or in-store – anywhere that Visa is accepted.

In a digital age, where money is less tangible than ever, Spriggy offers the future of financial education. The company launched in late 2016 and already has over 500,000 members!

Our mission is to help Australians have happier and healthier relationships with money.

Features:

  • Fast, easy setup – Get up and running in only a few minutes.

  • One app, separate logins – A secure app with separate logins for both parents and kids to manage the same Spriggy Card. Parents can manage and load money for multiple children through one app and young people can manage money themselves with the tools built for them.

  • Instant loading – Parents can Top Up money from their debit card and transfer it onto their child’s Spriggy Card within minutes, meaning your child will never be without money in an emergency.

  • Monitoring spending – Instantly check balances, monitor transactions live through spending notifications and get Spriggy alerts by text when a transaction is declined due to insufficient funds or security reasons.

  • Card lock – Simple card Lock feature that parents can use directly from the app to block all purchases if a Spriggy Card is lost or stolen.

  • Automatic transfers – Set up an automatic monthly allowance via the Pocket Money feature to encourage budgeting, saving, and responsible spending.

  • Saving & Goals - Set up Goals that further encourage saving, earning and considerate spending.

  • Spending limits - Our prepaid Spriggy Cards have in-built spending limits up to $1,000.

  • Safe spending - We have introduced merchant blocking that means that the Spriggy Card will only be able to be used at age appropriate places.

  • Jobs - Parents can set kids paid or unpaid Jobs to further support their learnings about earning.

  • No overdrafts – Young people can only spend the money that’s been loaded onto their Spriggy Card - it is NOT a credit card.

Did this answer your question?