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How much does Spriggy Pocket Money cost?
How much does Spriggy Pocket Money cost?

Everything you know about the cost of Spriggy Pocket Money

Updated over 4 months ago

The cost of an annual Spriggy membership varies depending on when you join and the number of kids on your membership.

The annual Spriggy membership fees set out below are charged by and payable to Spriggy. Spriggy is the owner and operator of the Spriggy Pocket Money mobile app. You can see more details about this fee and when it will be charged in the Spriggy Terms & Conditions, available at spriggy.com.au/terms.

Spriggy family membership cost

Our Spriggy membership has an initial 30-day free trial.

After the free trial, Spriggy membership costs:

  • $60 per year for families with 1 child (we call this “one child pricing”); or

  • $78 per year for families with between 2 and 6 children (we call this “multiple children pricing”).

From time to time Spriggy may also offer promotions in relation to membership pricing. In these instances, please refer to the relevant promotional offer Terms & Conditions for the full details on membership pricing.

Adding or removing a child

If you add a second child (up to 6 kids) to your Spriggy membership, you will move from the one-child pricing tier to the multiple children pricing tier. If you are already on the multiple children pricing and add another child (up to 6 kids) there is no change to your pricing.

If you remove a child or children such that you only have 1 child remaining on your membership, you will move from the multiple children pricing tier to the one-child pricing tier.

If you move from the one-child pricing tier to the multiple children pricing tier (by adding another child), you will need to pay the adjustment fee of $18, which is applied pro-rata at the time you add the additional child, based on how much time is remaining in your annual billing period.

For example, if you register 1 child and pay the $60 annual membership fee on 1 January 2024 and then add a second child on 1 July 2024 (ie, halfway into your annual billing period), you will only need to pay an adjustment fee of $9. This is because you are paying the pro-rata adjustment fee for the 6 months remaining in your annual billing period ($18/2=$9). As long as you have 2 or more children registered, you will pay $78 per year on each subsequent annual billing date.

Fees charged by the product issuer

The other fees that may be charged are:

  • $10 prepaid card replacement fee for lost, damaged or stolen Spriggy prepaid Visa cards, or if a new card is issued following unauthorised use or if you request a different design. This will not apply where a replacement prepaid card is issued on expiry of a prepaid card in accordance with the Product Terms and Conditions.

  • 3.5% currency conversion fee on any foreign currency transactions.

  • Cancellation fee of up to $10, where the final balances on the Parent Wallet and the prepaid card(s) are $10 or less.

Free trial period

Please note that the free trial period only applies to the annual Spriggy membership fee charged by Spriggy. It doesn’t apply to the fees that may be charged by Indue Limited, the issuer of the Prepaid Cards and the Parent Wallet.

Check out theProduct Disclosure Statement, Product Terms and Conditions, Spriggy Terms and Conditions and the pricing page for more details.

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