Acorns Early (formerly GoHenry) vs Ally Bank
Acorns Early (formerly GoHenry) is a good banking app with fun educational content. How does it compare to Ally Bank? Read our comparison chart below.
Acorns Early (formerly GoHenry) is a financial learning app for ages 6-18. It lets kids spend with a debit card, set savings goals, get paid for chores, and more. The app evolves with kids to suit their needs at different ages. Plans start from $5/mo per child.
While Ally Bank offers high interest on their Savings account. It also offers interest checking and multiple CD options, including No Penalty and Raise Your Rate CDs. There is no minimum deposits or service fees for any of their banking products.
Compare Acorns Early (formerly GoHenry) with Ally Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.
Visit Site | Learn More | |
Acorns Early (formerly GoHenry) | Ally Bank | |
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Acorns Early Kids' Debit Card - | Online Savings Account - 3.80% APY - | |
Benefits and Features | ||
Savings | Create savings goals; No APY (parent-paid interest only) | |
CD | 2.90% to 4.05% APY. Terms of 3 months to 5 years. 12-month CD APY of 3.90% | |
Checking | Debit card up to 4 kids (Family Plan); 1 debit card (Individual Child) | 0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000 |
Kids Debit Card | ||
Money Market | ||
Mobile App | ||
ATMs | No fee for either domestic (US) or international ATM use. ATM owners may charge a fee. | 75,000+ no-fee Allpoint and MoneyPass ATMs |
CreditDonkey® Reviews | ||
Savings | ||
Minimum Deposit | ||
Checking | ||
Price | ||
Mobile App | ||
Customer Service | ||
Ease of Use | ||
Education | ||
Pros & Cons | Pros:
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Bottom Line | Good banking app with fun educational content... | |
Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Acorns Early (formerly GoHenry): Pricing information from published website as of 11/30/2024. Ally Bank: Pricing information from published website as of 12/27/2024. |
Acorns Early Kids' Debit Card
- Real-time spend notifications.
- Block and unblock cards easily.
- Teach financial independence safely.
Acorns Early Debit Card for Kids and Teens
- For kids ages 6-18
- Customize chores and allowance
- Set spending controls and limits
- $5/mo per child
Acorns Early Debit Card for Kids 6-18
- Over 2 million members
- Customize chores and allowance
- Full parental controls - monitor transactions, set spending limits, block unsafe merchants
- Teach kids financial responsibility safely
- 30 days free; then $5/mo per child