It’s an app designed for your children to manage their money through their first bank card, the Open Young Prepaid Card. Apply for it for freehere.
They can use this App to save and manage their expenses using technology, the way they like it.
You will be in control of both the App and the Open Young Card, and every time it is used, you will receive a free SMS with information.
How does it work?
As soon as your child receives and activateshis/her Open Young Prepaid Card, you can start using it.
If your child is short of money, it's simple, he just asks you for a top-up.
You can top up your Open Young Card from your Openbank App. You decide whether you want to approve or reject his/her request.
You can use the Openbank App to assign chores to reward him/her, which he will receive and manage using the app.
Intuitive one-click technology
Your child can see all his/her transactions at a glance. And you can also do so from your Openbank App or from the web.
You can use the “Budgets” function to let your child plan his/her expenses by category.
And you can create or customize your user avatar with your favourite image.
Peace of mind and security
A free SMS alert service alerts you every time money is topped up or used in the card, when your child makes any purchase or cash withdrawal at ATMs. To activate this SMS alert service, call 91 177 33 10.
We have included an E-commerce System so you can decide if your child can buy online or not. If you wish to activate this service, you can do so in your customer area or by accessing your Openbank app
If you lose your Open Young Prepaid Card, you can temporarily block or turn it off from the Openbank App.
Your child can also pay with their mobile phone
no matter his/her smartphone, your child can enter their Open Young Prepaid Card into all our available mobile payment platforms.