It’s an app designed for your children to manage their money using their first bank card, the Open Young Prepaid Card. Apply for it for freehere.
They can use this app to save and monitor their expenses using technology, just 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 activates their Open Young Prepaid Card, they can start using it.
If your child is short of money, it's simple - they just ask you for a top-up.
You can top up their 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 your child, which they receive and manage using the app.
User-friendly one-click technology
Your child can see all his/her transactions at a glance. And you can also take a look from your Openbank app or on the website.
You can use the “Budgets” function to let your child plan their expenses by category.
And you can create or customise your user avatar with your favourite image.
Peace of mind and security
A free SMS alert service notifies you every time money is topped up or used on the card, and when your child makes any purchase or withdraws cash at ATMs. To activate this SMS alert service, call 91 177 33 10.
We have included an 3D Secure Code 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 logging in to 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
Your child can add their Open Young Prepaid Card to all our available mobile payment platforms, regardless of the smartphone model they have.