Jassby: Debit Card for Teens

Jassby is an application that provides tools for parents to teach their kids about earning and managing money. It allows parents to set up a weekly allowance and assign household tasks with specific financial incentives. Kids can also propose their own earning opportunities, reinforcing the connection between work and financial reward in a fun and easy way.

One of the main features of Jassby is the debit card, which gives kids the freedom to make purchases and learn how to manage money. Parents can choose between a digital card, a physical card, or a combination of both. The Jassby debit card can be used online or in-stores anywhere Mastercard is accepted.

Jassby also offers various learning opportunities for kids to increase their financial literacy. This includes courses, videos, quizzes, games, and real-world experience. By using Jassby, kids can learn about finance in a way that suits their individual learning style.

The app works by allowing parents to set up incentives for chores, good grades, and other goals. Kids can also request to do extra chores for additional earnings. Parents have full control over how much money is available for their kids to spend, and can even lock or unlock the debit card remotely.

Jassby also has a rewards program where kids can earn points for completing tasks and redeem them for money. The app also provides transparent statements, allowing parents to see their kids' spending history and make informed decisions about gift-giving.

Security is a top priority for Jassby, with the use of encryption technology and biometric authentication to prevent unauthorized use. The app is recommended for kids 13 and older and the Jassby debit card is issued by Sutton Bank, Member FDIC, under a license from Mastercard International Inc. Overall, Jassby aims to make learning about finance fun and easy for kids, while giving parents peace of mind and control over their kids' spending.