Rooster Money is a mobile banking application designed primarily for kids and teens to help them learn about money management in a practical and engaging way. The app provides a platform for parents and guardians to create a virtual allowance for their children, track spending, and incentivize saving through interest rates and reward systems. Young users can monitor their earnings, set savings goals, and learn financial literacy skills through an interface that's friendly, interactive, and age-appropriate. Rooster Money is equipped with features that encourage responsible spending habits and also offers educational resources to further enhance the understanding of personal finance for the younger generation.
Rooster Money is currently available for residents of the following countries:
United Kingdom
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your Rooster Money account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with Rooster Money is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Rooster Money doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use Rooster Money is the low (or no!) fees. Rooster Money has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Rooster Money offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
Rooster Money = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Rooster Money everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.
