Money fuels kids’ potential, so saving it should be easier! Kidfund is the social savings app that makes saving money for your kids as easy as tipping the barista. Family and friends can send cash gifts to the kids they know and love, and help parents fund their kids' goals and dreams.
* SIMPLE – Kidfund works by giving each of your kids a dedicated savings account. Open an account in seconds to start receiving gifts.
* SECURE – Bank-level security and federally insured up to $250,000.
* FREE – No fees or minimums, plus earn 3% interest on the first $500.
* PRIVATE – Share with only the people that you invite into your trusted network.
* FUN – Friends and family can easily gift money — perfect for birthdays and holidays. Plus, auto-recurring transfers and reminders make it easy for savings to grow.
Read more about us at Huffington Post, TODAY Parents, Romper, Babble, Fatherly, and more!
Contact us any time at firstname.lastname@example.org or visit our website: www.kidfund.us
JOIN US ON OUR MISSION
With Kidfund, you can also choose to give to kids in need by donating a percentage of your deposits to our partner 1:1 Fund, a non-profit that supports the college dreams of low-income children. Together, we can change the way we save for the next generation.
Start saving for your kids now!
We've fixed a bug where some users could not log in.
Ratings and Reviews
I like the app, just not the communication methods
I really like the app so far (adding money, adding moments to my children’s accounts, keeping track of monies and interest, etc. The only problem which is a BIG problem is that there is no way to effectively communicate with developers or customer service.
I have reached out several times through the app for questions. I went in the app, logged in, went under ‘More’ and then under contact us. I have also emailed support@kidfund email address over a week and half ago to to still no avail. I got one response back from someone stating they resolved my issue and told me to log out and back in. That did not resolve my issue so I had to email yet again and still have no response. It’s like pulling teeth to get someone to help you. There’s no telephone number, no live chat or anything. I am just shooting endless emails into a dark abyss. I’m sure whoever is responding to these reviews will tell me, “I’m sorry you’re having difficultly, please email support@kidfund for us to further assist you.” That’s what they always do.
I’m to my wits end. If I don’t get a response back from the emails I’ve already sent, I will be withdrawing my funds (which I’m sure will be penalized) and just taking my loss and going to another platform. My complaint is that I need to be able to communicate effectively with someone on issues I’m having, if I’m to trust and support a platform. Especially one that has my personal information and money.
Developer Response ,
Hi, I apologize for the communication issues you've faced. We hear you and we've made changes to the way we handle support. We hope to be more accessible and earn back your trust. I understand the need for stability & communication with a financial app like Kidfund, but I do hope you'll give us another chance.
About your funds, they are always held by you at our banking partner USAlliance, so if you decide to withdraw them, it's as simple as contacting USAlliance. No one should ever be penalized while saving for their kids, and you won't be by us for leaving Kidfund.
App is clunky and needs a redesign!
Before I state my issues I would first like to say that I love the concept of the app. A way to save for your children’s future while being charitable at the same time. However the application itself needs to be reworked or redesigned. Most things don’t work properly like the passcode sign in or the photo memories, which seem to just post tons of duplicates. Your money seems to get placed in a weird state of limbo where it shows it’s not longer pending but isn’t in your account either which is kind of weird and concerning. The process of Withdrawing funds isn’t really made clear you’re just prompted to a screen with a number to call. The application seems glitchy most days and you have to click numerous times to enter certain menus. Idk I love the concept of the app and would love to be really long term with this but please for the love of god redesign this app in the near future or at least create a web version that doesn’t have all these issues please.
Thank you for reaching out to me over the phone and addressing my concerns. I will update my rating to 5 stars because of the great conversation we had that addressed all my issues.
Developer Response ,
First, thanks for supporting our mission! We're excited to keep improving & making the app everything you're looking for.
We definitely want to keep making processes clearer in the app. We'll make withdrawing money easier to understand (while still reminding you that leaving money in your kid's fund is the best way to grow a big fund!). And we're really excited for same-day transfers! But until they're made available to us, we'll make it clearer exactly what's happening to your money as it moves through the banking system.
Finally, we of course want a bug-free app. Any time you see anything that doesn't feel right, you can report it by simply shaking your phone. Those reports help our engineering team improve the app faster. (We coincidentally just fixed that image posting bug in the last app update, so updating your app should fix that already!)
If there's anything else I can help with, please feel free to reach out to me directly at email@example.com!
Interesting Concept but way too many issues
We started a kid fund for our young son to have his own spending money for family vacations. First off, I don’t like that there isn’t the ability for both parents to be on the account. That seems to be a bit odd.
However I did like the concept, and used this before our upcoming vacation. Sometimes deposits would take twice the normal time as other accounts to be applied when we deposited. However, it being online I expected this.
As for now, I think we will be starting a separate account for our son with our credit union as it is time to cash out for our vacation like I planned and US alliance can’t get it together to withdraw funds. So I’m less than excited that for the money we have put in for a specific occasion, my son will now not have from his account. This app needs to generate more like an actual savings account where there is a more reasonable way to withdraw. Any other accounts we have, including other online high yield savings accounts do not have the scrutiny nor the hoops just to withdraw. I can choose to withdraw back to other funding sources. Kidfund does not offer this. They also claim you can visit a branch, but branches aren’t available in many states.
Developer Response ,
Hi, thanks for the feedback!
Kidfund is focused on long-term savings, so it's best for saving for things like college or a first car (or anything that can help a young adult on their way!). The best way to build a big fund is to let the magic of compound interest do its work, and that's what we encourage with the app. Of course you can always withdraw your funds at any time! We're working on the speed of all transfers, so those should be much faster in the future.
We are also working on two-parent functionality! For now, you can share a login for Kidfund with the other parent, or set them up as a supporter of your kids. Neither is quite the same as two parents in the app, but it will allow the other parent to participate while we build that out.
Thanks again for the feedback,
With Family Sharing set up, up to six family members can use this app.