Finance

Allowabank (Allowance Monitor)

Record children's allowance balances, reward points and planned credits.

Our take

Useful for families keeping a manual bookkeeping record

Subaccounts and recurring allowance/interest entries can illustrate saving choices.

Keep in mind: The app's deposit, withdrawal and transfer wording describes records; no regulated bank account, actual payment transfer or guaranteed earned interest is established.

What you can do

  • Manual balance transactions and subaccounts
  • Weekly/monthly allowance and optional interest entries
  • Chore points, themes and PIN protection

Good for

  • Adults supervising a household allowance ledger

Consider alternatives for

  • Real banking, money custody or investment returns

Limitations & considerations

  • Captured minimum: iOS 12.
  • The app's deposit, withdrawal and transfer wording describes records; no regulated bank account, actual payment transfer or guaranteed earned interest is established.

Privacy & permissions

Child names and balances are personal; use minimal identifiers, protect the PIN/device and check any backup/share prompts.

Sources & review notes Updated Nov 12, 2026

Reviewed by iApp4Me Editorial Team. Recommendations use the linked documentation and attributed accounts; device observations are identified separately.

  1. US App Store developer description

    Complete description, download price and compatibility metadata captured 2026-11-02.

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