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goHenry app
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How much is the goHenry membership fee?
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How much is the goHenry membership fee?
How much is it? There is a monthly membership fee of £2.49 per child. Unlike other Pre-Paid cards, there is no charge for provision of the goHenry card (unless you choose to purchase a custom card during sign up). All ATM withdrawals and purchase transactions in the UK are free. There is a small banking charge of 50p to load money into your parent account using a debit card. However, this can be easily avoided by setting up a Standing Order or paying by bank transfer. Find out more about what you get with goHenry here.
Here is a detailed, transparent breakdown of charges and fees
| goHenry fees and charges | Fee | Comments |
| Account fees: | ||
| Monthly membership fee per child | £2.49* | We only start charging you after your free trial ends. The monthly charge is paid out of the parents account not the child's. *Please note if you set up your account before 18th January, 2016 you will continue to only pay £1.97 per child per month. |
| Loading money to your parent account | ||
| From your bank account | FREE | The easiest option by far |
| From your debit card | 50p per load | This is a banking fee we simply pass through. It will be shown clearly as part of your payment confirmation. To avoid these fees we recommend you set up your regular payments direct from your bank account by standing order or direct transfer. |
| Spending money online and in shops | ||
| goHenry Visa card purchases in the UK | FREE | |
| goHenry Visa card purchases abroad | 2.75% * | * Any goHenry transaction in a foreign currency will be converted into pounds. We'll do this at the rate of exchange provided by Visa Europe on the date the money leaves your account. See more information on exchange rates here on the Visa Website. |
| Money Withdrawals: | ||
| From an ATM in the UK | FREE | |
| From an ATM abroad | £2 | Be aware, some cash machines may charge extra. |
| Standard transfer to your bank account (takes up to 4 working days) | £5 | Call Member Services on 0330 100 7676 to arrange a transfer. We pass on the costs to you as we have to pay the banks to make the transfer on your behalf. |
| Closing your goHenry account and transferring all funds back to your bank account | FREE | Call Member Services on 0330 100 7676 to arrange a transfer. |
| Replacement Cards | ||
| Replacing a lost, stolen or damaged card | £3.99 | This charge covers the cost of manufacturing and sending your replacement card to you. |
Related FAQs
Why the fee for a goHenry account?
goHenry was started by parents for parents and their children and we simply need to charge a small fee to keep the service running. We believe the unique features of our website, apps and card provides families with flexibility and convenience to manage money together and to help their children learn valuable money skillst hat Continue Reading...
Is there a fee for using Auto Top Up?
There is a charge for using Auto top-up. Auto top-up payments are taken from your debit card and so incur a 50p banking charge. This is a fee that our partners charge to us that we simply pass on. To avoid this fee, why not set a Standing Order. To set up a Standing order, Continue Reading...
Is there a fee for using my debit card to top-up the account?
There is a charge for using your debit card to top up. Debit card payments incur a 50p banking charge. This is a fee that our partners charge to us that we simply pass on. To avoid this fee, why not set a Standing Order or pay by bank transfer, both of which are free Continue Reading...
I find this a fabulous tool for creating a fair system for children and parents alike for giving out pocket money and keeping an eye on it and helping them to understand money.
I have found this an excellent way to talk to my 10 year old daughter about money, and I feel she is much more knowledgeable than when we started.
goHenry has given us so many new opportunities of new discussions on money….my children are more sensible now, they are taking a greater responsibility and role in their accounts.
As adults, it is important to prioritise certain expenditure. I can see my children having much better financial literacy levels than myself partly as a result of involvement with goHenry.
Once again I think you guys at goHenry are offering a very innovative & friendly service for all the parents out there who like myself get bogged down with the everyday tasks of managing children and their retail aspirations.
goHenry is a great site. It is easy to navigate, simple to understand and very user friendly
goHenry is a Pre-paid Card and App with unique parental controls, for young people aged 6 to 18.
© goHenry Limited. All rights reserved.
The goHenry card is issued by IDT Financial Services Limited pursuant to a license from Visa Europe. IDT Financial Services Limited is a regulated bank, licensed by the Financial Services
Commission, Gibraltar. Registered office: 57-63 Line Wall Road, Gibraltar. Registered No. 95716.
All communications should be sent to goHenry Ltd, 9 Angel Courtyard, High Street, Lymington, Hampshire, SO41 9AP.
