Track IOUs for money you’re holding elsewhere for your kids.
The IOU account version of FamZoo is for families who are not quite ready for our prepaid cards or who are not eligible for them (like non-US residents).
IOU accounts do not hold real money. Instead, they simply track money you “owe” your kids for allowance, chores, ad hoc credits, etc.
You can always start out with the IOU account version of FamZoo and add cards to your account later — as long as you meet the cardholder eligibility requirements.
If you’d like to order our prepaid cards instead, see here.
The following video shows how IOU accounts work. Click the Sign Up button beneath the video to get started.