EasyUpdated 1/4/2025

How Debit Cards Work

Learn how ChoreSplit's virtual debit cards connect chores to real money

ChoreSplit lets kids earn real money by completing chores. When they redeem reward points, the money goes directly to their virtual debit card.

The Earning Cycle

Here's how it works:

1

Kids complete chores

Each completed task earns points based on difficulty.

2

Points add up

Points accumulate in the child's account over time.

3

Redeem for rewards

When they have enough points, kids can request a cash reward.

4

Parent approves

Parents review and approve funding requests.

5

Card gets funded

Once approved, money is loaded onto their virtual debit card.

What the Card Looks Like

Each child gets their own virtual debit card:

ChoreSplit

Emma's Card

Card Number

•••• •••• •••• 4242

Available Balance
$25.00

Virtual debit card with available balance

Key Features

FeatureDescription
Virtual cardsSecure digital cards for online purchases
Real-time balanceAlways see how much is available
Parent oversightEvery transaction is visible to parents
Instant fundingMoney appears immediately after approval
Freeze controlsParents can freeze cards anytime

Safety & Security

💡

All cards are powered by Stripe, a trusted payment processor used by millions of businesses worldwide.

  • No overdrafts - Kids can only spend what's on the card
  • Parent visibility - See every transaction in real-time
  • Instant freeze - Lock the card immediately if needed
  • Virtual only - No physical card to lose
⚠️

Virtual cards work for most online purchases but cannot be used for ATM withdrawals or in-store purchases without Apple Pay or Google Pay setup.

Getting Started

Ready to set up cards for your family?

  1. Add a funding source (parent's payment method)
  2. Set up a child's card
  3. Learn about approvals

Tags

debit cardvirtual cardmoneyrewardsoverview