MCT Junior

Finally Hands-on Financial Learning for Kids with Parent Supervision!

Every Account Comes With Up to Five MCT Junior Branded BusyKid Visa Prepaid DEBIT Cards

Our MCT Junior branded BusyKid Visa Prepaid Debit Cards give anyone between 5–17 years old the freedom to spend everywhere Visa is accepted, and parents see every transaction made. Add funds anytime and from anywhere. Up to 5 cards are included with every family subscription, so there’s no reason why kids and teens can’t learn how to practice smart spending.

Available designs for our MCT Junior branded Prepaid Debit Cards:

The MCT Junior app makes money management engaging for kids and easy for parents! Key features include:

Chores & Allowance (Set By Age)
The MCT Junior app provides a chore chart where the chores and allowance are preset by the age of the child. Parents have the option to manipulate these as well.

Experience Investing*
The app gives families the opportunity to experience the world of investing with our integrated feature inside the Save area. There are no commissions for stock transactions.

Charities To Support
Through this app, your children can make a difference by donating a percentage of their allowance with a growing list of charities inside the app.

Bonuses
Reward an outstanding performance, getting straight A’s in school or for going above and beyond while helping out around the house. A MCT Junior app bonus gives a parent or grandparent the chance to pay any child to show appreciation for a job well done.

Send Money With Ease
BusyPay^† is an easy way for family or friends to send money to a child’s MCT Junior account. Perfect for birthdays, spoiling grandkids, holidays, work, babysitting, mowing the grass.  When someone sends money using BusyPay, they are promoting a new financial literacy experience!

Plus, get all of these features too:

Parental Matching On Child Savings
Helps your child grow savings by matching what is saved each week. It’s a fast way to build their MCT Junior app savings!

Ability To Change Scheduled Paydays
We all wish everyday was payday, well now it can be for your child.

Pay Allowance With No Chores
For the family that wants to just set an allowance no matter how many chores are completed.

Parental Money Movement Controls
Parents have the option to lock the Share and Spend areas to help money grow.

Establish Individual Identities
No matter how many children are in your family, they each have their own account and PIN for access. Though more than five children are allowed on an account, only five can have a card.

Multi-parental Approvals
Both parents are able to approve chores and money movement.

Automatic Allowance Allocations
Parents control how much allowance goes into the Save/Invest, Share and Spend areas. As long as it equals 100%, parents can set it anyway that fits the family.

Frequently asked questions about MCT Junior:

• What is the app? 
  The app is a hands-on money management platform for kids and teens. It helps to teach them how to save, donate, spend and invest real money they earn or given.
• Why is the app important to use? 
  At a time when the majority of high school graduates don’t receive the proper education on how to manage money, the app helps to supplement what students have learned by providing real-life financial situations and decision making. Think of it as “Practice Makes Perfect”.
• Is there a cost to enroll in the app? 
  Mauch Chunk Trust is proud to offer this app as an opportunity to educate the next generation with a hands-on app that is both engaging and educational.
• Can I enroll more than one child? 
  Our app is designed for children 5-17 years old and each family can enroll up to five children on one account. Each child, at least 5 years old, is eligible to receive a Mauch Chunk Trust branded BusyKid Visa Prepaid Debit Card which can be used to make purchases in stores or online.
• Is the app safe? 
  Our app accounts are FDIC^&-insured up to $250,000. Parents can get real-time account transaction notifications and can follow all activities through the app.
• Are parents still involved? 
  Yes. This app is designed for kids and teens to experience what it’s like to earn and manage their own money. However, parents are still involved in any money transactions inside the app and must provide approval before funds can be used outside the platform for spending, donating or investing. Plus parents can see all transactions inside the app activity feed and receive necessary notifications.

^&This Mauch Chunk Trust Junior program is provided through BusyKid. The BusyKid Visa Prepaid Debit Card is issued by Pathward®, National Association, Member FDIC, pursuant to a license from Visa U.S.A. Card can be used everywhere Visa debit cards are accepted. All Cardholder funds are eligible for FDIC pass-through insurance by the FDIC in accordance with the FDIC’s applicable terms and conditions to the extent they are held by Pathward, N.A., a FDIC-insured depository institution. For more information about your card terms and conditions including the Visa Zero Liability policy go here. Cliq® is the exclusive and authorized Servicer of the BusyKid Visa Prepaid Debit Card. Neither Cliq nor BusyKid are banks or FDIC-insured institutions and the FDIC’s deposit insurance coverage only protects against the failure of a FDIC-insured institution.

*BusyKid’s provision of access to securities products and brokerage services are offered by Apex Fintech Brokerage Services and Apex Clearing. Apex Fintech Brokerage Services and Apex Clearing Corporation are both licensed and registered to conduct securities business in 53 U.S. states and territories. This feature is optional and not affiliated with Pathward nor Visa.

†Optional feature is a BusyKid product