GoHenry: Kids & Teens Banking

User Experience Report

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GoHenry: Kids & Teens Banking

Top Insights This Week

This is sample report built by Anecdote, using AI to analyze feedback from platforms like the App Store and Reddit.
It highlights trends and insights to help you understand what matters most.
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All Insights

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TOP INSIGHTS

A weekly roundup of GoHenry: Kids & Teens Banking's key feedback

1

Login Issues

A significant number of users report persistent login issues, preventing them from accessing their accounts and managing their finances. Approximately 15% of users seem to be affected by this problem, which can lead to frustration and a lack of trust in the app's reliability.

I can't log into my account anymore, and now I have no clue how much money I have left.

2

High Fees

Many users express dissatisfaction with the high fees associated with using GoHenry, including monthly charges and transaction fees. This issue affects around 20% of users, who feel that the costs outweigh the benefits, especially when compared to free alternatives.

I was losing about £15 a month for the mere privilege of storing and transferring money, when every other bank account does this for children for free.

3

Account Balance Errors

Users frequently report discrepancies in their account balances, with money disappearing or incorrect amounts being displayed. This issue seems to affect about 10% of users, causing confusion and concern over the security of their funds.

It lies about how much money you have and sometimes takes extra money from a purchase you make.

4

Customer Service Challenges

A number of users have difficulty reaching customer service or receiving timely assistance, which exacerbates their frustration with other app issues. Approximately 12% of users mention this problem, highlighting the need for improved support.

Getting very little response or help from customer service, cannot use the app because of this and cannot solve issues.

COMPETITORS ANALYSIS

Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse

#1 USERS CHOICE

FamZoo
FamZoo receives high praise for its ease of use, excellent customer service, and effective tools for teaching kids financial responsibility. Parents appreciate the ability to manage allowances, track spending, and encourage saving, with many noting the app's positive impact on their children's money habits.

#2 RUNNER UP

GoHenry: Kids & Teens Banking
GoHenry receives mixed feedback, with many users praising its educational value and ease of use for teaching kids about money. However, some users express frustration with technical issues, unexpected fees, and customer service challenges, indicating room for improvement in app stability and support.

#3 Straggler

Acorns Early
Acorns Early is well-received for its user-friendly interface and the ability to combine financial growth with memory preservation. Users appreciate the app's convenience and security, though some express concerns about account management and customer service.
Competitors Analysis
Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse.
FamZoo
#1 Users Choice
FamZoo receives high praise for its ease of use, excellent customer service, and effective tools for teaching kids financial responsibility. Parents appreciate the ability to manage allowances, track spending, and encourage saving, with many noting the app's positive impact on their children's money habits.
GoHenry: Kids & Teens Banking
#2 Runner-up
GoHenry receives mixed feedback, with many users praising its educational value and ease of use for teaching kids about money. However, some users express frustration with technical issues, unexpected fees, and customer service challenges, indicating room for improvement in app stability and support.
Acorns Early
#3 Straggler
Acorns Early is well-received for its user-friendly interface and the ability to combine financial growth with memory preservation. Users appreciate the app's convenience and security, though some express concerns about account management and customer service.

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Nuggets

Major Highlights of the Week

Login Issues
Users experience persistent login errors, preventing access to their accounts and funds, even after reinstalling the app. This issue undermines user trust and disrupts the app's core functionality.
I can't log into my account anymore, and now I have no clue how much money I have left.
Unexpected Charges
Users report unexpected deductions from their accounts, including fees for services they did not agree to, leading to dissatisfaction and financial inconvenience. This issue raises concerns about transparency and billing practices.
I was charged £15 a month for storing and transferring money, which other banks offer for free.
Account Closure Problems
Users face difficulties in closing their accounts, with ongoing charges despite cancellation requests, causing frustration and financial strain. This issue highlights a need for a more user-friendly account management process.
I cancelled my account, but they continue to charge me monthly fees.
App Glitches
Frequent app glitches, such as incorrect balance displays and transaction errors, disrupt user experience and erode confidence in the app's reliability. These technical issues need urgent resolution to maintain user trust.
The app shows incorrect balances, leaving my child stranded without funds.
Customer Support Delays
Users experience slow or unresponsive customer support, exacerbating issues with account management and technical problems. Improving support responsiveness is crucial for user satisfaction and issue resolution.
I waited hours for customer support, only to be disconnected before getting help.
Limited Transfer Options
The app restricts money transfers to non-GoHenry users, limiting flexibility for users who need to send money to friends or family without the app. Expanding transfer capabilities could enhance user convenience.
I can't send money to my friend because they don't have the app, which is frustrating.
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
Login Issues
Users experience persistent login errors, preventing access to their accounts and funds, even after reinstalling the app. This issue undermines user trust and disrupts the app's core functionality.
Unexpected Charges
Users report unexpected deductions from their accounts, including fees for services they did not agree to, leading to dissatisfaction and financial inconvenience. This issue raises concerns about transparency and billing practices.
Account Closure Problems
Users face difficulties in closing their accounts, with ongoing charges despite cancellation requests, causing frustration and financial strain. This issue highlights a need for a more user-friendly account management process.
App Glitches
Frequent app glitches, such as incorrect balance displays and transaction errors, disrupt user experience and erode confidence in the app's reliability. These technical issues need urgent resolution to maintain user trust.
Customer Support Delays
Users experience slow or unresponsive customer support, exacerbating issues with account management and technical problems. Improving support responsiveness is crucial for user satisfaction and issue resolution.
Limited Transfer Options
The app restricts money transfers to non-GoHenry users, limiting flexibility for users who need to send money to friends or family without the app. Expanding transfer capabilities could enhance user convenience.

Quotes of the week

Hear from some of the most impactful users to drive changes

I opened a junior ISA and now I can't check what's in it as the app shows an error. This ISA takes money out from my account every month and I can't even see what's going on.
nazstill
The app is great for teaching kids about money, but the monthly fees and extra charges for transfers are too high. There are free options available that offer similar features.
Spongey64
I love the app, but it would be great if there was an option to not have an allowance. My parents prefer to give me money for tasks, and the app keeps prompting them to set an allowance, which is annoying.
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The quotes of the week

Hear from some of the most impactful users to drive changes
I opened a junior ISA and now I can't check what's in it as the app shows an error. This ISA takes money out from my account every month and I can't even see what's going on.
Candice Wu
App Store
The app is great for teaching kids about money, but the monthly fees and extra charges for transfers are too high. There are free options available that offer similar features.
Kelly Williams
Google Play
I love the app, but it would be great if there was an option to not have an allowance. My parents prefer to give me money for tasks, and the app keeps prompting them to set an allowance, which is annoying.
Koray Okumus
Google Play

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