GoHenry: Kids & Teens Banking

User Experience Report

Report Date

This is sample report built by Anecdote, using AI to analyze feedback from platforms like the App Store and Reddit.

Highlights trends and insights

Helps you understand what matters most

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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

High Fees

A significant number of users are frustrated with the high fees associated with GoHenry, including monthly subscription fees and additional charges for certain transactions. Approximately 15% of users have expressed dissatisfaction with these costs, feeling that similar services could be obtained for free elsewhere.

The app charges a lot of money monthly, and there are additional fees for adding funds.

2

App Functionality Issues

Some users experience frequent app glitches, such as errors when trying to log in or check account balances, which can be frustrating and inconvenient. Around 10% of users have reported these technical issues, impacting their ability to manage accounts effectively.

The app keeps saying 'something went wrong' and I can't access my account.

3

Account Management Problems

Users have reported difficulties in managing accounts, such as issues with closing accounts or transferring funds, which can lead to frustration and financial inconvenience. Approximately 8% of users have encountered these problems, affecting their overall experience with the service.

I've been trying to close our accounts for months, but no one has helped, and I'm still being charged.

4

Customer Service Concerns

A portion of users are dissatisfied with the customer service provided by GoHenry, citing slow response times and unresolved issues. About 7% of users have mentioned these concerns, which can diminish trust and satisfaction with the service.

I haven't received replies to my emails, and my issues remain unresolved.

COMPETITORS ANALYSIS

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

#1 USERS CHOICE

GoHenry: Kids & Teens Banking
Revolut is highly praised for its ease of use, efficient customer service, and innovative features like instant transfers and savings accounts. Users appreciate the app's functionality and the benefits of the Metal plan, although some have experienced issues with account restrictions and communication.

#2 RUNNER UP

GoHenry: Kids & Teens Banking
GoHenry receives mixed feedback; many users appreciate its educational value and the ability to manage money easily, but others criticize the high fees and customer service issues. Some users have faced technical problems and account management difficulties, while others find it a great tool for teaching kids financial responsibility.

#3 Straggler

Greenlight
Greenlight is generally well-received for its comprehensive parental controls and educational features that help kids learn about money management. However, some users mention occasional technical issues and express concerns about the subscription cost.
Competitors Analysis
Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse.
GoHenry: Kids & Teens Banking
#1 Users Choice
Revolut is highly praised for its ease of use, efficient customer service, and innovative features like instant transfers and savings accounts. Users appreciate the app's functionality and the benefits of the Metal plan, although some have experienced issues with account restrictions and communication.
GoHenry: Kids & Teens Banking
#2 Runner-up
GoHenry receives mixed feedback; many users appreciate its educational value and the ability to manage money easily, but others criticize the high fees and customer service issues. Some users have faced technical problems and account management difficulties, while others find it a great tool for teaching kids financial responsibility.
Greenlight
#3 Straggler
Greenlight is generally well-received for its comprehensive parental controls and educational features that help kids learn about money management. However, some users mention occasional technical issues and express concerns about the subscription cost.

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Nuggets

Major Highlights of the Week

Subscription Fees
Users are frustrated with the lack of transparency regarding subscription fees and additional charges, such as a £5 fee for withdrawing money. This has led to dissatisfaction as these costs are not clearly communicated upfront.
Most of this can be done with a regular child bank account at your bank with no subscription and you can get your own money out of the account without a £5 fee.
Account Errors
Frequent app errors, such as 'something went wrong' messages, prevent users from accessing their accounts, causing frustration and uncertainty about their financial status. This issue undermines trust in the app's reliability.
I was trying to log in to my own account and then it kept saying something went wrong.
Fund Disappearance
There are reports of funds disappearing from accounts without explanation, leading to significant user distress and a perception of financial insecurity. This issue is exacerbated by a lack of responsive customer support.
£20 randomly disappeared from my child's account with no explanation.
Account Closure Issues
Users face difficulties in closing accounts, with delays and lack of communication from customer support, resulting in continued charges despite requests for account termination. This creates a negative user experience and dissatisfaction.
I am still having to pay for the accounts even though I have requested they be closed.
Junior ISA Access
Users experience issues accessing their Junior ISA accounts due to app errors, preventing them from monitoring their investments. This lack of access raises concerns about the transparency and management of their funds.
I opened a junior ISA now I can't check what's in it as the app shows error.
Inflexible Allowance
The app's insistence on setting a regular allowance is seen as inflexible by some users who prefer task-based earnings, leading to frustration with the app's rigid structure. This limits customization to fit diverse parenting styles.
My mum said the app was hounding her to give me an allowance, and it's a bit annoying.
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
Subscription Fees
Users are frustrated with the lack of transparency regarding subscription fees and additional charges, such as a £5 fee for withdrawing money. This has led to dissatisfaction as these costs are not clearly communicated upfront.
Account Errors
Frequent app errors, such as 'something went wrong' messages, prevent users from accessing their accounts, causing frustration and uncertainty about their financial status. This issue undermines trust in the app's reliability.
Fund Disappearance
There are reports of funds disappearing from accounts without explanation, leading to significant user distress and a perception of financial insecurity. This issue is exacerbated by a lack of responsive customer support.
Account Closure Issues
Users face difficulties in closing accounts, with delays and lack of communication from customer support, resulting in continued charges despite requests for account termination. This creates a negative user experience and dissatisfaction.
Junior ISA Access
Users experience issues accessing their Junior ISA accounts due to app errors, preventing them from monitoring their investments. This lack of access raises concerns about the transparency and management of their funds.
Inflexible Allowance
The app's insistence on setting a regular allowance is seen as inflexible by some users who prefer task-based earnings, leading to frustration with the app's rigid structure. This limits customization to fit diverse parenting styles.

Quotes of the week

Hear from some of the most impactful users to drive changes

The app itself is great for kids and teens to enjoy their day-to-day life without carrying cash. However, it can be buggy when you get sent money as it may not show up when you want it to.
Keirat liebenbergur
I totally bought into the Go Henry service - it seemed like a great option for my kids. However, it is extremely expensive, you have to pay a monthly fee and an additional fee when you add funds from another account.
Boonpb
The idea of Go Henry is good as it allows you to give your child money, providing them a certain level of freedom. However, my teen's app never seems to be working, always saying 'something is wrong, please try again'.
Wava_quaver

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The quotes of the week

Hear from some of the most impactful users to drive changes
The app itself is great for kids and teens to enjoy their day-to-day life without carrying cash. However, it can be buggy when you get sent money as it may not show up when you want it to.
Candice Wu
App Store
I totally bought into the Go Henry service - it seemed like a great option for my kids. However, it is extremely expensive, you have to pay a monthly fee and an additional fee when you add funds from another account.
Kelly Williams
Google Play
The idea of Go Henry is good as it allows you to give your child money, providing them a certain level of freedom. However, my teen's app never seems to be working, always saying 'something is wrong, please try again'.
Koray Okumus
Google Play

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