GoHenry: Kids & Teens Banking

User Experience Report

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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

Many users find GoHenry's fees excessive, with charges for monthly subscriptions and additional fees for transactions. Approximately 20% of users express dissatisfaction with the cost, suggesting that other banks offer similar services for free. "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."

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.

2

Account Access Issues

A significant number of users report difficulties accessing their accounts, with login issues and app glitches being common complaints. Around 15% of users mention being unable to log in or having their accounts locked without resolution. "I cannot log into account even after updating app and changing my password. It keeps saying something went wrong."

I cannot log into account even after updating app and changing my password. It keeps saying something went wrong.

3

Customer Service Problems

Users frequently criticize GoHenry's customer service for being unresponsive and unhelpful, with some waiting weeks for issues to be resolved. Approximately 10% of users express frustration with the lack of support. "Getting very little response or help from customer service, cannot use the app because of this and cannot solve issues."

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

4

Funds Disappearance

Several users report issues with funds disappearing from their accounts without explanation, causing distrust in the app's reliability. About 5% of users have experienced unexplained deductions or missing funds. "Money has disappeared from my account! What is going on? Had no problems up till now."

Money has disappeared from my account! What is going on? Had no problems up till now.

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 comprehensive features that teach financial responsibility to kids. Users appreciate the ease of managing allowances, chores, and spending, along with excellent customer service that provides quick and personalized support.

#2 RUNNER UP

GoHenry: Kids & Teens Banking
GoHenry is appreciated for its educational value in teaching kids about money management, with features like chore-based earnings and spending notifications. However, users express frustration over technical issues, such as app malfunctions and unexpected fees, which detract from the overall experience.

#3 Straggler

Acorns Early
Acorns Early is generally well-received for its investment-focused approach to saving for children, but some users report issues with account management and customer service responsiveness. The app is seen as beneficial for long-term financial growth, though it may not be as user-friendly as desired.
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 comprehensive features that teach financial responsibility to kids. Users appreciate the ease of managing allowances, chores, and spending, along with excellent customer service that provides quick and personalized support.
GoHenry: Kids & Teens Banking
#2 Runner-up
GoHenry is appreciated for its educational value in teaching kids about money management, with features like chore-based earnings and spending notifications. However, users express frustration over technical issues, such as app malfunctions and unexpected fees, which detract from the overall experience.
Acorns Early
#3 Straggler
Acorns Early is generally well-received for its investment-focused approach to saving for children, but some users report issues with account management and customer service responsiveness. The app is seen as beneficial for long-term financial growth, though it may not be as user-friendly as desired.

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Nuggets

Major Highlights of the Week

Account Closure Issues
Users face significant challenges when attempting to close their accounts, with delays extending beyond the promised timeframe and continued charges despite cancellation requests. A user reported being unable to close their account for nearly a month, with ongoing charges despite multiple cancellation attempts.
I've been trying for nearly a month to close now.
Unexpected Charges
Customers are frustrated by unexpected fees, including monthly charges and transaction fees, which are not clearly communicated during the sign-up process. One user expressed surprise at being charged £122 for a £100 transfer due to hidden fees.
I transferred £100 and was charged £122.
Login and Access Problems
Users experience frequent login issues, including being locked out of accounts and receiving error messages, which prevent them from accessing their funds. A user mentioned being unable to log in due to persistent error messages, leaving them without access to their account.
Every time I try to log in it says 'something went wrong'.
Customer Service Delays
There are numerous complaints about slow or unresponsive customer service, with users waiting extended periods for assistance or resolution of issues. A user reported waiting for over an hour to speak with customer service without resolution.
Waiting in a queue for an agent for hours just to be disconnected.
Fund Transfer Issues
Users report difficulties in transferring funds, both into and out of GoHenry accounts, with some funds disappearing or taking an extended time to process. One user noted that money transferred to their child's account took over 48 hours to appear.
Deposited money to the account. It has been more than 48 hours, and the money is not in the account.
App Functionality Problems
The app is criticized for frequent glitches and crashes, affecting its usability and reliability, particularly on Android devices. A user described the app as glitchy and unreliable, with frequent crashes and login issues.
Keep getting something went wrong, glitchy before but now it's bricked!
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
Account Closure Issues
Users face significant challenges when attempting to close their accounts, with delays extending beyond the promised timeframe and continued charges despite cancellation requests. A user reported being unable to close their account for nearly a month, with ongoing charges despite multiple cancellation attempts.
Unexpected Charges
Customers are frustrated by unexpected fees, including monthly charges and transaction fees, which are not clearly communicated during the sign-up process. One user expressed surprise at being charged £122 for a £100 transfer due to hidden fees.
Login and Access Problems
Users experience frequent login issues, including being locked out of accounts and receiving error messages, which prevent them from accessing their funds. A user mentioned being unable to log in due to persistent error messages, leaving them without access to their account.
Customer Service Delays
There are numerous complaints about slow or unresponsive customer service, with users waiting extended periods for assistance or resolution of issues. A user reported waiting for over an hour to speak with customer service without resolution.
Fund Transfer Issues
Users report difficulties in transferring funds, both into and out of GoHenry accounts, with some funds disappearing or taking an extended time to process. One user noted that money transferred to their child's account took over 48 hours to appear.
App Functionality Problems
The app is criticized for frequent glitches and crashes, affecting its usability and reliability, particularly on Android devices. A user described the app as glitchy and unreliable, with frequent crashes and login issues.

Quotes of the week

Hear from some of the most impactful users to drive changes

I totally bought into the GoHenry service, but it's extremely expensive with monthly fees and additional charges for adding funds. The customer service is poor, and I've had issues with funds disappearing and account closure requests being ignored.
Boonpb
The idea of GoHenry is good, allowing kids some financial freedom, but my teen's app often doesn't work, saying 'something is wrong'. Although the problem was fixed, it was frustrating, and the app doesn't work well online.
Wava_quaver
I opened a Junior ISA but can't check the balance due to app errors. Customer service temporarily fixed it, but the issue persists, and money is deducted monthly without transparency.
nazstill

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The quotes of the week

Hear from some of the most impactful users to drive changes
I totally bought into the GoHenry service, but it's extremely expensive with monthly fees and additional charges for adding funds. The customer service is poor, and I've had issues with funds disappearing and account closure requests being ignored.
Candice Wu
App Store
The idea of GoHenry is good, allowing kids some financial freedom, but my teen's app often doesn't work, saying 'something is wrong'. Although the problem was fixed, it was frustrating, and the app doesn't work well online.
Kelly Williams
Google Play
I opened a Junior ISA but can't check the balance due to app errors. Customer service temporarily fixed it, but the issue persists, and money is deducted monthly without transparency.
Koray Okumus
Google Play

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