First, legal guardians open a parent account they will use to transfer funds to their child’s account and to enact parental spending controls. Each enrolled child downloads the mobile app (iOS or Android) to manage their account and receives a Mastercard debit card. The debit card works for most in-store and online purchases in addition to ATM withdrawals. Teens can receive money by requesting funds, enrolling in direct deposit, receiving an allowance, or completing in-app Money Missions. Parents won’t receive a GoHenry debit card, and children’s cards won’t renew after they turn 17 years and 11 months.