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goHenry vs Bank of America

goHenry is a good banking app with fun educational content. How does it compare to Bank of America? Read our comparison chart below.

goHenry is a financial learning app for ages 6-18. It lets kids spend with a debit card, set savings goals, get paid for chores, and more. The app evolves with kids to suit their needs at different ages. Plans start from $4.99/mo per child.

While Bank of America is one of the largest banks in the U.S. with approximately 4,300 locations and 17,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

Compare goHenry with Bank of America, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 goHenryBank of America
Member FDIC
 Visit SiteLearn More
 

goHenry

Bank of America

SPECIAL OFFER
GoHenry Kids' Debit Card - Learn More

Read goHenry Review

OFFER
Bank of America Advantage Banking - $200 Bonus Offer

Read Bank of America Review

 

Benefits and Features

Savings
Create savings goals; No APY
Check
CD 
Check
CheckingDebit card up to 4 kids (Family Plan); 1 debit card (Individual Child)
Check
Monthly FeeIndividual Child - $4.99 per month
Family Plan - $9.98 per month
 
Kids Debit Card
Check
 
Minimum Deposit to Open
$5
 
Mobile App
iOS & Android
 
ATMsNo fee for either domestic (US) or international ATM use. ATM owners may charge a fee.
Approximately 16,000+ ATMs
Customer Service 
  • Mon-Fri: 8am - 9pm (ET)
  • Sat: 8am - 8pm (ET)
  • Sun: 8am - 5pm (ET)
IRA CD 
Check
Locations 
3,922 financial centers
 

CreditDonkey® Reviews

 goHenryBank of America
SavingsStarStarEmpty StarEmpty StarEmpty StarStarStarEmpty StarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
CheckingStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
PriceStarStarHalf StarEmpty StarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
Customer ServiceStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
EducationStarStarStarStarStar
CDStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • App evolves with your child
  • Flexible parental controls
  • Game-like educational tools
Cons:
  • Accounts don't earn interest
  • Can't cancel through the app
Pros:
  • Large branch network
  • Extended service hours
  • Full service banking
Cons:
  • Monthly fees
  • Low interest rates
  • Many misc. banking fees
Bottom LineGood banking app with fun educational content... Read full reviewNational bank with widespread accessibility and wide range of services... Read full review
 Visit SiteLearn More

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    goHenry: Pricing information from published website as of 03/01/2024.

    Bank of America: Pricing information from published website as of 04/26/2024 based on 91107 zip code.

    GoHenry Kids' Debit Card

    GoHenry Kids' Debit Card

    • Real-time spend notifications.
    • Block and unblock cards easily.
    • Teach financial independence safely.
    GoHenry card is issued by Community Federal Savings Bank, member FDIC
    GoHenry Debit Card and Education App for Kids

    GoHenry Debit Card and Education App for Kids

    • Spend, save, and learn all in one app
    • Chores and allowance tools
    • In-app money lessons for the real world
    • Evolves with kids as they grow
    • $4.99/mo per child
    GoHenry card is issued by Community Federal Savings Bank, member FDIC
    GoHenry Debit Card for Kids 6-18

    GoHenry Debit Card for Kids 6-18

    • Over 2 million members
    • Customize chores and allowance
    • Full parental controls - monitor transactions, set spending limits, block unsafe merchants
    • Teach kids financial responsibility safely
    • 30 days free; then $4.99/mo per child
    GoHenry card is issued by Community Federal Savings Bank, member FDIC
    Bank of America
    Member FDIC

    Bank of America Advantage Banking - $200 Bonus Offer

    Expires 5/31/2024
    • The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
    • The offer is for new checking customers only.
    • Offer expires 5/31/2024.
    • To qualify, open a Bank of America Advantage Banking account through the promotional page and set up and receive qualifying direct deposits totaling $2,000 or more into that new account within 90 days of opening.
    • Bank of America will attempt to pay bonus within 60 days.
    • Additional terms and conditions apply. See offer page for more details.
    • Bank of America, N.A. Member FDIC.
    Bank of America
    Member FDIC

    Bank of America Business Advantage Checking Account - $200 Bonus Offer

    Expires 6/30/2024
    Earn a cash bonus in three steps:
    1. Open a new eligible business checking account by June 30, 2024
    2. Make Qualifying Deposits* of $5,000 or more in new money within 30 days of opening the new eligible business checking account
    3. Maintain an average balance of $5,000 for the next 60 days (day 31-90) during the maintenance period**
    *Qualifying Deposits are deposits of new money, which is money not currently or previously held in any account at Bank of America or Merrill
    **The maintenance period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
    Member FDIC
    Bank of America
    Member FDIC

    Bank of America Advantage SafeBalance Banking®

    • Banking that helps you stay within your balance.
    • No monthly maintenance fee each statement cycle when you meet one of the following: an owner of this account is under the age of 25 or maintain a minimum daily. balance of $500 in your account or are a member of Bank of America Preferred Rewards®.
    • Bank of America, N.A. Member FDIC.

    Which is Better: goHenry or Bank of America?

    Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing goHenry or Chase.


    Articles on goHenry

    GoHenry

    GoHenry offers kids a debit card and fun money lessons. But is it worth the monthly fee? Find out the pros, cons, and whether it's safe for your child.

    GoHenry vs Greenlight

    GoHenry vs Greenlight: Which is the best debit card for kids? Find out the pros, cons, and differences between GoHenry and Greenlight.

    How Much Does GoHenry Cost

    Is GoHenry worth the monthly fee? Find out if GoHenry is a good debit card for kids. Plus, check out the best free GoHenry alternatives.

    Is GoHenry Legit

    GoHenry offers financial education in a banking app and debit card for children. But is it safe and secure?

    Articles on Bank of America

    Bank of America Review

    Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

    Bank of America Savings Account Interest Rate

    Bank of America's Advantage Savings has a standard APY way below the national average. Read on to find out more.

    Does Bank of America Have a High Yield Savings

    Bank of America offers various banking products and services. But does it have a high-yield savings account? Find out here.

    Bank of America Problems

    Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.

    Bank of America CD Rates

    Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.

    How to Close a Bank of America Account

    Want to close your Bank of America account? Learn how and what you need to do before you close your account.

    Bank of America Hours

    Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

    Bank of America Routing Number

    Find your Bank of America routing number and learn about money transfers in our guide.

    Which Do You Think is Best?





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