What can we help you with?

Search results for:en/articles/6199264-understanding-real-vs-virtual-money

Understanding real vs virtual money

Our Rooster Money Tracker is entirely free, there are no fees to pay and no way to add real money to… Children with virtual money will be under the ‘Virtual Tracker’ section with their available balance… The balance you see in your child’s account is a virtual balance to help you track how much pocket money

Can my child spend their money?

Find out more about using the app with virtual money on our free account, and real money in the UK via our Rooster Card… For families with the free Tracker account, Rooster Money acts as a virtual wallet for you and your kids… No real money can be deposited from your bank account to the app, and there's no payment card for children

How to complete and approve Custom Pots with the Goal Purpose

Completing a Goal for a real money child with a Rooster Card subscription (Rooster Card Only)… How to approve a goal for a virtual money child (free account)… When a child on a virtual money (Tracker Account) completes saving for their goal, they will need to

What is the Spend / Card pot?

When parents use real money to buy something out of the Child's pocket money, they can remove the same… amount from the virtual balance in the Spend to show that some or all of the available pocket money… For Rooster Card families, the Card pot shows the real money balance available on the Rooster Card

How do I pay money into the NatWest Rooster Money account?

If you're topping up your NatWest Rooster Money account for the first time, have a quick read of this guide… My bank doesn’t recognise the account details to pay money into the NatWest Rooster Money account, what… You can read more here about how we keep your money safe

How does NatWest Rooster Money work?

Find out all about Rooster Money and how it works here… Parent Account - You can control real money deposits and withdrawals in and out of the Rooster Money… Our mission at Rooster Money is to help parents teach their children the value of money in a digital age

How to Remove (withdraw) money from your child's account

How can I remove money from my child's account?… Real money funds held on the Rooster Card, or in a Pot held by a child with their own Rooster Card, will… Real Money funds are always removed back to the Parent Account

IFTTT and NatWest Rooster Money

How do I use Rooster Money with IFTTT?… With Rooster Money you can choose from the following options: Boost a child Remove money… family, you will be required to enter the CVV for one of your children’s cards to authenticate your real

Can I withdraw money from the NatWest Rooster Money account once I’ve topped up the Parent Account?

A step by step guide on how to withdraw money from your NatWest Rooster Money Parent Account… Pot the money is currently in to transfer this money back to your Parent Account in order to withdraw… As a Primary Parent or Guardian you can withdraw money from the Parent Account back to your personal

How does NatWest Rooster Money work?

An overview of the NatWest Rooster Money app… Tracker; a free version of our app that allows families to add/remove a virtual balance to help track… pocket money