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  • 5Point FAM screenshot 1
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  • 5Point FAM screenshot 4

About 5Point FAM

Welcome to 5Point Fam! 5Point Fam helps families build healthy money habits together. Kids learn by doing, with parents guiding every step of the way — with our all-in-one, easy-to-use app. From saving and spending to chores and allowances, 5Point Fam turns everyday moments into real financial lessons. **What kids can do:** - Set savings goals and move money towards them - Watch kid-friendly videos about how banking works - Request money from parents, with notes - Transfer between their own accounts - Track chores and notify parents when they're completed - Send money back to parents if they need to pay back - Check balances and view all their transactions **What parents can do:** - Manage all their kids from one app - Set savings goals and track their progress - Watch short videos with tips on talking to kids about money - Request money from your child, even as a practice loan - Practice loans with monthly payments, interest rates, due dates, and even late fees - Add notes when sending money or declining money requests - Set spending limits - Assign chores, track progress, and pay when they're done - Freeze and unfreeze their debit card - Check balances and transactions in real time

What’s new

Version 2.13.3 · Updated October 20, 2026

Bug Fixes

App privacy

The developer, Fivepoint Credit Union, reported these privacy practices to Apple.

Data Not Linked to You

The following data, which may be collected but is not linked to your identity, may be used for the following purposes:

  • Location: Coarse Location
  • User Content: Customer Support
  • Identifiers: User ID, Device ID
  • Usage Data: Product Interaction
  • Diagnostics: Performance Data, Crash Data

Used for: Analytics, Product Personalization, App Functionality

Alternatives to 5Point FAM

Looking for apps like 5Point FAM? Here are 6 similar apps on the App Store. The highest rated is myFAST Future (5.0/5), and all 6 are free to download.

5Point FAM vs. alternatives
App Rating Price Last updated Compare
5Point FAM 5.0 / 5 (1 rating) Free October 20, 2026
myFAST Future 5.0 / 5 (2) Free Oct 21, 2026 Compare
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CCF GenGrow Family Wallet 5.0 / 5 (2) Free Jul 21, 2026 Compare
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Affinity Plus Youth Banking 4.6 / 5 (120) Free Oct 20, 2026 Compare
Citizens State Bank Mobile 4.8 / 5 (283) Free Sep 15, 2025 Compare

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