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YOUniverse ATM Savings Bank by Summit Financial Product Inc.
Product SummaryManufacturer: Summit Financial Product Inc. Brand: Summit Financial Product Inc.
Toys and Games Reviews of YOUniverse ATM Savings BankCustomer Review: Great motivation for saving Summary: 5 Stars
My [...] daughter bought this for herself with some money she got for Christmas last year. Since then, she has saved every penny (except for a quarter here and there for a gum ball) to deposit in her "bank". The digital display only excites her more as she drops in her change or dollars so she can see her savings increase. There is also a zero balancing button inside the vault so kids can start counting all over again rather than withdrawing all of their money first. It has helped her dramatically with respect to seeing the benifit of saving money and not wanting to rush to the dollar store every time she earns some money, and has also helped her with her money counting skills. This past school year she was introduced currency and it's values, and having this ATM machine made learning fun.
However great I think it is, there are a few small downfalls that I have noticed. The 2-digit combination to unlock the vault and retrieve your money can be difficult for kids to open on their own. This can be benificial if you don't want your child to play with their money all the time, but can be an issue if your child loves to count their money and can't without having mommy or daddy opening it again and again and again... The second downfall is that on occasion the coin slot doesn't pick up the correct coin size, or counts a coin twice if tiny fingers don't push coins through properly on the first try. This leads to an inaccurate balance, and can be quite annoying. Finally, the vault is a little small and paper money sometimes gets stuck if not put in first before the coins. We are routinely exchanging change for paper bills to make more room to save. I can not imagine how [...] worth of coins could fit as advertised.
Having said that, overall I LOVE this bank and so does my daughter. It was a great purchase on her end and it has done wonders to help her SEE her savings (on the digital display)rather than know she has a pig full of money.
Description of YOUniverse ATM Savings BankThis YOUniverse ATM-shaped savings bank makes saving money more fun. It features an electronic screen, an alpha-numeric keypad, and slots for cards, coins, and bills. It even has a "PowerCard" to record account information. Just insert the card into the appropriate slot and enter a personal ID to get a personal greeting and an exact balance. You can also insert real dollar bills and coins, and the machine will add those amounts to the account. A cash drawer at the bottom pops open for withdrawals. It beeps and lights up, and a robotic voice talks to you. The YOUniverse ATM Savings Bank can be mounted to the wall or set up on a dresser or bookshelf. Requires 2 "AA" alkaline batteries, included.
Activities & Amusements Toys
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