The Tooth Fairy goes cashless with kids money app Spriggy

Mouth with tooth missing

The Tooth Fairy rivals dentists, according to estimates by ToothShow, she collects more than two thousand teeth from Australian children each night. And while the fairy of the night has traditionally paid children cash for their teeth while they are sleeping, along with most of the country, recently she has been stepping up her game turning to digital payments. 

Infact, the Tooth Fairy recently announced a partnership with Spriggy, an Australian pocket money app and prepaid card, to enable digital payments in exchange for lost teeth. According to Spriggy data, the average digital tooth fairy payment is $5.

 

How do we help the Tooth Fairy?

Child holding phone with missing teeth

To help the Tooth Fairy make her payments, kids can leave their Spriggy card out alongside their fallen tooth - they will wake up to her payment and their tooth will be gone! 

Mum of two, Hayley Waterhouse says, “It is so convenient for the Tooth Fairy to transfer money using Spriggy. She no longer needs to find the right change, and my kids no longer lose their money before spending it … It’s a win/win in our household.” 

Interested in your child’s Tooth Fairy going digital? Learn more about Spriggy in our Spriggy Review.

For more money management apps, check out our winners for the 2023 Mozo Expert Choice Awards for Mobile Banking & Money Management Apps. To help your kids get a head start with their savings, check out some of the  savings accounts below.

Compare kids savings accounts

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Last updated 30 October 2024 Important disclosures
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    Enjoy a high interest savings account with no account keeping fees to pay. Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace. Multiple 2024 Mozo Experts Choice Award winner.

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  • PremiumSaver

    5.35% p.a. (for $0 to $250,001)

    1.45% p.a.(for $0 and over)

    Yes up to $250,000

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    Reward yourself with a higher rate for your good savings habits. Rabobanks’s PremiumSaver is simple - receive the maximum rate when you grow your balance by at least $200 each month (T&Cs apply). Plus, your savings help our Aussie farmers produce the food we love to enjoy.

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  • Savings Maximiser

    5.50% p.a. (for $0 to $100,000)

    0.55% p.a.(for $0 and over)

    Yes up to $250,000

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    Great variable rate every month when you grow your balance each month in addition to other eligibility criteria. No ING fees to pay. Save even more with ING Everyday Round Up. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^

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  • Savings Accelerator

    3.55% p.a. (for $0 to $50,000)

    2.85% p.a.(for $0 to $50,000)

    Yes up to $250,000

    New customers receive an introductory bonus 0.70% p.a. variable kick starter rate for the first 4 months on balances up to $500,000.

    Enjoy the flexibility to access your funds with no monthly deposit requirements or lock-in terms. No ING fees to pay. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^

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^See information about the Mozo Experts Choice Savings Account Awards

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