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Mozo Piggy Bank Report 2021: Our kids and pocket money Mozo Piggy Bank Report 2021: Our kids and pocket money 71% of parents got pocket money as children and that number is similar today. 63% of parents say they currently give pocket money to their kids. $10 per week (or less) is the going rate, say the majority of parents. Cash is still the payment method of choice, but digital payments are made by some. 39% of parents have opened a savings account for their child’s pocket money. 12% say their kids have a banking account through a school program. Kids’ savings account rates are low, but some still offer above 2.00%. ....