Teaching kids about money management and the value of saving is one of the most important lessons they’ll learn. And what better way to kickstart their financial journey than with a fantastic piggy bank? It’s not just a cute decoration; it’s a tangible tool that helps children understand the concept of earning, saving, and reaching goals.
Finding the best piggy bank for kids can feel a bit overwhelming with so many options out there. Should you go for a classic, unbreakable design, or something high-tech and electronic? Don’t worry, we’ve got you covered! We’ve scoured the market to bring you a hand-picked list of the top 7 piggy banks that combine durability, fun, and educational value. Let’s dive in and find the perfect money-saving companion for your little one!
How We Chose Our Top Picks
When selecting the best piggy bank for kids, we focused on several key factors:
- Durability: Can it withstand a few accidental drops?
- Engagement Factor: Does it make saving fun and exciting?
- Capacity: Can it hold a good amount of coins and bills?
- Security: Does it offer a safe place for treasures?
- Age Appropriateness: Is it suitable for various age groups?
- Educational Value: Does it subtly teach financial lessons?
The 7 Best Piggy Banks for Kids
Let’s explore our top selections, each offering unique features to delight and educate your child.
1. Refasy Electronic Piggy Bank with Password for Boys
This isn’t your grandma’s piggy bank! The Refasy Electronic Piggy Bank brings a high-tech twist to saving money, making it an exciting adventure for any child. With its secure password protection and automatic paper money scroll feature, kids will feel like they have their own personal ATM. It’s built from sturdy ABS plastic, designed to be safe and durable, ensuring many hours of fun saving. If you’re looking for a best piggy bank for kids that adds a layer of thrill and responsibility, this is a fantastic choice.
- Key Features:
- Made from high-quality, safe ABS plastic.
- Four-digit electronic password protection (default 0000, changeable).
- High capacity, storing up to 600 coins or 100 paper bills.
- Automatic paper money scroll mechanism.
- Fun and educational gift for ages 3+.
- Pros:
- Teaches responsibility with a customizable password.
- Automatic bill feeder is exciting for kids.
- Large capacity for long-term saving goals.
- Durable and safe materials.
- Cons:
- Requires 3 AA batteries (not included).
- Paper money can jam if too old or soft.
- User Impressions: Parents love how this electronic money bank makes saving feel like a game. Kids are especially thrilled with the automatic bill-feeding action and the secret password feature, which adds a sense of ownership and security to their savings.
- See it on Amazon here
2. PJDRLLC Unbreakable Plastic Money Bank
Sometimes, simple is best, especially for younger savers! The PJDRLLC Piggy Bank is a true classic, but with a modern, kid-proof twist. Made from non-toxic, thick plastic, this little piggy is practically indestructible – perfect for those inevitable tumbles. It comes in a wide variety of colors, so you can easily find one that sparks joy for your child. It’s an ideal “first piggy bank” that focuses purely on the essential act of saving without any complex features.
- Key Features:
- Classic “My First Piggy Bank” design.
- Made from non-toxic, thick, unbreakable plastic.
- Available in more than ten vibrant colors.
- Medium size (approx. 5.9″ x 4.7″ x 5.1″) perfect for small hands.
- Easy-to-use bottom knob for accessing savings.
- Pros:
- Extremely durable and child-friendly.
- Simple and straightforward for young children.
- Many color options to choose from.
- Teaches basic saving habits effectively.
- Cons:
- No advanced features like electronic locking or automatic feeding.
- Might be outgrown as kids desire more interactive options.
- User Impressions: Customers frequently praise its robust build, noting that it truly stands up to drops and bumps. Its simplicity and appealing range of colors make it a popular choice for toddlers and preschoolers starting their saving journey.
- See it on Amazon here
3. PLAYSHEEK Large Electronic Money Bank with Password
The PLAYSHEEK Piggy Bank is another excellent electronic option, blending fun and functionality into one cool package. It boasts a generous capacity and features the popular automatic paper money scroll, making deposits feel like a mini-adventure. Crafted from safe, odorless ABS plastic, it’s designed with kids in mind. The password protection adds an exciting layer of secrecy, turning saving into a game of safeguarding their personal treasure. This money safe is definitely a strong contender for the best piggy bank for kids who love gadgets.
- Key Features:
- Safe and odorless ABS plastic construction.
- Interactive sounds when money is inserted.
- Large capacity (7.5″ x 5.1″ x 4.7″) stores 600 coins or 100 bills.
- Customizable 4-digit password protection.
- Automatic paper money scrolling and top coin slot.
- Pros:
- Encourages saving with interactive sounds and auto-scroll.
- Secure password feature gives kids a sense of ownership.
- Ample space for a growing collection of savings.
- Can store small toys and keepsakes in addition to money.
- Cons:
- Password resets to default if batteries are removed (can be a pro or con depending on need).
- Cash must be straightened for the auto-scroll to work effectively.
- User Impressions: Reviewers highlight the automatic money-feeding as a major hit with children, making them eager to save. The sturdy build and generous storage capacity also receive high marks from parents.
- See it on Amazon here
4. Electronic Money Saving Box w/Code – KiddieVault
For a truly immersive and thrilling saving experience, the KiddieVault is a standout. This electronic money bank isn’t just a place to stash cash; it’s a realistic mini-vault! Kids can create their own secret passcode, watch bills automatically get pulled in with flashing lights and cool sounds, and then twist a knob to unlock their treasure. It’s an empowering, interactive toy that makes financial education feel like an exciting secret mission. It’s easily one of the most engaging options for the best piggy bank for kids who enjoy interactive play.
- Key Features:
- Allows creation of a personal secret passcode.
- Automatic money feeder with flashing lights and fun sounds.
- Responsive lights and sounds for every deposit.
- Real vault experience with a turning knob, keypad, and secure door.
- Encourages pretend play and teaches the value of saving.
- Pros:
- Highly interactive and engaging, keeping kids excited about saving.
- Realistic vault design fosters a sense of responsibility and fun.
- Lights and sounds provide positive reinforcement for saving.
- Great gift that combines entertainment with education.
- Cons:
- Requires 3 AA batteries (not included).
- Might be a bit more complex for very young children compared to basic banks.
- User Impressions: Parents rave about how much their children love the “secret” aspect of this bank and the satisfaction of watching their money get pulled in. The interactive features reportedly keep kids engaged and motivated to save more.
- See it on Amazon here
5. Cute Piggy Bank, Coin Bank for Boys and Girls
If you’re searching for a straightforward, adorable, and super durable money-saving solution, this Cute Piggy Bank hits all the right notes. Made from lightweight yet strong plastic, it’s virtually unbreakable, making it a stress-free option for parents. Its sweet, classic design is universally appealing, suitable for both boys and girls, and even appeals to adults looking for a simple charm. This makes for an excellent entry-level option for the best piggy bank for kids who are just starting out.
- Key Features:
- Super cute, classic piggy bank design.
- Compact size (5.5″x4.9″x4.7″) perfect for kids.
- Made of lightweight, strong, and durable plastic.
- Easy to store coins and banknotes.
- Reusable with a bottom access plug.
- Pros:
- Extremely durable and safe for children.
- Simple, no-fuss design.
- Lightweight and easy for kids to handle.
- Timeless aesthetic.
- Cons:
- Lacks advanced features like password protection or automatic feeding.
- May not excite older children seeking more interactive options.
- User Impressions: Customers love the durability and charming design, often noting that it makes a perfect first piggy bank. The ease of use for both depositing and withdrawing money is also a highlight.
- See it on Amazon here
6. PJDRLLC Dinosaur Piggy Bank for Kids, Unbreakable Plastic
Roar into savings with this fantastic Dinosaur Piggy Bank! Combining the unbreakable plastic durability of PJDRLLC’s classic design with an exciting Triceratops theme, this money bank is sure to be a hit with any dino-loving child. It’s the perfect size for little hands to hold and big enough to house a treasure trove of coins and bills. Available in several fun colors, it’s a brilliant way to make saving feel like a prehistoric adventure. It’s definitely one of the best piggy bank for kids looking for a themed option.
- Key Features:
- Engaging Triceratops dinosaur design.
- Made from non-toxic, thick, unbreakable plastic.
- Available in four appealing colors (pink, blue, green, purple).
- Perfect size for children (approx. 10″ long, 6.9″ tall).
- Easy-access plastic knob at the bottom.
- Pros:
- Highly durable and child-proof.
- Fun and engaging theme for dinosaur enthusiasts.
- Good capacity for both coins and cash.
- Simple for kids to manage their savings.
- Cons:
- Limited to the dinosaur theme, which might not appeal to everyone.
- No advanced features.
- User Impressions: Buyers are consistently impressed by its sturdiness and the appeal of the dinosaur design to kids. Many highlight it as a wonderful gift that combines playfulness with the practical lesson of saving.
- See it on Amazon here
7. Pearhead Large Ceramic Piggy Bank
For those who appreciate timeless elegance and a touch of classic charm, the Pearhead Large Ceramic Piggy Bank is an ideal choice. This adorable polka dot piggy bank introduces saving in a traditional, beautiful way. Its generous size means it can hold a substantial amount of coins, and the convenient rubber stopper at the bottom makes accessing savings a breeze. Complete with soft felt feet to protect surfaces, it’s not just a savings tool but also a delightful piece of nursery or room decor. This one is arguably the best piggy bank for kids if you value aesthetics and tradition.
- Key Features:
- Classic ceramic piggy bank design with polka dots.
- Generously sized (6.5” L x 6.5” W x 6.5” H).
- Easy-access rubber stopper at the bottom.
- Soft felt feet to prevent scratches on surfaces.
- Available in classic colors suitable for any child’s room.
- Pros:
- Beautiful, traditional aesthetic that doubles as decor.
- Large capacity for long-term saving.
- Easy for kids to access their money for counting.
- Thoughtful gift for baby showers or birthdays.
- Cons:
- Being ceramic, it is breakable if dropped, unlike plastic options.
- Not as interactive or high-tech as electronic banks.
- User Impressions: Customers frequently commend its cute design and the quality of the ceramic finish. It’s often purchased as a keepsake or a decorative addition to a child’s room, with parents appreciating its traditional appeal and functionality.
- See it on Amazon here
Factors to Consider When Choosing a Piggy Bank
Picking the perfect piggy bank is about more than just looks. Here’s a quick guide to help you make the right choice:
- Age of Your Child:
- Toddlers & Preschoolers: Unbreakable plastic and simple designs are best.
- Young School-Aged Kids (5-8): Electronic banks with passwords or themed banks can be very engaging.
- Older Kids (9+): More sophisticated electronic banks or ones that offer a sense of “real” banking might appeal.
- Durability: If your child is prone to dropping things, an unbreakable plastic option is a no-brainer. Ceramic banks are lovely but require more care.
- Capacity: Consider how much money your child might be saving. Larger banks are great for bigger goals, while smaller ones are good for frequent, small deposits.
- Security Features: Do you want a simple stopper, or the added excitement and responsibility of a password-protected bank?
- Engagement/Fun Factor: For some kids, a cool theme or an automatic money feeder will encourage more saving. For others, the simple act of putting money into a cute pig is enough.
Why Piggy Banks are Important for Kids
Beyond just holding coins, a piggy bank is a powerful educational tool:
- Teaches Financial Literacy: It’s a tangible introduction to money, saving, and basic economics.
- Encourages Goal Setting: Kids learn to save for a desired toy or experience.
- Fosters Patience: They understand that reaching a goal takes time and consistent effort.
- Promotes Responsibility: Taking care of their own money gives them a sense of independence.
- Visualizes Progress: Watching their savings grow is incredibly motivating!
Frequently Asked Questions (FAQ)
Q1: What age is a good time to introduce a piggy bank to my child?
A: You can start as early as 2-3 years old with a simple, unbreakable piggy bank. At this age, it’s more about the physical act of putting money in and understanding that it’s “their money.” As they get older (5-6+), you can introduce more complex concepts like saving for a goal.
Q2: What’s the main difference between an electronic and a classic piggy bank?
A: Classic piggy banks are typically simple containers (plastic, ceramic) with a slot for money and a stopper for access. Electronic piggy banks often have features like password protection, automatic bill feeders, lights, and sounds, making the saving process more interactive and game-like.
Q3: How do I teach my child to save money using a piggy bank?
A: Start with a clear, achievable goal (e.g., a small toy). Offer opportunities to earn money through chores or rewards. Encourage regular deposits and help them count their money periodically. Discuss their goal often and celebrate when they reach it!
Q4: Are “unbreakable” piggy banks truly unbreakable?
A: While no item is truly 100% indestructible, “unbreakable” piggy banks (typically made of thick, non-toxic plastic) are designed to withstand normal drops and tumbles much better than ceramic or glass options, making them very durable for kids.
Q5: How much money should a child save in their piggy bank?
A: There’s no fixed amount. It depends on your family’s budget and the child’s age and goals. The key is consistency and teaching them the habit of saving, whether it’s pennies or dollars. Some parents use a “save, spend, share” system to allocate pocket money.
Q6: Can I change the password on an electronic piggy bank if my child forgets it?
A: Most electronic piggy banks allow you to change the password or reset it to a default (often by removing and reinserting batteries or using a specific reset button). Always check the product’s instructions for exact details.
Q7: How can I make saving money more fun and engaging for my child?
A: Involve them in choosing their piggy bank, set fun saving goals, use a reward chart, match their savings (e.g., you contribute a dollar for every dollar they save), or choose an electronic piggy bank with interactive features like lights, sounds, and automatic feeders.
Conclusion
Choosing the best piggy bank for kids is an exciting step toward nurturing their financial awareness. Whether you opt for the high-tech thrill of an electronic bank, the rugged dependability of an unbreakable plastic pig, or the timeless charm of a ceramic classic, the most important thing is to make saving a positive and consistent habit.
Each of these 7 top picks offers unique benefits, ensuring there’s a perfect match for every child’s personality and age. So go ahead, pick out that special money-saving companion, and watch your child grow into a financially savvy individual, one coin at a time!