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New ATM Savings Bank
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New ATM Savings Bank

SKU:

SATMP01

This product is currently out of stock
Product Details:
Product Length: 4.75 inches
Product Width: 7.25 inches
Product Height: 13.0 inches
Product Weight: 1.8 pounds
Package Length: 12.8 inches
Package Width: 5.7 inches
Package Height: 4.9 inches
Package Weight: 1.35 pounds
Average Customer Rating: based on 31 reviews
Customer Reviews:
Average Customer Review: 3.0 ( 31 customer reviews )
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Most Helpful Customer Reviews

50 of 55 found the following review helpful:

324 hour banking for children is frustrating at timesJun 11, 2005
By Bonnie Sayers "autismfamily"
I got this for my 10-year old son's birthday. The best part of the bank is having the combination lock listed underneath. However it is very hard for my son to get it done correctly. He was confused with the words "counter clockwise" and it did not specify to go around twice.

There is no way this can fit the amount of money it claims to. The safe area is very small with the door being tempermental at times and not easy to open up after doing the combination. The ATM card is useless.

The key to having the balance portrayed accurately is you have to press the withdrawal amount when you take money out and press the deposit money button to input money.

It is bulky and hard to find a place to store. Nice concept, but we were frustrated when the door opened slightly and then I smashed it to remove the money and tossed it out.

23 of 23 found the following review helpful:

5Great motivation for savingJun 14, 2006
By Melanie Trevino "Mommy of 4"
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.

19 of 19 found the following review helpful:

3Mixed feelingsMar 02, 2006
By Angela Roe
This bank is great if you don't plan on opening it often (or don't want it opened by you children!). The lock doesn't work very smoothly, and usually doesn't open on the 1st try. It also does not recognize $1 coins. Counts them as quarters. Otherwise it is a great concept, and has taught my children that there needs to be money IN an ATM before it can be taken out and used. Both my children also like that they can quickly see how much money they have saved.

25 of 27 found the following review helpful:

2Mix feelings about this oneNov 24, 2005
By Jenny J.J.I. "A New Yorker"
My daughter had received this gift for her seventh birthday. She was very excited until she had problem's figuring out what each word meant but she understood them once I explain it to her. Putting in the money in the machine was great; she enjoyed putting in the coins and watch the amount grow onto the electric screen. It also features a slot for the bills and the ATM card called the "PowerCard" is a cute touch to help record the account information.

Unfortunately this machine persists on forming more problems. One day I notice it started miscalculated the amount of money that she was putting in, so I simply reset it which was cool because there's nothing wrong in starting over. After a month pass by the thing act as though it had a mind of it's on, my daughter knock on my door one morning and said that it kept beeping, so it kind of freak her out that night so I reset it again but it kept turning back on and off. I got a little frustrated so I took another alternative I took the batteries out and then put it back in but it still kept beeping.

So you know what I did, I simply placed it under the kitchen sink. Don't get me wrong this machine was great and made saving money fun but had it not act like that it would of still been on top of my daughters dresser.

Would I recommend this machine, I don't think so.

13 of 14 found the following review helpful:

3My Bank!!!Nov 08, 2005

The bank is pretty cool. It is fun at times but sometimes not. It takes a little too long when you try and put in the money. I stopped using mine because my code is no longer at the bottom of the bank. I now have to twist mine and my brothers around until they come open. My bank also has something wrong with it. When I turn it off, it sometimes turns back on all on its own. It scared me at night because everytime i would turn off my light it would turn on...I figured out it has sensitivity to light! Who knew? I hope this was helpful to you!

See all 31 customer reviews on Amazon.com
 
 
 
 
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