It’s never too early to teach your child the value of a dollar. Sitting your child down to talk about investing may lose their interest. However, the best piggy banks offer a fun approach to learning the importance of saving up money. Whether you decide on a simple piggy bank or one that does the counting for you, we’ve narrowed down the options to the top ten.
Best Children’s Piggy Banks
To help teach your kids to sort their money, the Money Savvy Pig and Moonjar feature dividers for saving, spending, etc. The Money Bank allows kids to save coins and cash whereas the Panda Bank and Schylling Piggy Bank is for coins only.
Moonjar Three-Part Moneybox
I really like the concept behind the Moonjar Three-Part Moneybox. It’s a great way to teach your child not only about saving, but sharing what they earn as well.
Firstly, the bank is equipped with three containers: save, spend, and share. Each container is color-coded to help children identify which is which. The slots on top of the lids are large enough to accept both coins and folded-up bills. I will say, you will have to fold up dollar bills several times in order for them to fit.
The bank measures 5.25″ wide and 5″ wide. In addition, each slot is 1.5″ long and 5/16″ wide.
Secondly, the containers are held together with an acrylic band. When your child is ready to separate them to access their money, they simply take the band off. In addition, the containers are unbreakable, making them perfect for smaller hands.
Thirdly, the bank does not only a great job at teaching your child math skills by counting their money, but it also shows the importance of helping others.
Finally, included with the bank is a money tracking sheet. It’s a great way for older kids to work on their math skills!
Yoego Kids Money Bank
The Yoego Kids Money Bank is a fun, secure place for your child to keep their money.
Firstly, your child can pick a passcode in order to open the bank. If your child forgets their password, simply take out the batteries and it will reset itself. It does require 3 AA batteries (not included). Sometimes the resetting process can take a few tries, so prepare yourself with some patience.
A green light will flash when the passcode is entered correctly. A red light indicates an incorrect passcode. Keep in mind the bank does not keep track of how much money is in the bank.
In addition, you can either choose to have the bank in “beeps mode” or “voice mode.” The voice mode will prompt you to enter each number one at a time. In beeps mode, you will enter all passcode numbers in a row.
Secondly, the bank can hold either 600 coins or 100 dollar bills. Dollar bills can easily be inserted into the slot on the front bank, just like you would on a vending machine. As a note, you may run into a problem if the bills are old or too soft. Coins are placed through a slot on top of the back.
In addition, the bank measures 5.1″ x 4.6″ x 7.5″ and is made from sturdy ABS plastic.
Finally, there are six fun color options with the Yoego bank. Choose from blue camo, red and black, blue and white, green camo, pink, and silver.
When you first receive the bank, the initial passcode is 0000. You can change the password after you initially input the standard passcode. As a word of caution, if your child plays too much with the buttons on the bank, you may have trouble getting it open.
Money Savvy Pig
The Money Savvy Pig is another great way to encourage your child to save up their money but also share with those in need.
Firstly, the clear bank has four chambers: Save, Spend, Donate, and Invest. The Invest chamber definitely sets the bank apart from others with the same concept. While the bank is made with durable plastic, it could still crack if dropped.
Secondly, each chamber has its own opening on the bottom. This ensures your child can access just one chamber at a time. The bank accepts both coins and paper bills. However, the bills can be hard to retrieve.
Finally, the bank measures 8″ x 6″ x 6″ and is available in either pink or blue. Young kiddos will probably use the save and invest chambers interchangeably but for older kiddos, it’s a great way to teach them why saving for the future is important.
Schylling Rubber Piggy Bank
Worried about your child breaking their brand new piggy bank? That’s where the Schylling Rubber Piggy Bank comes into play.
Firstly, the vinyl piggy bank is accessorized with a cute blue gingham scarf. The scarf is removable in case your little one would prefer to decorate it their own way. It even includes a moveable head.
Secondly, there is a slot on top for your child to insert their coins and dollar bills. You might need to push the scarf out of the way to access the slot. Underneath the bank is a plug for easy access to their profits.
In addition, the bank measures 5.62″ x 8.37″ x 10.62″. I find it to be a great size for children. It won’t take up too much space in their room but it is plenty big to fill with their money.
Thirdly, since the pig is a solid color, there is plenty of space for your to personalize it for your child. If you get more than one for multiple children, personalizing them is a great way to tell them apart.
Finally, the bank is best suited for younger children. It’s less likely to break when handled by little hands and older kids may prefer something geared more towards children their age.
Panda Stealing Money Bank
The Panda Stealing Money Bank is a fun, interactive way for your child to store their money.
Firstly, your child puts the coin on the white spot on top and the panda’s hand sneaks out to steal the coin with its paw. When it pops out, it says a quick “hello” before swiping the coin followed by a “thank you.”
In addition, the bank isn’t very large so it won’t take up much space in your child’s room. It measures 6.02 x 5.2 x 5.08 inches and requires two AA batteries (not included).
Secondly, there is a twist latch on the bottom for children to access their money. There is an on and off switch on the bottom as well.
Finally, the Panda Stealing Money Bank is a bit of a novelty more than it is a bank. My kids got it for Christmas one year and while they had fun with it, it doesn’t hold much money and dollar bills are basically a no-go with it. It can hold about 30-40 coins max.
Best Ceramic Piggy Banks
The Hapinest Unicorn Piggy Bank is slightly larger (10.08 x 8.94 x 5.87 inches) and heavier (1.94 pounds) than the Pearhead Piggy Bank (8.5 x 6 x 6.4 inches, 1 pound).
Pearhead Ceramic Pink Piggy Bank
The Pearhead Ceramic Pink Piggy Bank is the perfect starter bank for children. I mean, what’s more classic than a piggy bank shaped like a pig?
Firstly, the glazed ceramic bank comes in a variety of colors and patterns. Choose from either solid colors (pink, blue, and gray) or add some flare with some polka dots. Whichever you choose, your little one will enjoy filling it up. The polka dots are painted on and not just stickers that will just fall off.
In addition, the ceramic piggy bank measures 8.5 x 6 x 6.4 inches and weighs just one pound. The size is perfect for kids as it’s not too heavy but has plenty of space for your little one to fill up. The bottom is equipped with a rubber stopper to make sure no money falls out.
Secondly, if you are looking for the perfect shower gift, look no further than the Pearhead Piggy Bank. It’s the perfect addition to a nursery and can be used as the child grows.
Since it is made of ceramic, there is always the potential for it to break if it falls, so make sure little hands are very careful with it. The good news is, it’s priced reasonably so if there is a fall, you won’t break the bank buying a new one. No pun intended.
Finally, if you get a solid color, you can easily add your child’s name yourself with stickers. It’s a great way to personalize it!
Hapinest Ceramic Unicorn Piggy Bank
I love the sweet look of the Hapinest Ceramic Unicorn Piggy Bank.
Firstly, the hand-painted bank is made from high-quality ceramic dolomite and glazed for a smooth finish.
The unicorn is decorated with a glitter mane and tail and a gold horn. It really is a beautiful piece! As a warning, you likely will be finding glitter all around your house. However, if you add a gloss Mod Podge over the glitter mane, you can reduce the amount that falls off.
Secondly, the bank stands 7.5″ tall and weighs just over 2 lbs. The bank is better for older children since it could easily break if it falls.
Finally, the bank is equipped with a slot on top for inserting money. In addition, it has a rubber stopper on the bottom making it easy for a child to retrieve their savings.
Does your child love unicorns? Check out our list of the best unicorn toys here.
Best Piggy Bank that Counts Change
HeQiao Digital Coin Bank
The HeQiao Digital Coin Bank is a great way to help your child learn about counting money.
Firstly, as your child inserts coins, they will see the number increase on the digital lid — letting them know the total amount of money they now have. The container, itself, is clear giving your child an easy visual of how much money they have saved up. The automatic coin counter can handle pennies, nickels, dimes, quarters, and half dollars.
As a note, you will need to unscrew the top to put dollar bills inside the bank. You also will need to manually input how much you added on top. There are +/- buttons to allow you to alter how much money is in the bank. You will have to press down until the number starts flashing and then you can change the amount.
Secondly, the amount will not always show on the LCD screen, however, once you add change to the bank, it will power back up.
Finally, the bank measures 74.7″ x 8.5″ x 4.8″ and requires 2 AAA batteries (not included). If your child is working on counting, we have a great article on how to teach counting by 5’s. It will help add up all those nickels!
One complaint about the bank is it sometimes has a hard time distinguishing between pennies and dimes. While frustrating, you can change the amount using the buttons on top. There is a reset button on the back of the lid if you want to start from square one.
Best Wooden Piggy Bank
Forest Decor Wood Piggy Bank
This one is simply cool. The Forest Decor Wood Piggy Bank offers a unique take on a standard piggy bank.
Firstly, this isn’t your straight out of the factory piggy bank. It’s made with genuine forest wood and handcrafted by a master craftsman. On top are its adorable leather ears and tail.
Measuring 8.7″ x 4.6″ x 5.5″, the wood piggy bank has a wide slot on top for your child to put their coins or dollar bills into.
Secondly, the backside of the bank has an easy access spot for your child to retrieve their money. It also has a cute, curly tail.
Finally, keep in mind, the color of each individual bank may vary based on which parts of the tree are used in your specific piggy bank.
Best Piggy Bank for Toddlers
Fisher-Price Laugh and Learn
Finishing up my list of the best piggy banks is the Fisher-Price Laugh and Learn. While not a real bank, it’s perfect for the tiniest of bankers who probably would stick real money in their mouth, rather than in a bank.
Firstly, the Laugh and Learn is a great way for little ones to learn how piggy banks work. Ideal for children ages 6-36 months, there are 2 different Smart Stages based on your child’s age.
Level 1 encourages those 6 months and up to explore their curiosity with busy activities like opening the door to hear songs and phrases about counting and colors. In addition, they can press the pig’s nose to get a response from the bank.
Secondly, once your child reaches 12 months, you can switch to Level 2. Here, your child can expand what they have already learned by introducing counting in Spanish and encouraging them to drop the coins in the piggy bank.
Finally, the bank plays over 40 tunes, phrases, and sing-along songs and includes 10 colorful coins that teach numbers on one side and animals on the other.
I find the Fisher-Price Laugh and Learn to be a great intro to owning a bank. Best of all, you don’t have to worry about small children sticking dirty money in their mouths.
We have a comprehensive list of the best math toys for teaching math if you are looking for something for older children as well.
Piggy Banks Compared
The table below compares only the recommended products on this page. A low or high Price means it is low or high compared to the other products listed. The Popularity Score reflects how often readers click on and buy the product. The Quality Score is our assessment of the overall performance and satisfaction with the product compared to others in the table.
| Forest Decor Wood Piggy Bank | 3.9 | - | 74.95 |
| Money Savvy Pig | 8.8 | 9.2 | 27.99 |
| Yoego Kids Money Bank | 9.8 | 9.2 | 25.99 |
| Schylling Rubber Piggy Bank | 7.2 | 9.6 | 24.71 |
| Moonjar Three-Part Moneybox | 9.7 | 9.4 | 20.49 |
| Hapinest Ceramic Unicorn Piggy Bank | 9.6 | 9.6 | 19.99 |
| Panda Stealing Money Bank | 9.8 | 8.8 | 17.99 |
| Pearhead Ceramic Pink Piggy Bank | 9.8 | 9.6 | 14.99 |
| HeQiao Digital Coin Bank | 8.1 | 8.6 | 12.99 |
| Fisher-Price Laugh and Learn | 9.9 | 9.8 | 12.59 |
How We Selected the Best Piggy Banks
Durability
The majority of piggy banks can break if they fall off a dresser. We made a point to find ones that were sturdy enough to handle even clumsy hands. I do recommend the rubber piggy banks for smaller children. It’s very easy to drop a bank filled with coins and providing them with an unbreakable option prevents a shattered bank.
Unique Features
A standard piggy bank is great and is a classic. A bank that counts money for your child is even cooler. How about one made out of a real tree? Having unique features helps engage your child into wanting to use their bank to save up their money. It also makes a neat accessory in their room.
FAQs – Children’s Piggy Banks
Do you have to break piggy banks?
The first piggy banks were made out of terracotta. You would have to break them open in order to get your money. While I’m sure kids would have fun with that process, the best piggy banks today have an easy-access spot to allow a child to get their money out — usually found underneath the bank. No busting open required.
At what age should children have piggy banks?
While you can get a piggy bank at any age, you want to make sure you don’t let them handle the money until they are past the age of putting everything in their mouth. The best piggy banks offer a wide variety of options for children of all ages. Most piggy banks for suitable for children ages 3 and up.
Why are piggy banks important?
It truly is never too early to start teaching kids about the value of a dollar and how important saving money is. Instilling these values when they are young can aid them as they get older and truly understand why saving their money is important. It’s also a great way to work on counting and other math skills.
Our list of the best educational toys can give you other ideas on how to teach them through play.
