Amid COVID-19, children's interactions with pet animals in the household were at times strengthened, strained, or established anew. Extensive periods of confinement made the home environment not only the site for most family activities but also the hub for children's school and many adults' work. Research on the role of pets during the pandemic has consisted primarily of online surveys with the general finding that sweeping changes to daily living had major consequences for the dynamics between pets and people. This article addresses issues related to young children and pet keeping within the context of the recent world health crisis and the resultant lockdowns. First, it describes how the definition of a pet has changed. It then examines children's attachments to dogs and cats, the two species most frequently chosen as pets for young children worldwide. Next, it highlights the potential risks and rewards of children cohabitating with cats and dogs at a time when many families were sequestered in homes. The article concludes with a discussion of the limitations and contributions of research on pet keeping during COVID-19 and suggests appropriate next steps that take into consideration the welfare of young children and their companion animals.