Chase First Banking is a banking account for kids ages 6-17 and designed with kids 6-12 in mind, opened by parents, that helps families digitally manage spending and provides opportunities for kids to learn and practice the basics of money management by using a debit card in their name.

Choose from an account with features that teens and young adults need or select our parent-owned account with guardrails for younger children. Both accounts come with benefits that make it easy to get started. Enjoy banking with no monthly maintenance fee on these accounts until age 25.1 · Have peace of mind knowing these accounts help prevent overspending.2 · A debit card with $0 Liability Guarantee3 for a secure way to pay in-store, online or with digital wallet.

October 21, 2025 - Get the Greenlight debit card for kids and financial education for your family, complimentary with a new or existing U.S. Bank checking account. Apply now.

December 5, 2025 - Kids and teens can use debit cards through youth or joint accounts, typically requiring a parent or guardian as co-owner, with many institutions setting a minimum age around 13. Debit cards help build financial literacy by teaching budgeting, ...

In many cases, no. Since minors typically cannot enter into legally binding contracts, banks usually require a parent or legal guardian to co-own the account. A debit card is linked directly to a bank account.

Prepaid Debit Cards: These cards can be an excellent option for younger children, as they often have no minimum age requirement. Parents can load funds onto the card, set spending limits, and monitor transactions.

Open a Capital One kid or teen checking account with zero fees and a kids debit card, empowering your teen to manage money confidently.

Ready to give your teen their first debit card? Learn about the banking options and apps out there for parents to teach kids how to manage money.

2 weeks ago - There's no monthly fees, and your balance will earn interest. Parents or guardians can utilize parental control features, such as setting up alerts for low balances or locking and unlocking the debit card at any time. ... Parents can link external bank accounts outside of Capital One so they don't need to be existing customers of the bank to open an account. Once your child turns 18, they have the option to open a Capital One 360 Checking® account and seamlessly transfer their balance.

March 13, 2025 - The decision to give a child a debit card should be based on their individual readiness and responsibility level. Features like parental controls and frequent money meetings can help children use debit cards responsibly.

Next, let’s take a closer look at how teen checking accounts work and what to consider when opening one. Once your child turns 16, they may be eligible for a teen checking account and with it, a debit card that gives them more financial ...

While you have to be 11+ to have a bank debit card, many prepaid debit cards like HyperJar’s can used by children from the age of 6. Just like a bank card, the HyperJar kids prepaid debit card can be used online and in stores as well as for spending abroad.

October 16, 2023 - There is a monthly fee of $5.95, waived for the first month of service. The first physical debit card per family member is provided free of charge, but replacement cards cost $4.95.

September 23, 2025 - There are also fintech companies that offer debit cards for kids with no minimum age requirements. Getting your child a debit card can be a great way to introduce them to the basics of money management, as long as you do so wisely.

Get your teen a Cash App debit card plus a money app that helps them save, invest, and earn an allowance with a parent or guardian’s permission.

Greenlight's debit card for kids empowers parents to teach trade-off decisions, money management, and the power of saving and investing – in one app experience

With these technicalities out of the way, let’s dig into the signs that your kid is ready for a debit card: Kids can start showing financial curiosity as young as 4 or 5 years old.

July 15, 2025 - Minimum age: None Monthly fee: ... (Max, Infinity and Family Shield plans), up to 6% per year on savings ... The BusyKid Visa Prepaid Debit Card is an excellent resource to help children develop financial literacy ...

Minors under 18 must open an account at a Wells Fargo branch. Find a convenient Wells Fargo location. Refer to the Kids, Teens, or Students sections above for age-specific ID requirements on what you’ll need to open an account for your child. Can I set up a joint/UTMA/UGMA/Minor by account ...