How do checks and debit cards for teens and kids work?
How do I get a debit card at 13?
Can I apply for a debit card for my child?
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Debit Cards for Teens
Best bank for new teen account with debit card?
Don’t all normal transaction banking accounts come with a debit card? I think it’s standard for bank/eftpos cards to be visa/Mastercard debit cards
Westpac has a good interest rate for young people. Otherwise Up is an awesome app and has some great tools for enabling good savings habits.
More on reddit.comWhy do so many American teens not have debit cards or use Cash App?
Best debit card for teenager (US)
Hey gang, not sure if this is the best sub for this topic but I'm looking for an alternative option to my current set up with Chase. I have a Chase Premiere Checking account, and two kids checking accounts for my teens. My kids can access their individual accounts via Chase app on their phones, I can easily transfer money to/from those accounts, and they each have a debit card for their purchases.
Since I keep a balance below $15K in that main checking account, I gotta pay a $25/mo fee, which seems obscene to me. I don't want $15k of my liquid sitting in that account collecting minimal interest, so I'm looking to move elsewhere.
I know Venmo has teen accounts, Greenlight Financial I keep hearing about as well. I'll be looking into those. Having a physical debit card is not a deal breaker, but I do feel better knowing they having something on them in case their phone dies or gets lost.
Would love to hear what you guys use for your teens! I'm particularly looking for something that doesn't cost much to use while keeping a fairly low balance, and something app friendly and allows for easy transfers.