how to get a debit card at 14

Choose between a Lloyds Bank Visa debit card with contactless functionality to pay for Telephone Banking, in branch, and also get free Mobile Alerts. Step allows teens to open fee-free bank accounts and get a secured Step Card with the support of an adult sponsor. Our under 18's bank account with contactless debit card · What you'll get · You can apply for a kids and teen account online · Get ready to apply · All okay? You.

How to get a debit card at 14 -

Best Prepaid Debit Cards for Teenagers in 2021

A prepaid debit card is an excellent way to teach your children how to manage money.

Kids as young as 12 can get a card in their own name, funded by you – or even by their own part-time job – then spend within certain limits determined by you.

It’s a valuable tool to teach your children financial responsibility.

Best Prepaid Debit Cards for Teenagers

For the best prepaid debit cards for teenagers, we'd recommend:

  • American ExpressBluebird: Best for easy reloads and ATM access
  • TD Go Prepaid Card: Best for big bank familiarity
  • FamZoo: Best for handling allowances 

How we picked

We've analyzed more than 20 prepaid card options (available nationwide) to narrow down the best prepaid debit cards for teenagers that we’d recommend.

The key factors considered were:

  • Fees
  • Convenience of reloads
  • ATM access
  • Parental controls

American Express Bluebird: Best for reloads and ATM access

Bluebird by American Express is a prepaid account that isn’t specifically for teenagers, but it works perfectly for them nonetheless.

When you sign up for the Bluebird program, you can give up to four debit cards to anyone you choose.

Not only does the card force your child to learn how to spend money using a debit card, but you can also use SetAside Accounts so they can put money away for future spending needs, like saving for an upcoming vacation or the purchase of a car.

The account comes complete with the Bluebird Mobile App that accepts mobile check deposits. You also have standard AMEX benefits, like purchase protection, fraud protection, customer service, roadside assistance, emergency assistance, and more.

American Express Bluebird Details

Card info
Minimum age13 and older, but an adult must be the primary account holder
Set up costNo activation fee, $0 to set up online, $5 to set up at retail locations
Monthly fee$0
Reload/deposit feesNo fee for direct deposit, cash or debit card at Walmart, online with a debit card, or Mobile Check Capture by Indigo Money in 10 Days, but 1% or 5% of check amount ($5 minimum) for Money in Minutes
ATM feesNo fee at 33,000 MoneyPass Network locations, otherwise $2.50 plus any fee charged by ATM owner
Other withdrawal feesCash Pickup Powered by Ria (at 4,500 Walmart stores), $3 up to $500, $6 for $500.01 to $1,000, and $9 for $1,000 up to $2,900 (tax funds only)
Transaction fees$0 for Bill Pay, $0 for Bluebird check transactions; $0 for sending money between Bluebird accounts, otherwise $4 up to $50 transferred, $8 for $50.01 to $1,000, $16 for $1,000.01 to $2,500
Reload limitsSet by parents
Card limitsSet by parents, up to $5,000 for checks and $750 per day for ATM withdrawals
Parental alertsYes

TD Go Card: Best for big-bank familiarity

The TD Go Card is a Visa card that can be used anywhere Visa is accepted.

As a parent, you have the ability to monitor your child’s spending online, and you can even set up email or text alerts to follow the activity on the fly.

The card can easily be reloaded any time, either online or using your smartphone. It also comes with Apple Pay.

The TD Go Card does charge a fee of $1 per reload, so you may want to keep that activity to a minimum.

But, there’s no capacity to reload with cash even by depositing it into a TD Bank ATM. Funding can be provided only through a TD Bank debit or credit card.

TD Go Card Details

Card info
Minimum age13 and older, but an adult must be the primary account holder; you must also be a TD Bank customer with either a checking account or a credit card
Set up cost$4.95 card purchase
Monthly fee$0
Reload/deposit fees$1 per reload
ATM feesNo fee at more than 1,200 TD Bank ATM locations, otherwise $3 plus any fee charged by the ATM owner
Other withdrawal feesNone
Transaction feesNone
Reload limitsUp to $500 per day, with a maximum card balance of $2,000; can reload by debit or credit card, or fee-free by direct deposit of payroll or government benefits checks
Card limitsSet by parents up to $2,000 per day, but ATM withdrawals are limited to $60 per week
Parental alertsYes

FamZoo: Best for managing allowances

FamZoo describes itself as a virtual family bank designed to help teach your kids good money habits.

It provides private online family banking in which you act as the banker, and your kids are the customers.

It works based on a prepaid card with each child having separate access to their own accounts. It’s a debit MasterCard that can be used anywhere MasterCard is accepted.

You can even set up allowance payments or chore payments as compensation for assigned work your children do around the home.

The idea is to teach your child the value of work and the concept of earning money. You can even set up penalty fees if assigned chores are not completed.

There are no setup fees. A flat monthly fee – which can be reduced with upfront payments – covers your full participation. The fee covers your entire family of up to four members.

FamZoo Prepaid Card Details

Card info
Minimum age12 and older can get a card in their own name, under 12 can get a card under their parent’s name
Set up costNone
Monthly fee$5.99, but drops to $4.33 per month if you pay $25.99 in advance for six months, $3.33 per month if you pay $39.99 in advance for 12 months, or $2.50 per month if you pay $59.99 in advance for 24 months; the fee covers a family of four members, with another $2 flat fee (not monthly) for each additional family member
Reload/deposit feesNo fee for direct deposit from payroll checks; you can also use bank transfer with no fee charged by FamZoo though your own bank may have a fee of up to $3; $.95 if you transfer funds from your bank using PopMoney; $4 - $6 per reload at a participating retailer using MasterCard rePower, GreenDot @ the Register or GreenDot MoneyPak
ATM feesNo fee at 33,000 MoneyPass Network locations; no fee to FamZoo for out-of-network ATM usage, but ATM network owner may charge a fee
Other withdrawal feesN/A
Transaction feesNone
Reload limitsUp to 99 reloads per day, not to exceed $2,500 per day – card balance cannot exceed $5,000
Card limits$5,000 per day on purchases; $510 per day maximum ATM withdrawals
Parental alertsYes

Why Get A Prepaid Card for Your Child?

In today’s economy, it’s become far more common to make everyday purchases using a debit or credit card rather than cash.

This is especially true of online purchases.

A prepaid debit card can give your teenager a taste of financial freedom while learning how to better manage money.

The best part:

While they’re learning, they’ll still be under your supervision.

By helping them to get comfortable with the proper use of a debit card, and the spending limits it imposes, you’ll be preparing them for future financial responsibility.

You can even use a prepaid card for common activities, like paying your kids allowances or paying bonuses or other incentives for a job well done.

That can include good work in school, athletic accomplishment, or special tasks completed at home for the family.

Getting a Prepaid Debit Card for Teenagers

Since a child is a minor, he or she will not be able to have a financial account in their own name until they reach the age of majority in your state.

But until that happens, they can have a debit card issued in their own name but connected to an account you control.

This serves two purposes:

Parental control

First, it gives you ultimate control over the account.

That means:

You can decide how much money to load on the card and even set spending limits.

Spending ability

Second, it enables your child to begin making purchases using “plastic”, which is the most common means of exchange today.

The earlier in life they become comfortable with that process, the better prepared they’ll be for the financial challenges of adulthood.

Fund reloads

The reload process on prepaid debit cards varies somewhat from one card to another.

Those issued by banks typically will require you to reload the cards with transfers from a bank account you hold with the institution that issues the debit card.

But there are all kinds of additional options.

One common one is through direct deposit. You can allocate a portion of your own paycheck toward prepaid debit cards for your teenagers.

Or, if your teenager holds a job, he or she can have their paycheck direct deposited onto the card.

Still, other cards enable you to make transfers from external banks or even person-to-person transfers.

What to Look for in a Prepaid Card for Children

Control over the account is a major consideration for parents.

Ability to set card limits

When a teenager or child first gets a prepaid debit card, they’ll need to learn quickly that it isn’t a source of magic money.

That is, you can set spending limits that they’ll be forced to work within.

Any card you select should give you the ability to set those limits, as well as to monitor the activity.

You should receive email or text alerts each time the card is used.

That will show you exactly how your child is spending the money you’ve allocated. You should also have the option to lock or unlock the card, either because the card is lost or stolen, or because your teenager is not using the card responsibly.

Card acceptance

You’ll also want to be certain the card has universal application.

It should be eligible for use for online and point-of-sale purchases, as well as for cash withdrawals at ATM machines.


It should also go without saying that the fees need to be reasonable. You certainly don’t want to find yourself paying the equivalent of $10 per month in fees for what amounts to about $100 in spending activity.

To that end, some prepaid debit cards charge a flat fee, while others work with multiple fees.

That may include reload fees, and fees for certain transactions, like cash withdrawals.


  • Gives your teenager an opportunity to begin learning financial responsibility.
  • That education takes place with you in full control over the account.
  • A prepaid debit card gives your child the ability to take part in transactions wherever a money card may be required.
  • There’s less concern about theft or the loss of the card than there would be with cash, since a debit card comes with built-in protections.
  • A prepaid debit card will give your child access to the benefits of banking, without having final control over a bank account.
  • Frequent use of a prepaid debit card in the teen years will have your child fully prepared for finances well in advance of reaching adulthood.


  • Prepaid debit cards come with a variety of fees, and some can be prohibitively expensive.
  • Your child may not be quite ready for a debit card; the “right age” is different for each child.
  • Even if you set spending limits, it’s possible your child can make poor spending decisions within those limits.


If you haven’t gotten a prepaid debit card for your teenager you’re missing out on a major opportunity to teach him or her financial responsibility.

Kids don’t learn about finances in school, so it’s up to parents to teach them. And there’s no better teacher than experience.

You can give them that experience by providing them with their own prepaid debit card.

Consider one of the cards described above and choose one to sign up for today.

It’s the kind of thing that’s best done before they go off to college.

Continue Reading


7 Signs That Your Child Is Ready For A Debit Card

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As your teen grows his or her financial independence through part-time jobs, you will naturally begin to wonder when the right time will be to get your child a spending card of his or her own. Hopefully, you realize teenagers are too young for actual credit cards, so you are wondering about a debit card.

When is the Right Time to Get Your Teenager a Debit Card of Their Own?

Before working with a bank or credit union to get your teen a debit card, make sure your teen:

  • Has reliable income
  • Has a habit of regular savings deposits
  • Does not lose his or her wallet frequently
  • Stays in regular communication with you about their spending

Here is the actual checklist to complete before approaching a bank or credit union for a debit card:

✅ Your teen has a reliable source of income (e.g., part-time job, regular allowance, chores for neighbors)

✅ Your teen has regularly deposited a portion of his/her income into savings for the past six months or more

✅ Your teen has a checking account

✅ Your teen has carried his or her wallet around regularly without losing it for at least the past six months

✅ Your teen has a written spending plan in place and uses it regularly

✅ Your teen reports his or her spending to you at least weekly

✅ Your teen is ready for limited independence (driving, going to the mall/store/restaurant with friends, etc.)

Once you can check EVERY box on this list, you can head to your bank or credit union and request, with confidence, that they issue your teen a debit card. In most cases, teens are between 16 and 18 years old before they are ready to carry a debit card responsibly.

Otherwise, read on to learn how to help your child prepare to become a debit cardholder.

Risks of a Debit Card

Many parents fail to consider the consequences of getting their unprepared teen child a debit card of his or her own. In most instances, short-term risks are relatively minimal, given the likely low balance of the child’s account. Potential long-term problems are rarely given a thought.

In the short run, if your child is not ready for the responsibility of carrying a debit card, he or she may end up having to pay replacement card fees or, worse, may become a victim of fraud should someone find the lost debit card and use it fraudulently.

Other short-term challenges include the child’s undeveloped ability to say “no” to any friends’ requests. Friends can quickly empty your child’s account by asking your innocent and kind-hearted son or daughter to buy them lunch, “share the wealth,” or treat them to vending machine treats and snacks.

Long-term consequences of providing your unprepared teen with a debit card can include tendencies toward negative beliefs about money, unhealthy concepts of debt, and an aversion to managing his or her personal finances at all.

Reliable Source of Income

Without regular income from a part-time job, allowance, or neighborhood chores, your child will quickly tire of the debit card novelty behind the school ID card. Forgetting about it may not be an issue except that things forgotten often become things lost or things tossed away. If they are struggling to find a job locally, there are online jobs for teens available that can help them earn money from home.

A Habit of Savings

If your child begins using a debit card before developing the habit of saving a portion of everything he or she earns, you should expect the child to develop a natural love for spending and a distaste for saving. Saving will immediately become a nuisance that prevents him or her from spending.

If, on the other hand, you help him or her develop the savings habit first to appreciate its importance by tracking savings balances and charts, the habit is more likely to overcome the preference to “spending 100% of my money.”

Checking Account

Although there are many prepaid debit cards you can purchase at just about any retail store, these all come with fees and high penalties. They also almost universally lack the same immediate protection that comes with a debit card tied to an FDIC- or NCUA-insured checking account.

Having a checking account first means that any fraudulent charges on the debit card can be reversed if reported promptly, with a maximum loss of $50.

Most banks and credit unions are resistant to offering teenagers their own checking account and debit cards until they are 16 or even 18 years old. If this is your experience, build a relationship with the branch manager so that you can convince him or her that your child is showing every sign of responsibility expected of a new account holder at the branch.

Responsibly Carrying a Wallet

There are a few teens who will be so careful with their wallets and purses that they will keep each safe and still be using them well into their young adulthood. Other teens (I can confidently say most teens) do not fit this description. Wallets given to most teens are lucky to last six months before being lost, sent through the washer and dryer, or lent to a friend and never returned.

Monitor your child for six months while he or she learns to carry a school ID card without losing it.

Spending Plan

Possessing a debit card without a spending plan is a recipe for spending every penny on the first eye-catching item that comes along. Help your teen to build a spending plan that works for his or her goals and priorities.

Whether your teen lists every expected expense or breaks his or her income down by percentage into some general spending and savings behaviors, having a plan in place will help build a healthy relationship with money, spending, and saving.

Spending Reports

Requiring your teen to report every penny of his or her spending every week is not an invasion of privacy, as your teen will inevitably argue.

The goal is not to “spy” on your child through his or her bank account. It’s to help your teen develop critical thinking skills and to explain why he or she felt it was more important to spend $10 on specialty sodas in one afternoon than on the larger-ticket item he or she has been wanted for the past twelve months.

Growing Independence

If your child is not driving yet or going to retail stores on their  own yet, there may be no compelling reason to have a debit card. Debit cards can be tools to help teens responsibly build upon their growing independence gained with drivers licenses, metro passes, and hanging out with friends.

Giving a teen a debit card just because he or she wants and requests one does no favors to your child. Be sure you are assisting your teen along the road to young adulthood by helping them develop the responsibility and independence skills required for and built by a debit card.

Related Questions

Can a 12-year old have a debit card?

Banks and credit unions have their own policies regarding the minimum age required of an account holder to be issued a debit card. Some financial institutions start at 16, while others can be persuaded by parents who can demonstrate their 14-year old is responsible enough and ready for a debit card.

What is the difference between a debit card and a prepaid debit card?

A standard debit card is tied to deposited funds in a bank or credit union checking account. A prepaid debit card must be loaded or charged with funds at a store or online. Prepaid debit cards are often described as “stored-value” cards because their value is within the card, not within a financial institution.

What are you doing with your kids to teach them about money and personal finance? Have any tips for parents on what’s worked for you? Let us know in the comments below.

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7 Signs That Your Child Is Ready For A Debit Card

The best debit cards for kids for 2021

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The best debit card for kids aims to teach your child how to manage their money. When searching for a card, you have two options: a prepaid debit card or a debit card attached to a checking account. Kids’ prepaid cards typically charge a monthly fee, but you’ll gain access to chores and allowance features and the age requirement is lower. On the other hand, debit cards that come with a kids’ checking account typically don’t charge a fee, but your kid may need to be 13 to 17 years old and its financial education tools come in the form of quizzes or are non-existent.

This article was reviewed by Marguerita Cheng, a member of the Finder Editorial Review Board and award-winning advocate for ethical financial planning for over 20 years.

We researched over 35 cards to bring you the best debit cards for your child based on specific factors.

1. Greenlight: Best all-around kids account

Greenlight logo

Go to site
on Greenlight's secure website

The Greenlight debit card is the best debit card for parental controls because it lets you set spending limits for specific retailers. Greenlight also stands out because its maximum card balance and transfer limit are higher than most cards for kids.

Plus, it's the only prepaid debit card for kids that earns a 1% or 2% savings boost per year on balances below $5,000, depending on your plan.

  • Pros
    • Funds are split between two categories. Funds in the Spend Anywhere category can be used at any store your child wishes. The other category has parental control features that allow you to designate money for specific stores.
    • Saving and investing tools. Set up a savings account that has parent-paid interest or earns a savings boost of 1% or 2% on balances up to $5,000, depending on your plan. Your child can also invest money in real-time.
    • Minimal fees. You won't pay any transaction, reload or withdrawal fees with Greenlight, although you may pay ATM operator fees. If you lose your card, Greenlight gives you your first replacement for free, and any after that is $3.50.
    • Monthly fee. Although you'll pay at least $4.99 a month for Greenlight, this is a flat fee that includes cards for up to five kids.
    • Limited direct deposit. If your teen is old enough to have a job, they can get direct deposit on their card. But they can't receive payments from Apple Cash, PayPal, Venmo or the US government.
  • Annual or monthly fee$4.99 per month
    ATM withdrawal$0
    Card replacement fee$3.50
    Age requirementsAny age
    Card typeDebit
    Card networkMastercard
Maintenance Fees$4.99 monthly
Card purchase fee$0
Age requirementsAny age
Go to site
on Greenlight's secure website

2. Gohenry: Best for personalized cards

Gohenry logo

Go to site
on Gohenry's secure website

The Gohenry debit card is the best personalized card for kids from age 6 to 18 because it lets your children choose their own personalized card from a set of designs Gohenry provides. It also stands out for its Money Missions tool, which turns financial literacy into an interactive game your kid can enjoy. Other perks include a 30-day free trial offer and overdraft protection, which automatically declines your child's purchases when they exceed their balance.
  • Pros
    • Free trial. Give Gohenry a test spin with a 30-day free trial.
    • Parental controls. Create savings goals and custom tasks for your kid to work toward, and set weekly or one-off spending limits.
    • Money Missions. Gohenry's app includes interactive financial literacy quizzes designed for young minds. The quizzes even get more challenging as your child gets older.
    • Monthly fee adds up. Unlike other prepaid cards that charge a flat monthly fee for the whole family, you'll pay $3.99 for each Gohenry card, which can add up if you have more than one kid.
    • One funding option. As of right now, the only way to add funds to Gohenry is with a connected debit card. You can't deposit cash, e-deposit checks or do an ACH transfer.
    • Limited loads per day. You can only add funds up to three times a day for a maximum of $500 a day across all subaccounts, which may require you to plan ahead if you have multiple cards to load.
  • Annual or monthly fee$3.99 per month
    ATM withdrawal$1.50
    Card replacement fee$0
    Age requirements6 to 18 years old
    Card typeDebit
    Card networkMastercard
    Special offerAccess all of Gohenry’s features without paying the monthly fee the first month
Maintenance Fees$3.99 monthly
Card purchase fee$0
Age requirements6 to 18 years old
Go to site
on Gohenry's secure website

3. Chase First Banking: Best for financial literacy for no fee

Chase First Banking℠ logo

Go to site
on Chase's secure website

Chase First Banking stands out as its one of the only checking accounts for kids that comes with chores and allowance features and allows kids as young as 6 to get the account. Most checking accounts require kids to be at least 13 to 17 years old. Plus, because this account is powered by Greenlight, you will get some of the basic features from Greenlight but with no monthly fee requirement. But parents will need to be Chase customers to open this kids’ account. If you don’t currently bank with Chase, you can open an account like Chase Total Checkingto get started.
  • Pros
    • No monthly fee. Unlike many other kid-centric bank accounts, there's no monthly fee for Chase First Banking.
    • Built-in chores and allowances. When you open a Chase First Banking account, you can use Chase's mobile app to assign tasks to your child or automate their allowance.
    • Parents are in control. You can restrict your kid's spending, limit their ATM access and get spending alerts. Plus, your child can send you real-time requests for cash that you can instantly transfer to their account for free.
    • Must be an existing Chase customer. You can't open a Chase First Banking account unless you already bank with Chase.
    • No support for multiple parents. You can only link one parent's account unless you share your login credentials with your partner.
    • Missing features. This account doesn't support digital wallets, direct deposits, bank-to-bank transfers or mobile check deposits.
  • APYN/A
    Fee$0 per month
    ATM transaction fee$0
    Foreign transaction fee3%
Fee$0 per month
Age requirements6 to 17 years old
Go to site
on Chase's secure website

4. Copper: Best for teens

Copper logo

Go to site
on Copper's secure website

The Copper debit card is best for teens because it gives them more financial independence compared to other kids' debit cards. While it doesn't have chores capabilities, one of the biggest perks is that it comes with financial quizzes and its philosophy is to provide kids and parents with the tools needed for the entire family to grow together financially. Parents can do this by utilizing Cheat Codes, which are videos they can watch to help guide their teen to financial independence.
  • Pros
    • No fees. There's no monthly or overdraft fee and no minimum balance requirement with Copper. Your kid can also use the Copper debit card at Allpoint and Moneypass ATMs without paying a fee.
    • Improves financial literacy. The Copper app features financial quizzes and other resources to help your teen be more mindful about their saving and spending habits. Kids can even earn extra cash for completing some of the quizzes.
    • Integrated savings. Copper lets your kid create multiple buckets to save up for long-term goals. Your teen can also set up automatic deposits into their savings buckets and invite friends and family to contribute funds.
    • Negligible interest. Saved money only earns 0.001% APY, which is virtually nothing.
    • Cash deposit fee. Copper doesn't charge any fees when your kid deposits cash at participating retailers, but some businesses may charge a fee of up to $4.95.
  • Annual or monthly fee$0 per month
    ATM withdrawal$0
    Card replacement fee$0
    Age requirements13+
    Card typeDebit
    Card networkMastercard
Maintenance Fees$0 monthly
Card purchase fee$0
Age requirements13+
Go to site
on Copper's secure website

5. BusyKid: Best for investing

BusyKid logo

Go to site
on BusyKid's secure website

The BusyKid Visa Prepaid Spend Debit card is best for parents who are looking beyond chores and allowances. Busykid offers a way for your kid to save, donate, share, spend or invest any earned allowances. Although Greenlight also offers investing, you'll need to upgrade to its $7.98/month plan to use it. Meanwhile, Busykid is cheaper and includes its investing feature at no extra cost. Other standout features include allowance automations and excellent customer service.
  • Pros
    • Affordable. While most debit cards for kids cost about $50 a year, BusyKid only costs $19.99. This annual fee includes one free prepaid card.
    • Money management options. Your kids have the option to save their money with parent-paid interest, donate it to any of the 40+ charities available, use the app to buy stocks or use their Busykid spend card to make purchases.
    • Parental permissions. Your child has the freedom to move money between the spend, save and share sections in their BusyKid account themselves. But they'll need your permission to move money to their Spend card.
    • Cost per card. The BusyKid family subscription comes with one free spend card, but you'll pay $7.99 for each additional card you need.
    • Limited parental controls. Unlike the competition, you have no control over how your child spends their money once it hits their BusyKid Spend card, which means it's ideal for parents who have already established trust with their kid.
  • Annual or monthly fee$1.67 per month ($19.99 annually) includes free card; $0.67 per month ($7.99 annually) for additional cards
    Additional Card Fee$7.99 per year
    Card replacement fee$5
    Age requirementsAny age
    Card typeDebit
    Card networkVisa
Maintenance Fees$1.67 monthly
Card purchase fee$0
Age requirementsAny age
Go to site
on BusyKid's secure website

6. Current: Best for savings round-ups

Current teen banking logo

Go to site
on Current's secure website

The Current Teen Debit Card is best for savings because it includes an automatic round-up setting that can help your teen reach their savings goals even faster every time they make a purchase. Plus, they can organize their savings by creating different savings goals. Another standout perk is that the chores feature it comes with can teach your kid to negotiate by letting them propose a different amount of compensation for certain chores.
  • Pros
    • Savings round-ups. Purchases can be rounded up to the nearest dollar, and the difference will be deposited into the savings goal of your choice.
    • Parental controls. Adults on the account can set spending limits, block ATM access, disable the card and select which stores their kid can shop at.
    • Separate funding sources. Divorced parents or parents who like to keep their finances separate can link individual funding sources to this account.
    • Annual fee. This account requires a $36 annual fee, which is $3 broken down into 12 months. This is pretty average, but you'll find cheaper options out there as well.
    • Overseas fees. If your kid uses this card outside of the US, they'll pay a 3% transaction fee and a $3 ATM fee on top of what the ATM owner charges.
  • APYN/A
    Fee$36 per year
    ATM transaction fee$0
    Foreign transaction fee3%
    Overdraft fee$0
    Paper statement fee$2
Fee$36 per year
Age requirementsAny age
Go to site
on Current's secure website

7. Jassby: Best for rewards

Jassby logo

Go to site
on Jassby's secure website

The Jassby virtual debit card stands out for its rewards and intuitive money-management app. Jassby offers a financial literacy score feature that rewards your child the more they use their account to save. Your child will earn discounts and products they can redeem through its in-app marketplace that includes more than 20,000 products from retailers including Apple, Starbucks and Nintendo. It's also a great option for kids who don't need a physical debit card.
  • Pros
    • No monthly fee. Unlike other kids debit cards, you don't have to worry paying a fee every month.
    • Parental features. The adult on the account can award one-time bonuses, freeze their kid's debit card and set spending limits in the mobile app.
    • Jassby Mall. The app has a built-in Jassby Mall where your kid can buy products from popular retailers like Starbucks, Apple and Nintendo.
    • No physical card. Jassby is a virtual debit card only, which could be a disadvantage if your kid shops at a place that doesn't support mobile wallet and contactless payments.
Fee$0 per month
Age requirementsAny age
Go to site
on Jassby's secure website

8. FamZoo: Best for traveling abroad

FamZoo logo

Go to site
on FamZoo's secure website

The FamZoo prepaid card is best for traveling abroad because you won't have to worry about your kid paying foreign transaction fees on international purchases while you're on vacation or on a school trip. There's also no fees for currency conversions, international ATM withdrawals or balance inquiries. Other perks include a free 30-day trial and the ability to set up mock stocks so your kid can practice investing.
  • Pros
    • Real-time requests. Your kids can request extra funds in real-time, which is helpful if they're out with friends and need extra cash on the spot.
    • Focus on saving, spending and giving. Your child's account is split into three subaccounts for saving, spending and giving to encourage them to develop good money management habits.
    • No foreign transaction fees. FamZoo Kids traveling abroad won't pay any foreign transaction fees on international purchases.
    • Monthly fee. Famzoo costs $5.99 a month - and there's no way to waive it. But your first 30 days are free, so you can try before you buy.
    • Fee for 5+ cards. If you need more than four FamZoo cards, you'll pay a $2 shipping fee for each one over this limit.
    • Limited cash deposits. The only way to add cash to your Famzoo card is at a GreenDot or Mastercard rePower location, both of which cost money.
  • Annual or monthly fee$5.99 per month
    Additional Card Fee$2
    ATM withdrawal$0
    Card replacement fee$0
    Age requirementsAny age
    Card typeDebit
    Card networkMastercard
    Special offerTry FamZoo for one month free
Maintenance Fees$5.99 monthly
Card purchase fee$2
Age requirementsAny age
Go to site
on FamZoo's secure website

9. Capital One Money: Best for ATM access

Capital One Money logo

Read review

The Capital One Money accountearns interest, lacks fees and is open to children as young as 8. And unlike other banks that require parents to have personal checking accounts with the same bank before they can open a kids’ account, Capital One doesn’t have this requirement. Plus, Capital One doesn’t charge international transaction fees on this account. Although the Famzoo debit card doesn’t charge foreign transaction fees either, you’ll pay $4.99 a month to use it whereas Capital One Money is free to use.
  • Pros
    • No existing account required. Parents don't need a separate Capital One account to open this account for their kid.
    • Earns interest. This account earns 0.1% APY, which isn't the best rate we've seen, but it's still more than double the national average.
    • Other features. There's no foreign transaction fee with this account, it supports ATM deposits and it's open to kids as young as 8.
    • No check-writing. This account doesn't offer any check-writing options for teens.
    • Lackluster resources.

Venmo prototypes a debit card for teenagers

Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage children a debit card connected to their account. That could potentially let parents set spending notifications and limits while giving kids more flexibility in urgent situations than a few dollars stuffed in a pocket.

Delving into children’s banking could establish a new reason for adults to sign up for Venmo, get them saving more in Venmo debit accounts where the company can earn interest on the cash and drive purchase frequency that racks up interchange fees for Venmo’s owner PayPal.

But Venmo is arriving late to the teen debit card market. Startups like Greenlight and Step let parents manage teen spending on dedicated debit cards. More companies like Kard and neo banking giant Revolut have announced plans to launch their own versions. And Venmo’s prototype uses very similar terminology to that of Current, a frontrunner in the children’s banking space with over 500,000 accounts that raised a $20 million Series B late last year.

The first signs of Venmo’s debit card were spotted by reverse engineering specialist Jane Manchun Wong, who has provided slews of accurate tips to TechCrunch in the past. Hidden in Venmo’s Android app is code revealing a “delegate card” feature, designed to let users create a debit card that’s connected to their account but has limited privileges.

A screenshot generated from hidden code in Venmo’s app, via Jane Manchun Wong

A set-up screen Wong was able to generate from the code shows the option to “Enter your teen’s info,” because “We’ll use this to set up the debit card.” It asks parents to enter their child’s name, birth date and “What does your teen call you?” That’s almost identical to the “What does [your child’s name] call you?” set-up screen for Current’s teen debit card.

When TechCrunch asked about the teen debit feature and when it might launch, a Venmo spokesperson gave a cagey response that implies it’s indeed internally testing the option, writing “Venmo is constantly working to identify ways to refine and enhance the user experience. We frequently test product offerings to understand the value it could have for our users, and I don’t have anything further to share right now.”

Typically, the tech company product development flow sees them come up with ideas, mock them up, prototype them in their real apps as internal-only features, test them externally with small percentages of real users, then launch them officially if feedback and data is positive throughout. It’s unclear when Venmo might launch teen debit cards, though the product could always be scrapped. It’d need to move fast to beat Revolut and Kard to market.

Current’s teen debit card

The launch would build upon the June 2018 launch of Venmo’s branded Mastercard debit card that’s monetized through interchange fees and interest on savings. It offers payment receipts with options to split charges with friends within Venmo, free withdrawls at MoneyPass ATMs, rewards and in-app features for reseting your PIN or disabling a stolen card. Venmo also plans to launch a credit card issued by Synchrony this year.

Venmo might look to equip its teen debit card with popular features from competitors, like automatic weekly allowance deposits, notifications of all purchases or the ability to block spending at certain merchants. It’s unclear if it will charge a fee like the $36 per year subscription for Current.

Current offers these features for parents who set up a teen debit card

Tech startups are increasingly pushing to offer a broad range of financial services where margins are high. It’s an easy way to earn cheap money at a time when unit economics are coming under scrutiny in the wake of the WeWork implosion. Investors are pinning their hopes on efficient financial services too, pouring $34 billion into fintech startups during 2019.

Venmo’s already become a popular way for younger people to split the bill for Uber rides or dinner. Bringing social banking to a teen demographic probably should have been its plan all along.


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Customer Reviews

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"Current is AWESOME: I love Current!!!! It's easy to use, very convenient and so much more exciting for my kids being able to use their own debit cards and make purchases... although I have full control 🤣 Thanks!!!"

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"Great for teenagers: I love using Current, it is great for teenagers. Easy to use and keep up with where your teenager is spending money. Easy to deposit money into the account for my teenage son."

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"Great banking all at your fingertips. I have a 13 year old daughter and LOVE the teen account advantage! She loves the mature and independent feel. Knowing she'll receive deposits have improved her attitude and chores. Less discipline required. Lol."

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Having access to basic banking products such as savings accounts and debit cards can help a young person get on the right path when it comes to their finances. Granted, someone in their early teens may not have a small fortune quite yet, but everybody starts somewhere, and having a bank account can encourage teens to save. So, if you’re in your early teens and you’re wondering how to get a debit card at 14, here’s what you need to know.

This article is also useful for parents and guardians of 14 year olds who are looking into opening up a bank account for their teenager.

Can a 14 Year Old Get a Debit Card?

Can a 14 Year Old Get a Debit Card

Yes, you can get a debit card when you’re 14. In fact, most banks will allow people to get debit cards starting at the age of 13, when they open a teenage bank account.

But here’s the catch…

In order to open up a bank account when you’re under 18 (whether it’s a savings account or a checking account with a debit card), you will need to make it a joint account with a parent or a legal guardian. For many fourteen-year-olds, it’s not a problem to get mom or dad to sign the joint account with them, especially since it’s just an account for spending money they’ve deposited and not an account that will allow them to make poor financial decisions and to get into debt. The worst that can happen when a teenager has a checking account is that they’ll spend their own savings and won’t have any money left, but they aren’t going to ruin their credit scores or rack up a huge debt, so it’s relatively harmless for a parent to sign up for a joint account with them. The parent ultimately has control over the account in these situations.

When It’s Hard To Get a Debit Card at 14 Years Old

Debit Card at 14 Years Old

Unfortunately, there are many teens who can’t trust their parents, and the purpose of the bank account is to keep their money and their savings safe from a parent who takes it from them. In cases like this, it’s just a tough situation, because the teenager needs a parent or legal guardian to open a joint account with them.

In cases like this, you may be able to open a joint account with somebody else that you trust, when you don’t trust your parent to stay out of your bank account, especially if they have a history of taking money from you or various addictions that cause them to be less trustworthy than you might hope.

It’s tough, but that’s a reality for many teens, and something they’ve grown up with and something they’ve learned to deal with, but it’s still a major inconvenience when it comes to things like this, because you’re trying to be responsible with your money and the bank is telling you that you need a joint account with your parent. You’re more responsible with money than your parent, yet you’re supposed to give them full access to your savings? It’s just not right.

If you have an older sibling that you trust or another family member, it may be worth looking into opening a joint bank account with them to ensure that your parents don’t have access to your money.

Just to be clear, we’re referring to the very specific situation where somebody doesn’t feel like they can trust their parents with money. Otherwise, you would just get your parent’s signature and open the account the normal way. Having said that, there could be other reasons that your parent doesn’t want you to have a bank account yet, and in those cases, we can’t advise you to go against their wishes by finding someone else to open the account with you – it could be a lot of trouble if your parents found out.

If you trust your parents to have access to your bank account, but they don’t want you to have one, it’s a good idea to talk them to like an adult, show them that you’re mature enough to have a bank account and that you want to start saving money and being responsible with it. If they’re opposed to a bank account, ask them why. Do your parents have their own bank accounts or are they against banks in general?

Whatever the case is, I wish you the best of luck as you navigate the world of personal finance. The answer to how to get a debit card at 14 years old is to get your parents, legal guardian, or someone you really trust to be a member on a joint account (they have to be an adult), and to share access to the account. This is why it’s really important that it’s someone you trust since they’ll have access to your money until you turn 18 and get a solo account.

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