These banking apps come with prepaid debit cards for teens that have parents control and allow you to fund money through transfers from existing checking accounts. Grown-ups can monitor, limit and pick specific locations where cards can get used.
Parent and teens can manage almost every part of the banking experience through a convenient mobile app or through the online desktop portal. Perfect for modern families who always find themselves on the go.
1. Best Free Banking App for Teens: Axos Bank First Checking
Need insight and oversight into your child’s spending and saving? You can set spend alerts and limits as well as specific locations all in your Chase Mobile® app.
2. Chase First Banking: Best Free Debit Card for Kids and Teens
Greenlight is the only debit card letting you choose the exact stores where kids can spend on the card.
3. Greenlight Card
Copper Banking was founded with the mission to help teens gain real world experience by giving them access to their money in a way that traditional banks aren’t able to do.
4. Best for Combined Teen Independence and Cost: Copper Card