13 Best Debit Cards for Kids & Teens to Become Money Savvy
What is a Debit Card for Kids?
Children can’t open their own bank account until they reach the age of majority in their state- often 18 years old.
1. Best Rated Overall: Greenlight
Greenlight provides parents control over where their kids can spend money by limiting the stores where their cards work.
2. Chase First Banking: Best Free Debit Card for Kids and Teens
Chase First BankingSM helps parents teach teens and kids about money by giving parents the control they want and kids the freedom they need to learn.
3. Best for Customer Service: goHenry
Each child will receive their own goHenry debit card which comes paired with parental controls you can set for your children.
4. Best Value: BusyKid
BusyKid is an award-winning, parent-approved app that educates kids about money. It’s a way to teach your children how to manage their allowance and learn important money lessons.
5. Best Free Debit Card for Teens: Axos Bank First Checking
This provides safeguards against teens getting carried away with the money held in their account.
6. Best for Financial Education: FamZoo
It works by having parents release money into their child’s account and then having the card work with a loaded balance. Money can be loaded onto the cards at any time.
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