Getting a debit card for a minor is an excellent way to teach them financial responsibility and money management early on. Whether you’re looking to help your child manage an allowance, save for a goal, or learn how to spend wisely, here’s a guide to getting a debit card for a minor. 1. Understand the Requirements Minors (under 18) cannot typically open a bank account or get a debit card independently due to legal restrictions. Instead, a parent or legal…
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Debit card for kids under 13
Debit Card for Kids Under 13: A Modern Approach to Financial Literacy Teaching kids about money management is an essential skill that will benefit them throughout their lives. With the increasing availability of debit cards specifically designed for children under 13, parents now have innovative tools to help their kids learn financial responsibility in a safe and controlled environment. One such option that stands out is the Revolut <18 account, designed for kids and teens. Let’s explore how it works,…