Top Cards For Under 18s

Cards For Under 18s

These days, if you have kids under 18, then a card might be your best alternative to cash. There are two main alternatives – prepaid cards or debit cards that come with children’s bank accounts. This guide takes through the advantages and disadvantages of each so you can choose which one works for you!

Why should I get a card for my child?

The reason cash is not as popular anymore in the United Kingdom, and most likely where you live too, is because it’s a hassle. With all of these cards out there that can be used for purchases, what difference does carrying paper money make?

Having a card is essential. You can’t live without it now!

Giving a child a card instead of cash can help them (and you) monitor their spending, as well as teach them about how money and banking work in the real world. However, when giving your little one that first debit or credit card, there are some things to keep in mind. For example:

Children need to know what they’re signing up for; make sure they understand any fees associated with using the card before handing it over! – Credit cards often come with higher interest rates than other types of loans because if an individual misses’ payments on their account, then banks have more risk involved; be sure this is something your kid understands too!

An excellent option for this is the Go Henry Card which you can read more about a family’s experience in their review.

You know what they say about cash – it can always be stolen. But with a card, you’re not only more likely to get your lost money back if something were to happen but also have the peace of mind that comes from having anything you purchase charged automatically as soon as an item is scanned at checkout! Plus, there’s no risk of being mugged for them and then losing all those hard-earned dollars on top.

The cards available for kids

If you’re looking for a way to teach your child about the value of money, then getting them their very own debit card can be an excellent first step.

Suppose you don’t want that level of responsibility but still think kids should learn how e-commerce works and why they need protection from fraud while shopping online. In that case, one option is giving them an allowance in cash with restrictions placed on it through strict parental supervision.

You have a choice between two types of cards when opening an account for your child. One is the prepaid card, which you load up with funds before using and can’t overdraft if they happen to lose track of their money!

The other option is the debit card that goes along with accounts at children’s banks – this one has more flexibility and comes loaded down with fees from day 1. Think about what kind of parent you are so we know which type would be best for you!

The main decision point in deciding whether to open a bank account for your kid starts by asking yourself: What kind of parent am I? Am I someone who wants my kids’ cash tracked closely, like on some pre-loaded credit.

As a parent, you’ll be glad that your child will not spend more money than what’s on the card with both of these options. Neither option allows an overdraft facility, so there is no need to worry about them racking up monstrous bills!

Prepaid cards and bank accounts for kids can be better than others, depending on what you want. Prepaid cards and bank accounts for kids are quite different, but they each have the features that make them more preferable depending on what you’re looking for.

Prepaid cards for kids

Prepaid cards are a great way to keep your finances safe and secure. You load cash onto one. Then it can be used in shops just like credit or debit card! Payments will take place through chip and PIN or contactless (the maximum spend is £30, but you’ll also have the option of setting spending limits).

You won’t have to worry about your child going over their limits with a pay-as-you-go approach.

If you have a child getting their first prepaid card, make sure they know the rules. You can open an account with your name for them and request one of the cards to be in their name too!

They will need someone over 18 years old at home if they want more than one card, but each adult is allowed four total so, there’s plenty out there for everyone who wants one

The Rooster and GoHenry app is a fantastic way for parents to keep track of what’s going on in their children’s lives. Any child can activate the card at eight years old, so it’ll always feel like they’re getting something special.

Parents get notified when messages are sent or received, making sure there aren’t any surprises before bedtime!

Downloading this free app will allow you as a parent/guardian instant access into your kid’s life while away from home…no more wondering if he got that homework assignment finished without actually being able to see him do it (sorry, mom)! And who doesn’t want peace?

Nowadays, prepaid cards have become more popular because they are much cheaper than credit or debit cards. They also allow you to keep track of your spending with a lot less hassle and stress on your budget.

Children’s bank accounts

This account is like an ‘adult’ bank account for your child. It doesn’t have any fees or charges, but it does allow them to transfer money and set up direct debits!

Since kids are at the age where they can’t keep money in their piggy bank, these kinds of accounts help them avoid getting into trouble with impulse buying.

However, unlike prepaid cards where a parent has to apply for one in their name (although it is entirely possible that the child can do this themselves, your children must first have an account if they want any money.

Parents can open an account for their children aged 11 to 17 (in some cases, the child will be able to join at age 16), and in certain circumstances, over-16s might also apply.

Young people should have a savings goal before they start saving, too – your money must be invested wisely, so you don’t end up with things like payday loans or gambling debts!

The bank offers a debit card or cash card. The former will allow your child to withdraw money from ATMs and use it for everyday purchases made with ATM-friendly credit/debit cards, but not spend any of their hard-earned savings online or in shops.


As you can see, there are some great options for kids in helping them understand how to pay for this using electronic payment methods.

Much has changed since kids put their money in piggy banks, and cash is used less and less these days, so it’s a great idea to teach them how to manage their money better as a parent.

Author Jesica Putri

Global Internet Marketing Network, Share internet marketing untuk perusahaan UMKM, Official Editor di Klik Mania dan"


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