The Top Choice Debit Cards for Kids and Teens

any steps you can take as a parent to promote financial literacy early can go a long way in shaping your kids’ futures.

Some have higher monthly fees. Others are free but charge ATM and card reload fees, and a handful of cards offer additional features above and beyond the competition.

Understanding your options before choosing which debit card to get your kid is essential that’s why we compiled a list of the best debit cards for kids, including a couple of options for teens.

What Debit Cards Can Teach Kids About Money

Young people can learn a lot about money by using a debit card. One skill that they will likely pick up above everything else is budgeting.

By giving your child a debit card, you can foster good spending habits by limiting how much money they can spend, essentially making it impossible for them to overspend.

One day, when they’re ready to get their first credit card, they’ll be better equipped to manage their spending as they’ve already developed good money habits.

Giving your kid a debit card and talking about money will teach them important money lessons.