Debit card for a 12 year old

[~Divine~Wind~]

I know! Weirdly their child saving account pays much less than their child current account. And according to the blurb there's no limit on the balance.

Is this an instant access account?
Think the bairns might need to open up an acc, they wouldn't pay CGT either would they?

 

[bazzabear]

Yep. It's this one:

https://www.natwest.com/current-accounts/adapt_account.html

Account holder has to be between 11 and 18.

 

[CliffyG]

I got my boy a barclays account when he was 13. Can use it like any visa card. I just standing order him money every week. He can withdraw cash, use it online etc and has access to the barclays app to keep an eye on balance etc.

 

[SupraWez]

Revolut kids card, you can transfer money instantly from your account and you have full access to see what they are buying and get alerts when they spend. And its free!

This

 

[tlrBeta]

Check out Rooster Money if you want it linked to tasks, chores etc. I imagine they all do this now.

All these accounts charge a fee, so alternatively, a supplemental card as mentioned earlier isnt a bad idea.

 

[Em3bbs]

I might be on the wrong track, but I was pretty sure that you had to be 18 to have any form of debit card?

There's a great website called Google where you can check things like this you're not sure of before making a pointless post which confuses a thread subject.

https://www.google.com/search?q=how...i30j0i390l4.4655j1j7&sourceid=chrome&ie=UTF-8

 

[Bluecube]

You can open a bank account for a child over 12 with RBS/ NatWest. That’s what I did. No messing about with top up cards and their charges.

 

[GGizmo]

I got my boy a barclays account when he was 13. Can use it like any visa card. I just standing order him money every week. He can withdraw cash, use it online etc and has access to the barclays app to keep an eye on balance etc.

Times have changed. When I was a kid I got 50p a week from my Dad.

It is good that kids are getting used to electronic money. A big problem a lot of adults suffer is that we can easily over spend. Spending £10 via a card is easier than getting physical coins and notes out.

 

[£15]

My 16 and 14 Yr old boys have santander 123 kids accounts. Easy to open online. They're content with them.