The Best Debit Cards for Kids of September 2022

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Kids’ debit cards are a great tool for teaching children or teenagers about how to be smart with money.

Below, you’ll find our top picks for kids’ debit cards. We’ve researched specific features and fees so that you can narrow down your options and choose the best debit card for you and your child.

Our top debit cards picks for kids

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Best debit card for strong parental monitoring features

Best debit card for a traditional banking experience

Best debit card for financial literacy education

Best debit cards for teens


Famzoo Prepaid Debit Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

$5.99 monthly service fee, $25.99 for six months, $39.99 for 12 months or $59.99 for 24 months

FamZoo Famzoo Prepaid Debit Card

Famzoo Prepaid Debit Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

$5.99 monthly service fee, $25.99 for six months, $39.99 for 12 months or $59.99 for 24 months


Fees

$5.99 monthly service fee, $25.99 for six months, $39.99 for 12 months or $59.99 for 24 months


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None

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Best kids’ debit card for strong parental monitoring features: BusyKid Spend Card

BusyKid BusyKid Spend Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

$3.99 monthly service fee or $38.99 annual fee

BusyKid BusyKid Spend Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

$3.99 monthly service fee or $38.99 annual fee


Fees

$3.99 monthly service fee or $38.99 annual fee


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None

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Chase Chase First Banking℠ Account

Chase First Banking℠ Account


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

$0

Chase Chase First Banking℠ Account

Chase First Banking℠ Account


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

$0


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

$0

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Best kids’ debit card for financial literacy education: GoHenry Card

GoHenry GoHenry Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

$3.99 to $6.99 monthly service fee

GoHenry GoHenry Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

$3.99 to $6.99 monthly service fee


Fees

$3.99 to $6.99 monthly service fee


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None

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Copper Copper Debit Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

No monthly service fees

Copper Copper Debit Card


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None


Fees

No monthly service fees


Fees

No monthly service fees


Annual Percentage Yield (APY)

None


Minimum Deposit Amount

None

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Comparing our top picks for best kids’ debit cards

FamZoo Prepaid Debit Card (jump to FamZoo card details »)

Why it stands out: The FamZoo debit card is a good option for families with more than one child. You can get up to four free debit cards with one subscription. At other institutions, you may have to get individual plans for each child.

It also may be worthwhile if you’re looking for a debit card that’s easy to use. Access FamZoo through your computer, Famzoo’s mobile app, or even via text message, so your child doesn’t need a smartphone to use and manage the card.

You also don’t need to link a bank account, which may be a requirement at other companies. Instead, FamZoo allows you to load cash onto your card at Green Dot locations. However, you may be charged a fee by participating retailers.

Monthly service fee: $5.99 monthly, $25.99 for six months, $39.99 for 12 months, OR $59.99 for 24 months

Look out for: FamZoo has multiple plan options, but the most affordable is the 2-year plan. You’ll prepay $59.99 for two years ($2.50 per month), which is a lower fee than with some of our other options. If you need more than four debit cards, there’s also a one-time $3 fee for each additional card. 

BusyKid Spend Card (jump to BusyKid card details »)

Why it stands out: BusyKid offers kids’ debit cards for children between the ages of 5 and 17. Parents and kids will manage the card through the company’s mobile app.

The BusyKid Spend Card has a lot of options for kids to take make financial decisions, but parents have to weigh in on the decision first.

For example, children will need to get approval before making a debit card purchase or donating to participating charities. Parents also have the option to lock money transfers between savings and spending categories to limit spending.

Monthly service fee: $3.99 monthly OR $38.99 annually

Look out for: To put money into the debit card, you’ll need to link an external bank account, debit card, or credit card. You won’t be able to deposit cash onto the BusyKid Spend card.

Chase First Banking (jump to Chase card details »)

Why it stands out: If you’re looking for a traditional brick-and-mortar bank experience, Chase is an excellent choice. Chase has the biggest branch network in the US — it has over 4,800 locations in 48 states. You’ll have access to over 16,000 free ATMs.

Chase First Banking has a debit card attached to a bank account. There are zero monthly services and zero overdraft fees. The debit card also has strong features that make it easy to use. Parents may set limits or alerts on how much a child can spend or withdraw, and kids have savings and spending tools to set individual goals.

Monthly service fee: None

Look out for: To open Chase First Banking, parents must already have a Chase checking account. The bank also charges out-of-network ATM fees if you don’t use a Chase ATM. 

GoHenry Card (jump to GoHenry card details »)

Why it stands out: The GoHenry Card can be used by kids between the ages of 6 and 18. You might like GoHenry if you’re looking for strong financial literary features for children.

The mobile app has a unique feature called Money Missions, which teaches kids about different topics in personal finance, like budgeting and investing. Lessons are also age-specific, so young children may learn about money basics, while older kids pick up more nuanced money topics like investing in stocks or borrowing responsibly.

Monthly service fee: First 30 days free, then $3.99 monthly per child to $6.99 monthly for the Family Plan

Look out for: To put money onto the GoHenry debit card, you’ll need to link an external bank account or debit card. You won’t be able to deposit cash onto the GoHenry debit card. If you use a GoHenry debit card at an ATM, you’ll be charged a fee by GoHenry.

Copper Debit Card (jump to Copper card details »)

Why it stands out: With the Copper Debit Card, you won’t need to worry about monthly service fees, overdraft fees, or minimum balance fees. Up to $250,000 is secure in your Copper Account through the platform’s partner, Evolve Bank & Trust.

Copper is part of the Allpoint ATM network, where you’ll have access to over 55,000 surcharge-free ATMs. Copper also has strong financial literacy resources designed specifically for teens. Teens can learn about everything from mortgages to credit scores through short videos and guides. They can also take quizzes to test their knowledge on different topics. Copper even offers free financial workshops at high schools that may be booked on the platform’s website.

Monthly service fee: None

Look out for: To use a Copper Card, your child has to be at least 13 years old. Customer service is also limited to email or in-app support. If strong customer support availability is priority for you, you may one of our other top picks.

Kids’ debit cards that didn’t make the cut and why

Here are some other prepaid debit cards we looked at and our reasoning for not choosing them as our favorites:

  • Greenlight Prepaid Debit Card: Greenlight has strong monitoring and budgeting features, but you’ll have to pay $4.99, $7.98, or $9.98 per month, depending on which plan you choose. Some of our other top picks have plan with lower monthly service fees and equally impressive perks.
  • Kachinga Prepaid Mastercard: Kachinga is a fintech company that is a national partner of the JumpStart Coalition, a national nonprofit organization that prioritizes financial literacy education for children. You might like this debit card if you’d like a straightforward debit card. The main downside is there’s a $36 annual fee per child. Our top picks may lower fees because the plans are for multiple children or require less upfront.
  • Current Visa Debit Card: Current could be a good option for teens, but our top picks might be more appealing if you’d like to open a debit card for a younger child. While it has unique features, our top pick for teens, Copper, offers more accessibility.
  • Jassby Debit Card: The Jassby Debit Card may be a good option if you’d like to avoid monthly fees; it offers a basic plan that doesn’t have any fees in addition to an Essential Plan ($3.95 per month). But our top picks have stronger budgeting and parental monitoring features. 
  • Capital One MONEY Teen Checking Account: Capital One might be ideal if you’d like to apply for a free teen checking account that has a debit card. Our top pick beat Capital One’s account because it has more lenient age limits.
  • Mazoola Debit Card: You might like Mazoola if you’re looking for a debit card that has abundant financial literacy resources. It isn’t one of our favorites because other debit cards offer more stand out budgeting tools and features. Another downside to the debit is that you’ll only get a virtual card, not a physical one.
  • Navy Federal Go Prepaid Debit Card: Navy Federal has prepaid debit cards for anyone 13 years of age or older. For a traditional institution, Chase has more lenient age limits than Navy Federal Credit Union.
  • JelliCard Visa Debit Card: The JelliCard Visa Debit Card may be worthwhile if you’d like to get a debit card that doesn’t charge a monthly service fees. Its budgeting features aren’t as strong as our favorite cards, though.

Are these companies trustworthy?

Normally, we compare companies’ Better Business Bureau grades. But not all of our favorite kids’ debit card companies have been graded by the BBB, so we aren’t factoring scores into our trustworthiness review.

Chase is the only institution on our list that has been involved in a recent public controversy.

In 2020, JP Morgan Chase & Co. paid the Department of Justice $920 million when charged with wrongful trading. 

JP Morgan Chase & Co. also paid $800,000 in back wages in a settlement in 2020 with the US Department of Labor that accused the company of underpaying women. The US Department of Labor also required the bank to provide a total of $9 million for compensation adjustments over five years.

Methodology: How did we choose the best kids’ debit cards?

We examined over a dozen kids’ debit cards before selecting our favorites. We wanted to provide you with options, so we compared various features and services to find the standouts for each category.

For every debit card, we looked at how it could be used. For example, you should be able to use a debit card for both online purchases and in-store purchases, as well as at ATMs. If a card had a special perk like a budgeting app or parental monitoring features, we took that into consideration, too. 

Kids’ debit cards may often have monthly service fees, but we chose ones that are pretty manageable. We looked at charges for signing up for a card, reloading money, or using an ATM, to find options that didn’t charge high fees. If debit cards have tiered-bank account options we compared different price points and features for each plan.

Lastly, we also reviewed each institution’s privacy policy and debit card security features. We took into account whether a card had purchase protection or let parents block purchases. If the debit card was linked to a bank account, we review whether it the bank account was FDIC insured. 

Frequently asked questions

Kids’ debit cards are tools parents can use to teach children how to use money. With a kid’s debit, children may be able to use an ATM or make debit card purchases under parental supervision. They’ll also be able to set up a budget and monitor through online or mobile banking features.

Yes, several fintech companies and financial institutions offer debit cards for children. If you get a debit card through a fintech company like Greenlight or Step, usage can be monitored through a mobile app. Meanwhile, if you open a bank account at a financial institution, the kid’s debit card is typically be attached to a checking account.

You’ll want to pay attention to potential age limits on the card. Some companies require minors to be a certain age before getting the card.

Some kids’ debit cards may require paying a monthly service fee to use the debit card or have access to certain banking features.

But the following financial institutions and companies won’t charge monthly service fees on kids’ debit cards:

JelliCard 

Copper

Jassby (Basic Plan free)

Chase First Banking 

Current

Navy Federal Credit Union Prepaid Go Debit Card (13 or older)

Capital One MONEY Teen Checking (13 or older)

Here are some of the pros and cons to consider when opening kids’ debit cards:

Pros

  • Show your child how to use an ATM or make a debit card purchase under parental supervision
  • You can teach your child about spending and how to set up a budget
  • You can help your child set personal goals and save for them
  • Cards are typically safer than keeping cash on hand
  • It’s easy to qualify for a kid’s debit card

Cons

  • Cards may have monthly service fees, out-of-network ATM fees, or reloading fees
  • You usually won’t earn interest on your account balance, since kids’ debit cards aren’t linked to a savings account
  • It may a big responsibility for your child

Many kid’s debit cards are available online or through a mobile app. Typically, the parent will need to sign up their child for the card and link an external bank account or debit card. If you’d like to open a teen checking account with a debit card, you can open an account through your bank’s website or at a local branch.

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