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Want your teen to start building credit? Learn about different credit card options for minors under 18, including low limit credit cards and prepaid cards.
Best Prepaid Card for Teenagers: Current. Best for Over 18: American Express Serve. Best Rewards Program: Jassby. Best Virtual Debit Card: Mazoola. Teaching kids about financial responsibility isn't easy. But, if you want to set them on the right path toward financial literacy, it helps to start young.
A good prepaid debit card can help your teen learn how to budget, meet his or her savings goals, spend wisely, and lessen the danger of carrying around cash. Even better, the cards listed below make it easy for you to deposit allowance money or add a few extra dollars to your child’s account when they need it.
1. Brink’s Armored™ Account: Best Overall. The Brink’s Armored™ Account is our top overall pick for reloadable cards, as its simple online interface and market-leading mobile app make it super-easy to reload funds.
Best Credit Cards for Teens. Discover it® Student Cash Back: Best Cash-Back Card for Teens in College; Capital One Venture X Rewards Credit Card: Best Travel Benefits Card for Authorized Users
The best credit cards for teens can help you save money and build credit if you’re 18 or 19 years old. Apply for one of 2024’s best credit cards for teens.
Best Credit Cards For Teen Authorized Users. You can help your teens build credit by making them authorized users on one of your credit cards. We’ve singled out these five for their low fees and nice mix of perks, such as fraud protection and purchase rewards. Authorized users get a credit card in their own name.
Best Prepaid Cards for Teens. There are lots of prepaid cards out there, but the best ones offer lots of features, some parental control, and low fees. We took these factors into consideration to come up with this list of the best prepaid cards for teens. 1. FamZoo.
We uncovered which credit cards allow teens 13 and older to be added as authorized users. Here’s our selections for the best credit cards for teens in 2024.
Updated. Nov 1, 2024. Fact checked. To get a traditional credit card, you have to be 18 years old. However, there are two ways around this to help teens under 18 build credit. One option is for a parent or guardian to add the teen as an authorized user on their credit card, which many banks allow.
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