Can a 14-Year-Old Get a Debit Card? Here’s What You Need to Know

Find out if a 14-year-old can have a debit card, the requirements, and benefits of teen accounts in this informative video.

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Yes, a 14-year-old can have a debit card. Many banks offer special accounts for minors, often called teen accounts or student accounts. These accounts usually require a parent or guardian to co-sign and monitor transactions. This setup helps teach financial responsibility while maintaining oversight. To get started, check with local banks to see their specific age requirements and features for these accounts.

FAQs & Answers

  1. What are the requirements for a teen to get a debit card? Most banks require parental consent and often a joint account setup for minors to obtain a debit card.
  2. What is a teen bank account? A teen bank account is a financial account designed specifically for minors, often teaching them about managing money.
  3. What are the benefits of a debit card for teens? Debit cards help teens learn financial responsibility, budgeting skills, and spending awareness while being monitored by parents.

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