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The best credit cards for kids for 2022

Compare 8 kids debit cards that can teach your child healthy financial habits.

While there are a variety of credit cards aimed at students, kids' credit cards - or cards designed for those 18 and under - aren't yet a reality. But if you're looking to teach your children about handling money and proper financial management, you have terrific alternatives in the form of kids debit cards.

Best for allowance tracking

GoHenry

  • Allowance tracking
  • Custom chore assignments
  • 30-day free trial
  • No overdraft fees
Go to site
on Gohenry's secure site

Best for parental controls

Greenlight

  • Spending limits for specific stores
  • Spend, save & invest in one app
  • Up to 2% savings rewards
  • Up to 1% cashback on debit card purchases
Go to site
on Greenlight's secure site

Best free teens account

Copper

  • No hidden fees
  • Instant Transfers
  • Monitor purchases in real-time
  • Allowances paid for doing chores
  • Financial education built for teens
Go to site
on Copper's secure site

Compare debit cards for kids

Use this table to compare popular debit cards for kids. Sort the list by monthly fee, ATM withdrawal and features to find the best one for you.

Name Product Annual or monthly fee Age requirements Features
GoHenry
Finder Rating: 4.3 / 5: ★★★★★
GoHenry
$3.99 per month
6 to 18 years old
  • Allowance tracking
  • Custom chore assignments
  • 30-day free trial
  • No overdraft fees
Teach your kids to save with a reloadable card you control, but you pay $3.99 a month.
Greenlight
Finder Rating: 4.6 / 5: ★★★★★
Greenlight
$4.99 per month
1 to 17 years old
  • Parental controls
  • Real-time transfers
  • Parent-paid interest
Greenlight is the prepaid debit card for kids that parents manage from their phones with flexible parental controls. For each successful referral, you and your friend get a cash reward.
Step
Finder Rating: 4.5 / 5: ★★★★★
Step
$0 per month
6+
  • No monthly fees
  • Helps teens build credit without interest charges
  • Parental controls and management. Grows with your family
Step banking accounts help teens and kids as young as age 6 to learn to manage money manage their money while building their credit scores. Earn $1 for every person that joins using your unique link or code. They'll also get $1.
Copper
Finder Rating: 4.6 / 5: ★★★★★
Copper
$0 per month
13+
  • No hidden fees
  • Instant Transfers
  • Monitor purchases in real-time
  • Allowances paid for doing chores
Copper is a digital checking account that teaches your teen healthy money habits through interactive quizzes and an intuitive mobile app. The teen also receives a free $5 when signing up and completing the savings goal.
Jassby
Finder Rating: 4.2 / 5: ★★★★★
Jassby
$0 per month
7 to 17 years old
  • Parental controls
  • In-app mall
Jassby is a debit card for kids, complete with chores and allowance tracking. Plus you don't need to worry about a monthly fee.
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We compare the following prepaid cards for kids & teens

The 8 best credit cards for kids

We researched over 16 cards to bring you the top 8 best kids debit cards in 2022 to help you find a card that works for you and your kids.

Best all-around kids account

Greenlight

Finder rating 4.6 / 5 ★★★★★

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on Greenlight's secure site
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Greenlight is perhaps the most robust debit card for kids available today. It's controlled by an app that allows you to set up spending limits for specific stores, pay your child an allowance and reward them with bonus money for completing extra chores.
All three plan options come with tools for helping your child learn to save, spend, earn and give. But the two highest plans come with an investing platform that let's your child buy real stocks with your permission.

Best for interactive financial learning

GoHenry

Finder rating 4.3 / 5 ★★★★★

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on Gohenry's secure site
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The GoHenry debit card is the best debit card for learning through games because it allows kids age 6 to 18 to play interactive Money Missions and win virtual badges. You can also customize the appearance of your card with different pictures, patterns and colors. You get to decide where your kid can use the card — online, in stores or at ATMs — and can view where and when they spend it in the mobile app. The GoHenry card offers a 30-day free trial and lets you set up recurring or one-time chores, each with its own dollar amount. You'll also never have to worry about overdraft fees because purchases that will exceed your child's balance will automatically be declined.

Best for teens

Copper

Finder rating 4.6 / 5 ★★★★★

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on Copper's secure site
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The Copper debit card for teens is linked to a full-fledged checking account. Copper is free to use and there are no ATM fees or overdraft charges. And although it doesn't have an integrated chores feature like many other debit cards for kids, parents can set up recurring transfers that instantly deposit cash into their kids' accounts. Plus, the mobile app includes interactive quizzes, articles and other resources to enrich your teen's financial literacy.

Best for no monthly fee

Jassby

Finder rating 4.2 / 5 ★★★★★

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on Jassby's secure site
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The Jassby debit card stands out for its no monthly fee and intuitive money-management app. Parents can manage chores, automate allowances and help kids build toward savings goals. Multiple children using Jassby can also save toward the same savings goals and make a purchase together. Plus, your kid can earn Jassby Rewards points and redeem them for money or shopping in the Jassby Mall.

Best for families with multiple kids

BusyKid

Finder rating 4.8 / 5 ★★★★★

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on BusyKid's secure site
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The BusyKid Visa Prepaid Spend Debit card is best for customer service because it offers faster response times after it upgraded its customer service platform in 2020 and we've never had an issue getting a hold of a customer representative. Busykid also stands out because it lets kids buy real stocks with as little as $10 and you'll only spend $3.99/month to use it. Although Greenlight also offers investing, you'll need to upgrade to its $7.98/month plan to use it. Like many other kids' debit cards, Busykid also offers chore assignments and automated allowance payments. But you can't limit spending at specific retailers, which other kids' cards like Greenlight allow.

Best for financial literacy for no fee

Chase First Banking℠

Finder rating 4.3 / 5 ★★★★★

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on Chase's secure site
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Chase First Banking stands out as it’s one of the only checking accounts for kids that comes with chores and allowance features and allows kids as young as 6 to get the account. Most checking accounts require kids to be at least 13 to 17 years old. Plus, because this account is powered by Greenlight, you’ll get some of the basic features from Greenlight but with no monthly fee requirement. But parents will need to be Chase customers to open this kids’ account. If you don’t currently bank with Chase, you can open an account like Chase Total Checking to get started.

Best for savings round-ups

Current teen banking

Finder rating 4.8 / 5 ★★★★★

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on Current's secure site
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The Teen Debit Card from Current gives you the power to track your teen's chores, automate their allowance and monitor their transactions all from the palm of your hand. The parental controls let you set spending limits, deactivate the card and block ATMs withdrawals or purchases from specific retailers. Plus, the chores feature can teach your kid to negotiate by letting them propose a different amount of compensation for certain chores. And this card includes an automatic round-up setting that can help your teen reach their savings goals even faster.

Best for traveling abroad

FamZoo

Finder rating 4 / 5 ★★★★★

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on FamZoo's secure site
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The FamZoo prepaid card and mobile app allows you to pay allowance on a regular basis or when they complete certain chores or activities.As a parent, you can track where your child is spending their money. You can also set an interest rate to encourage them to save — but you'll pay the interest. If too much is coming out of your account, you can set a cap on how much interest you're willing to pay your child. FamZoo also lets you set up mock stocks so that your kid can practice investing. But like with savings, you're the one who pays anything they earn.

Are there any free debit cards for kids?

Yes, Jassby, Mazoola and Chase First Banking are three debit cards for kids that don’t require a monthly fee.

Chase First Banking is a good option for those who like Greenlight but want a free alternative. The account is powered by Greenlight, so it has all the same features. But it’s only available to parents with existing Chase accounts.

How to choose the best debit card for my kid

Compare the following features when shopping around for a debit card for your child:

  • Check the fees. The costs can vary between cards and banks. Most prepaid cards will have either a monthly or yearly fee.
  • Spending limits. Look for cards that let you cap daily spending and set limits for ATM withdrawals or at specific stores.
  • Shopping online. Consider whether being able to buy online is a benefit or a downside, and opt for a kids’ debit card that can restrict or block online spending if needed.

Common features of a kids’ debit card

There are six common features to consider when looking for a debit card for your kid:

  • Chores and allowances. Many debit cards for kids offer a way to track and pay your kids for chores that they complete. You also have the option to pay allowances.
  • Like a regular debit card. Your kid can use their prepaid debit card to make purchases online and in person, generally anywhere Mastercard or Visa is accepted.
  • Spending controls. Many children’s debit cards come with spending control limits that parents can set within their mobile banking app to restrict how much their child can spend.
  • Card lock. Parents can also lock the debit card online or via an app.
  • Choose how your child can spend. Parents can choose if the card can be used at ATMS, online or for in-store purchases.
  • Spending tracking tools. Many mobile banking apps offer spending tracking tools and features to help your child learn how to manage their money.

How do debit cards for kids work?

Most debit cards for kids are prepaid cards. You can load money onto them from an app using your checking account. Then, your kid can use them to shop online and in-store just as they would a normal debit card. The major difference is that your kid typically can’t overdraft with a prepaid debit card as they could a regular debit card.

A lot of these cards come with extra features, like the ability to see how your child spends their money or pay them for doing chores.

At what age can my child get a debit card?

Prepaid cards are available for kids as young as five. But debit cards linked to traditional checking accounts usually require your child to be at least 13.

You can help your child transition to a prepaid debit card for teens once they turn 13, or you can help them open a checking account for teens if they’ve outgrown the prepaid card.

Are debit cards for kids safe?

Yes, debit cards for kids are generally safe because of two main features. First, they’re FDIC-insured so you’re guaranteed to get your money back if the bank fails. Secondly, most debit cards for kids are COPPA-compliant, meaning they never sell or collect your child’s personal information, including their name, address, Social Security numbers, and even their geolocation and images.

Is my child ready for a debit card for kids?

Your child may be ready for a kids debit card if they often ask to borrow cash or have started earning money on their own — whether through an allowance or a paid job. A debit card like Greenlight can help them master the art of spending, saving and investing wisely.

If your child isn’t ready to handle real money just yet, consider a simulated bank account like Bankaroo or RoosterMoney. These apps use virtual money to help young children learn how to spend and save until they’re ready to upgrade to a real debit card for kids.

How can I get a kids debit card?

You can open most debit cards for kids online. But keep in mind that if you decide to open a kids checking account as opposed to a prepaid card, you’ll need to open it as a joint account between a minor and an adult.

What are the pros and cons of a debit card for kids?

Before you get a debit card for your kid, consider these features and drawbacks:

Pros

  • Control. Keep track of your child’s spending online and cap the daily limit as you see fit.
  • Security. You can monitor your child’s spending in the mobile banking app to see where they’re going.
  • Safety. Because you can quickly and easily lock the debit card if it’s misplaced, debit cards are often safer than carrying cash.
  • Good practice. Using a debit card will teach your child how money works digitally.

Cons

  • Not a checking account. The majority of debit cards for kids are prepaid cards, and not actual checking accounts.
  • Not good for large purchases. Accounts for children generally have much lower debit card spending limits than adult accounts.
  • Other fees. They may rack up fees for using out-of-network ATMs or overdrawing their account.
  • No interest. These types of accounts usually don’t pay interest.
  • Age limits. Each card or bank can set its own age limit.

The 13 debit cards for kids

Here’s a quick overview of the top debit cards available for kids:

Card nameFeatures
GreenlightThe most robust debit card for kids, offering savings and investing tools, plus store-level spending controls. Costs $4.99 to $9.98 a month depending on your plan but includes debit cards for up to five children.
GoHenryA customizable card with chore and allowance tracking plus financial literacy games. But be prepared to pay $3.99 a month for each child — unlike other platforms that charge a flat fee for the entire family.
CopperA full-fledged checking account tied to a Mastercard debit card and a mobile app that includes interactive quizzes to increase your kid’s financial literacy. The account also includes savings tools, but funds earn virtually no interest.
JassbyA debit card for kids that includes budgeting tools and parental controls. There’s no longer a monthly fee. There used to be a $2.99 fee that you could only avoid when you make one purchase a month, but Jassby has done away with this.
BusyKidKids can donate money to charity, invest in stocks or spend with their prepaid debit card. There’s a monthly fee of $3.99, and there’s no charge for up to four additional cards.
CasholaOffers educational quizzes and savings tools designed for Black and Latinx children. But you’ll pay $1 per transaction, which adds up quickly.
Chase First BankingIt’s technically a kids checking account, but it’s powered by Greenlight and has all the same features. It’s free for parents with an active Chase Checking account.
FamZooThe app divides your kid’s money into virtual piggy banks for spending, saving and giving. But there’s an unavoidable $5.99 monthly fee.
KachingaA prepaid Mastercard for teens tied to a chore app that includes features to boost your kid’s financial literacy. Parents can also activate automatic transfers and get real-time notifications about their teen’s purchases.
MazoolaThe only free virtual debit card for kids. It offers basic chore and allowance tracking, spending controls and savings tools. But it’s not available on Android yet.
Purewrist A wearable payment bracelet that comes with a one-time prepaid card or a reloadable option. It costs $25 to activate, but your kid can customize their bracelet color.
Revolut JuniorA free prepaid card with parent-paid bonuses, spending analyzers and task tracking. But adults must have a personal Revolut account to get started.
RoosterMoneyA free allowance app that teaches kids how to earn, spend and save. The debit card option is currently only available in the UK, but the company is looking to expand it to the US soon.

Debit card for kids alternatives

If you’re not set on a prepaid card for your child, here are some other options to consider, depending on their age:

  • Kids savings account. Help your child get a jump start on their future with a kids savings account. Most offer competitive APYs and low fees and minimum deposits. They’re a great option for any age.
  • Kids checking account. Some kids checking accounts such as Chase First Checking have no monthly fees, free ATM access and chore and allowance tracking.
  • Credit cards. You could add your child to your credit card as an authorized user. This could help them learn financial responsibility and can also help them build their credit score, which isn’t possible with a kid’s debit card. But beware of the risks that come with greater responsibility.

Bottom line

A prepaid debit card for kids can help your child learn how to manage money responsibly — and let you track their spending so you can see if they’re meeting that goal. But while some prepaid cards let kids save money on them, they’re not a replacement for a savings account. Compare savings accounts for kids and prepaid debit cards to create a banking solution that’s right for your family.

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