Our verdict
Step stands out as a free app and Visa card that helps kids and teens build their credit score without overdrafts or racking up credit card interest. Unlike traditional credit cards, kids spend only what's preloaded in their Step accounts, making it one of the safest ways to build credit. They can also scoop up time-sensitive cashback offers from favorite stores, and try crypto investing with a parent's permission. But Step charges $0.50 anytime you want to give your kids less than $25.Best for: Parents of kids and teens looking to build credit and earn cash back.
- No monthly fee
- Build credit without interest charges
- Cash back on select offers
- No phone support
- Fee for transfers under $25