Letting your teen have their own bank account is a great way of encouraging financial independence. Many bank accounts designed specifically for teens offer more in the way of features and benefits compared to accounts for younger children, and they can help your child build on their financial skills now they\u2019re a little older. <\/p>
This review looks at the Barclays Young Person\u2019s current account in detail.<\/p>
The Barclays Young Person\u2019s current account is designed for 16- and 17-year-olds. It has no monthly fee and comes with a contactless debit card. Account holders can also use Apple Pay and Contactless Mobile to pay for items with their phone. <\/p>
The key features of the Barclays Young Person\u2019s current account are outlined below:<\/p>
The Barclays Young Person\u2019s current account is for 16- and 17-year-olds. It\u2019s designed to help young people develop good financial skills and learn how to manage their money.<\/p>
There\u2019s no monthly fee with this account, plus your teen can design their own debit card and manage their money on the go via the app. <\/p>
If you, as a parent or guardian, bank with Barclays, your teen can open their account via video banking. You will need to download the video banking app and make the call to Barclays, but your teen needs to be present and have their passport or birth certificate to hand.<\/p>
If you don\u2019t bank with Barclays, or you don\u2019t have the app, your teen will need to apply in branch. They will need to bring their ID (passport, national ID card or birth certificate), and you as their parent\/guardian will need to bring either of the following:<\/p>