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At what age should kids get their own prepaid debit card or bank account?

24 October 2023

A prepaid debit card or kids' bank account can be an alternative way to cash for teaching children about spending wisely. With prepaid debit cards typically available to youngsters from age six and bank accounts from around 11 – from what age would you consider one of these for your kids?

A prepaid debit card or kids' bank account can be a good way to teach children about spending wisely while introducing them to the way most adults manage their money. Prepaid debit cards are typically available to youngsters from age six and bank accounts from around 11 – but we want to know from what age would you consider one of these for your kids?

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