OT: any suggestions for kids' banking or credit cards?
by Jeff (BGS) 
, A starter home in suburban Tempe, Thursday, April 30, 2026, 14:57 (25 days ago)
The boys are 14 and 15 and I'd like them to start to get some control over their "finances" and spending money. I'm thinking maybe a checking account with a debit card, possibly linked to Apple Pay. They seem to be pretty responsible with money, but I don't want to expose them to too much via their phone, since they share phones with friends often and... you know teenagers.
Any suggestions?
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At night, the ice weasels come.
We have a Greenlight subscription/cards.
by ReginaldVelJohnson , Thursday, April 30, 2026, 16:59 (25 days ago) @ Jeff (BGS)
I needed another subscription like I needed a hole in the head, but the idea that it was nominally geared toward also having built-in financial literacy pieces was attractive. Also makes it easy to transfer money to them, monitor spending, etc.
Our kids all have their own accounts...
by domer.mq 
, Thursday, April 30, 2026, 15:06 (25 days ago) @ Jeff (BGS)
That are some sort of special linked account. No checks, overdraft protections galore, and we can just funnel some cash in if they need it. Comes with a regular debit card with a fairly low daily purchase limit on it. They all just use their Apple Pay that's linked to it. We're pretty happy with the arrangement. Worked without a hitch for 2 of them in Europe too.
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Sometimes I rhyme slow sometimes I rhyme quick.