Getting the best-prepaid debit card for your child will heavily depend on what you are looking for. Nevertheless, below are three of the best-prepaid debit cards for minors in 2021.
PayPal Prepaid Mastercard
PayPal Prepaid Mastercard® is authorized for users between the ages of 13 and 17. First, you need to have the card yourself and add the child as an authorized user to get their card. You also have to be the child’s legal parent or guardian to apply for their cards.
To deposit money on the card for free, you can use the over 130,000 Netspend reload network locations. You can also use direct deposit, which is ideal if the teenager has a part-time job. They can receive payments from their employers through the card up to 2 days earlier.
Netspend Visa Prepaid Card
While the NetSpend® Visa® Prepaid Card is quite popular, many people don’t know that you can add your teenage child aged 13 – 17 as an authorized user. The card is also perfect for beginners because no credit checks, minimum balance, or activation fee is required.
The card can also help you get paid up to 2 days earlier through direct deposit from your employer. This feature may, however, not be available for your teen’s card. You should also consider that reloading fees can range anywhere between $0 and $3.95.
Bluebird American Express Prepaid Debit Account
This is another great card that allows you to add minors aged 13 and above as authorized users. The card has no monthly fees and can be used anywhere an ordinary American Express card can.
To load up the card, you can use any Walmart checkout register or MoneyCenter. The sub-account holders(up to 4) have access to your Bluebird account balance, but you can control how much they spend.
Famzoo Prepaid Mastercard
The FamZoo Prepaid Mastercard is specifically designed for families. You can apply for the primary card and get the kids’ sub-accounts. The minors can log in to their sub-accounts and control their finances, while you can monitor their spending and authorize transfers from family members on your dashboard.