6 Best Free Debit Cards for Kids to Teach Them About Money

Giving your child a debit card can be an excellent way to teach them about money and budgeting early in life.

It’s important to understand your options before choosing which debit card to get your kid, especially when it comes to cost.

What Debit Cards Can Teach Kids About Money?

The one skill that they will likely pick up above everything else is budgeting.

The 6 Best Kids Prepaid Debit Cards

Before diving into the list, I wanted to call out that the first two options are free! Meaning, there is no monthly fee associated with them.

The Akimbo prepaid debit card is technically free. However, even though there is no monthly or annual fee, there is a litany of other costs.

1. Akimbo Prepaid Mastercard

This card outshines Akimbo as a free debit card for kids. There is no reload fee if you opt for direct deposit, which is head and shoulders above the Akimbo card.

2. Movo Digital Prepaid Visa Card

3. Current Visa Debit Card

The Current card is not free, but it does offer transparent pricing and a one-month free trial.

Swipe up now for more  financial tips!