Best Debit Cards for Kids and Teens: Greenlight, BusyKid and More

My Gen Z teen got her first after-school job a year ago, so she wanted an easy way to access her money and save for specific goals, like an upcoming trip abroad. I wanted something that could grow with her beyond high school and through college, so we chose a teen debit card that could be useful to her beyond graduation. We wanted automatic deposit for her paychecks, easy transfers and -- most important to me -- no fees. If she was younger, I might have been more interested in educational features or options for encouraging her to do her chores, but she's a bit beyond that. However, I still wanted some safeguards, including setting limits on spending and getting alerts when she makes purchases. That feature came in handy recently when she went to a coffee shop with her friends. I wasn't alarmed when I got an alert that she made a purchase at a nearby restaurant, but then I got a second alert for a purchase of the same amount at the same restaurant. I texted her immediately to ask i ... Read full article.