We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best childrens account with debit card?
Options
littleangels3
Posts: 221 Forumite
My daughter is 11 next month and wants to open an account with a debit card ive looked into a couple abbey &lloyds seem to have the best rates, not that i understand it but think with abbey you as parent need account aswell which i havent got, anyway id just like some advice plz before i open her one. thanks in advance xx
#18 Weekly savings challenge 2015(£220.80-£1378)
#100-£365 in 365 days challenge 2015 (£62-365)
#203-Sealed pot challenge 8-2015 (£7.50-£100)
Payment a day 2015- (£151) Xmas park savings £68
#70 £10-£1000 Emergency Fund Member
#62 £2 savers Club Member- £34
#100-£365 in 365 days challenge 2015 (£62-365)
#203-Sealed pot challenge 8-2015 (£7.50-£100)
Payment a day 2015- (£151) Xmas park savings £68
#70 £10-£1000 Emergency Fund Member
#62 £2 savers Club Member- £34
0
Comments
-
Hi
My 13 year old son has a childrens account with Barclays that comes with either cashcard or visa debit card. You dont need to have an account with Barclays to open.0 -
no childrens accounts will come with a full debit card....the best you will get is an electron style card as full debits allow you to go overdrawnDebts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts
Olympic 2012 Challenge #12
0 -
no childrens accounts will come with a full debit card....the best you will get is an electron style card as full debits allow you to go overdrawn
Both Lloyds and Santander provide a Visa Debit card with their accounts for those aged 11+.
I'd go with Lloyds, given Abbey/Santander's reputation.0 -
Nationwide, but why would you want to provide this facility???0
-
The cards can only be issued with parental consent."An arrogant and self-righteous Guardian reading tvv@t".
!!!!!! is all that about?0 -
blueberrypie wrote: »Both Lloyds and Santander provide a Visa Debit card with their accounts for those aged 11+.
I'd go with Lloyds, given Abbey/Santander's reputation.
they might say that but they will be full authorisation electron type cards. its illegal to provide credit products to minors and full debit debit cards allow you to go overdrawn so banks wont provide them to minorsDebts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts Olympic 2012 Challenge #12
0 -
they might say that but they will be full authorisation electron type cards. its illegal to provide credit products to minors and full debit debit cards allow you to go overdrawn so banks wont provide them to minors
these cards are cip and pin only and cannot be swipped, thus providing security that a auth code has to be created for a debit card transaction.:santa2:0 -
JoseChungsDoomsday wrote: »these cards are cip and pin only and cannot be swipped, thus providing security that a auth code has to be created for a debit card transaction.
not sure what you're getting at....i would imagine you mean they're online cards that check balance with the bank before authorisation, which is exactly my point
full debit cards can be used in offline terminals, electrons etc can notDebts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts Olympic 2012 Challenge #12
0 -
yes thats all i mean dont mind what kind of card just want best rates savings wise,xx#18 Weekly savings challenge 2015(£220.80-£1378)
#100-£365 in 365 days challenge 2015 (£62-365)
#203-Sealed pot challenge 8-2015 (£7.50-£100)
Payment a day 2015- (£151) Xmas park savings £68
#70 £10-£1000 Emergency Fund Member
#62 £2 savers Club Member- £340 -
www.natwest.com/adapt
As well as debit card, 1.5% interest and lots of other benefits, 2 for 1 cinema etc.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards