Bank account for 14 year old for UK and overseas

SuperHan

Archi_Bald wrote: »

Why should a child need branch access at some point? The internet generation (and some of us geriatrics, too) gets on very well without calling into branches. They can do what they need to do online, or on the phone and through ATMs. Even pre-internet, customers with banks like First Direct didn't need bank branches.

Good luck for them paying in the cash or cheques they get for birthdays and Christmas without a branch.

A child is much more likely to need branch access, as their funding is less likely to come from a salary paid in to the bank.

Although Mum and Dad can fund pocket money via bank transfer, more distant relatives are still more likely to put money in a card for birthdays, rather than ask for bank details to do a bank transfer.

colsten

Use a post office?

pertgave

I don't think that anybody who is not earning their own living should have a credit card, independent of age.

My children got their first current account at the age of 13, with a bank card only. At 14 they got a debit card. This is as a fees free current account with HSBC and they can withdraw money when traveling to Europe, though there sometimes is a fee and its worth checking in advance which banks cooperate with whatever bank you decide for to avoid withdrawel fees.

Lloyds_Bank

jonesMUFCforever wrote: »

I don't think the youth account cards will work abroad so don't rely on it as the sole method of payment - perhaps the Lloyds Bank rep can confirm or otherwise?

Hi jonesMUFCforever,

The Visa debit card that comes with our Under 19s Account can be used abroad to make purchases and withdraw cash. The Cashpoint card, that we can supply as an alternative to a debit card, can also be used at ATMs abroad.

As mentioned by Obviously the best, there are fees for using the cards overseas.

Thanks,

Craig