Childrens current account with card

[Deleted User]

Nick_C wrote: »

1) would be great to teach your kids some financial stuff yourself. You can show them what you do with your bank accounts.

2) I can't imagine any responsible retailer accepting a debit card from a child.

Why?

The cards provided on 11+ accounts are debit cards - why would the retailer not accept it?
There's no overdraft on those accounts and they cannot go overdrawn

ThumbRemote

Thanks for the suggestions. I'll probably give the Go Henry one a miss - ideally I'd like to transfer pocket money in by standing order, and 50p charge for a £2 top up is a bit steep.

The Nationwide and YBS ones look a good call though, they might do. I'll investigate them further.

System

!!! wrote: »

Maybe they will - I would want to with mine to get them learning.

Besides, the Smart Account (savings account) doesn't necessarily come with a card, and if it did it's only a cash card.

It comes with an ATM card (if selected) and has a sort code/account number for incoming credits e.g. gifts.

What DDs or SOs do you realistically expect a 7 year old to have or want to setup..?

[Deleted User]

The Nationwide Flex One account comes with either a cash or debit card:

https://www.nationwide.co.uk/products/current-accounts/flexone/choose-your-card#tab:Choosingyourcard