Prepaid card for kids on holiday

jimmyg_73

Is there an appropriate prepaid card option for kids (early teens), so that I can load with Euros before they go and they can spend easily without getting ripped off with large fees? Thanks.

eskbanker

https://www.moneysavingexpert.com/credit-cards/prepaid-travel-cards/#kids

Mark_d

I would use a Starling Kite account

zagfles

Or Nationwide
Children’s Bank Account | FlexOne Account | Nationwide

NoodleDoodleMan

We have a Caxton FX prepaid card (very rarely used) - however it does allow for additional cardholders aged 13+ and funds can be easily converted from Pounds to other currencies, including of course Euros.

It can be used contactless (or PIN if required) for goods and services.

Caxton do not take a fee for withdrawing currency at foreign ATMs - although the machine may well take a % commission. You'd need to check that out depending on which country/countries the kids are visiting.

Gives you control over what you load and direct to their card(s) - but no control over what they spend it on over there.

I use ours so the two grandkids (additional card in son's name) can have some spending dosh on holiday.

https://caxton.io/

Worth considering IMO to suit your scenario.

zagfles

NoodleDoodleMan said:

We have a Caxton FX prepaid card (very rarely used) - however it does allow for additional cardholders aged 13+ and funds can be easily converted from Pounds to other currencies, including of course Euros.

It can be used contactless (or PIN if required) for goods and services.

Caxton do not take a fee for withdrawing currency at foreign ATMs - although the machine may well take a % commission. You'd need to check that out depending on which country/countries the kids are visiting.

Gives you control over what you load and direct to their card(s) - but no control over what they spend it on over there.

I use ours so the two grandkids (additional card in son's name) can have some spending dosh on holiday.

https://caxton.io/

Worth considering IMO to suit your scenario.

IIRC their exchange rate is pretty rubbish compared to the VISA/Mastercard rate, which you'd get with a fee free card like Nationwide and others. 

NoodleDoodleMan

Yes, however I reckon it would better suit the OP's needs rather than having the kids open an account over which he has much less control.

eskbanker

This thread is in danger of completely repeating another recent one in similar territory, so it might be worth cutting to the chase and reading https://forums.moneysavingexpert.com/discussion/6579458/best-form-for-children-to-take-money-abroad

NoodleDoodleMan

Correct. Well spotted.