Best debit cards for children

Best debit cards for children

We have prepared a list of the most convenient and profitable children's bank cards. For convenience, key information is presented in a table.

Т-Банк “Т-Банк Junior”

“Т-Банк Джуниор” — удобная дебетовая карта для детей до 14 лет и их родителей. Поскольку карточка привязывается к банковскому счету взрослого, родители могут контролировать траты своего ребенка, а также моментально пополнять баланс счета без комиссии.

Сам же ребенок может оплачивать картой товары и услуги и получать кэшбэк за свои расходы. Так, Т-Банк начисляет до 1% за стандартные покупки, до 2% за оплату покупок в интернет-магазинах, до 30% за покупки по спецпредложениям банка. Кроме этого, он начисляет 3% годовых на остаток по карточному счету без подписки Т-Банк и до 7% в год — при ее наличии.

A nice bonus is the special children's app. With it, the child can receive 24/7 support from bank operators, read useful stories, take tests and improve their financial literacy, and complete simple tasks from parents for a cash reward.

Alfa-Bank "Children's Card"

The free "Children's Card" from Alfa-Bank is a convenient and profitable tool for parents and their children. By paying with this card at stores, children can receive 5% cashback for transactions in the fast food, cafe, and restaurant categories. The "Alfa-Mobile" mobile app allows them to view transaction history, monitor account balance, and use contactless payment.

For parents, the functionality is standard. Through the same mobile app, they can change card accounts, transfer money between other family members, block and unblock cards, and track their child's transaction history.

Initially, the kids' card looks like a blank slate. The child chooses stickers themselves and decorates the card however they like.

Sberbank "Children's SberCard"

The "Children's SberCard" is a plastic card with free issuance and maintenance for children aged 6 to 13. With it, children can pay for purchases in regular stores and online, save money in the SberKids app, watch educational videos and articles about finance, and earn 0.5% cashback on any purchase.

Parents can top up their child's debit card account at any time, as well as monitor their spending: track account balance, view transaction history, and set purchase limits.

Pochta Bank "Children's Card"

The "Children's Card" from Pochta Bank is a virtual card with the functionality of a plastic one. Using the mobile app, children can withdraw cash, independently pay for mobile services, housing and communal services, games, internet, and much more. Parents, in turn, can track expenses and income on the children's card.

Home Credit “HOMEKIDS”

"HOMEKIDS" from Home Credit Bank is a maximally simple and clear tool. By paying with it, children can receive 1% cashback on standard purchases, 3% on purchases in the "Cafes and Restaurants" category, and up to 30% on purchases at partner stores.

In addition, the bank accrues 5% per annum on the card account balance.

To summarize. As you can notice, children's debit cards from various banks are practically identical in their functionality. Regardless of the chosen product, parents can view debit transactions on their child's card, track their account balance, and promptly send them money if necessary. Best