One of the most popular debit card apps for children, the Greenlight Debit Card for Kids allows parents to restrict spending ...

Parents are increasingly adding children as authorized users on credit cards to help establish their credit history early.

Erin Bendig has extensive experience in various areas of personal finance. She previously worked as a staff writer for Kiplinger.com, focusing primarily on savings accounts and banking. In ...

Locking capability: Most debit cards for kids come with a parental locking feature that allows you to protect the cash in the account through your app if the card is lost. Deposit insurance ...

experts suggest waiting until the child has their own credit card before removing them as an authorized user. Parents are increasingly adding children as authorized users on credit cards to help ...

Some credit cards allow authorized users as young as 13, while others have no minimum age requirement. This strategy can boost a child’s credit score over time, but there are important considerations.