Which children’s payment card is better to issue

There are many ways to educate the next generation. Modern parents strive to give only the best to their children, and also make sure that they make their own decisions from a young age. Especially relevant in this context is the issue of financial literacy. Children for the most part do not know the value of money, they can demand gifts from a high price policy without realizing it. Already at school age, young citizens begin to receive pocket money, which is why the question should be considered: which children’s payment card is better to issue.

Children’s bank card: what every parent needs to know about it?

First you need to understand what kind of tool a bank card is for a child. Often this is an ordinary debit or prepaid card linked to the parent’s account, and the child uses it. The convenience of such a payment instrument is as follows:

security – electronic money is more difficult to lose, and it will not become a pretext for attacks by school bullies;

hygiene – bacteria can accumulate on cash, which become a threat to the life of a child, it is possible to clean a plastic card with antiseptic agents;

parental control – mom and dad will be able to track the child’s transactions, as well as set spending limits;

efficiency – in case of loss of “plastic” it is possible to quickly block the account in the mobile application;

favorable conditions for use — it is possible to order a Mastercard prepaid card virtually free of charge on our website.

Bank card for children: how to apply?

The WestStein prepaid card perfectly fulfills the role of a family payment instrument, because it is possible to link several cards to one account. A virtual debit card received from our service will help you make payments in physical and online stores, pay for goods and services, as well as control and rationalize your expenses.

Children’s bank cards from the age of 14 instill in a teenager not only an understanding of money issues, but also give an idea of ​​​​savings. The child can independently start saving for the thing that he wants, such as a gadget or a toy, and also find ways to reduce his expenses. The basics of financial literacy will definitely have a positive impact on the growing personality.