No credit card teen chat dating tips for 10 year olds
Before an individual can enter into a binding legal agreement known as a contract, he or she must meet the legal contract age.
Capital One solved the need for teen bank accounts by providing what’s called a Capital One 360 “Money” account.
Capital One isn’t the only company to get into the teen banking game.
A few other banks have stepped up to help out with student banking accounts. It’s likely that your local bank or credit union may have some options for students as well.
The fact that the account requires a parent to “support” it means you have the ability to step in and assist if your teen needs it.
You can transfer money in and out of the account from your own external bank account.
Some features of the My Vanilla Visa Card include: All of these make My Vanilla an ideal first “credit card” for minors, without the hassle of opening a checking account.