However, even when your child turns 18, you might want to discuss with them whether or not they should have a credit card. Only people over 18 years old can apply for a credit card. How old do you need to be to get a credit card? Once you decide when your child should have a debit card, the GoHenry prepaid debit card gives them a safe way to spend their money, as well as other features that can help increase their financial knowledge and make sure that you can keep an eye on their spending. With GoHenry you can set up an account for your children from the age of 6. However, you cannot open a bank account at age 11 without help from a parent or guardian. With most banks, you need to be 11 years old to get a debit card for a current account. How old do you need to be to get a debit card? However, sometimes it’s helpful to use a credit card for large purchases when you want to split the cost across multiple months. A lot of people use debit cards for most of their purchases since it is an easy way to access the money they have been paid. A prepaid debit card can be the safest method to use for transactions because you cannot spend more money than is on the card. When weighing up a debit card vs credit card, you’ll need to look at the type of purchase you’re making. Is it better to use a debit card or credit card for certain transactions?
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