In Denmark I’d say most teens get their own bank card at about age 13-15 as it is a common age to start getting a part time job. Do you consider that to be young or old in your country?
Edit: I’m almost 22 so I realize times could already be changing. My numbers are based off of me and the other kids at school.
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Also somewhere around that age. Might be earlier now though, my info is from like 15 years ago, I don’t know any children.
13 usually over here. It becomes a necessity in quite a lot of western Europe, I’d say.
I got mine at 22 or more probably 23, but I think I’m an outlier
My youngest is 10 and he has a revolut junior card for spending when he’s out, mostly used for vbucks and mine coins.
The first time one of the kids got an actual account was at 16 because of a summer job.
Rich kids seams to get it way earlier than poor kids. Mine has had it since 10 due to needing a card to pay for train home when school bus card doesn’t work. That is whole different story why the bus card didnt work. *sigh*
But 13- 16.00 seam to be normal in Sweden too but many of the rich kids in kid class has had since 8 or 9 so they can get snacks when parents works.
Probably when they graduate from Elementary School at 13. I think that’s pretty common.
Depends quite a bit on social class here.
The rich kids get a rechargeable bank card around 14 years old or so.Then their parents load up money onto it.
The poorer kids get cash from their parents as and when… maybe regular pocket money, maybe not.But cash.
They are more likely to open a bank account at 18 or so.
Down here in Sicily, it’s still very much a cash economy.
I got mine when I was 17 in 2016, dno about today tbh
Depends really and for what use etc. 13 Is very typical
It really depends, but from my experience it’s about 10 years. About the age when a kid needs some pocket money, because cash is something exotic nowadays. It’s not a fully independent card, but a plastic conjoined with a parents account. It usually has an embossed name and an app with some special features. For a kid it is a great way to learn basics of financial literacy.
Starting from the age of 14 a kid can get his own banking account, unrelated to his parents. There are some restrictions up to the age of 18, but they can have their own money and it’s their own responsibility.
I got mine at 14 I think? Or 13. Already had some savings in my account by then.
But I remember that most kids that age didn’t not have a card. Was pretty cool paying for stuff with a card back then.
When I was a teen it was usually around 16 when you could legally start to work. However I’ve noticed that the age significantly lowered and parents often give kids cards earlier and they provide pocket money this way.
In Italy kids can legally have a credit card (connected to the card of a parent) at 12. I made one for my 12yo daughter
Idk what the average is, but our biggest bank allows it from age 6 and I was definitely in primary school when I got one. I’m guessing I was 9 or 10.
Legally here you can get a job only after 16. There’s the possibility of opening a “junior” bank account or similar before that age, but as far as I know it’s not common to give the child the card for it. It’s much more common to give them a pre-paid card that the parent periodically puts some money in (or a digital equivalent) or to just give cash.
I got mine at 16. I think most people do but I have known people to get one at 13! They receive birthday money through it.
13 – 15 being too old to get a part time job? Well, here, the legal age to work is 14 years old I think? But the restrictions to your working hours are so tough that they usually just get a paper round (paper boy, delivering newspapers) if that is still a thing, or they might work in a small family business.
Depends, my niece got one when she finished elementary school at 11. So she had a card when goo to highschool. Nowadays it might be a bit younger.
I got it at the same age.
In Czechia people can start working at the age of 15 and that’s also when most get their first accounts
I work at a school so generally they it by 3rd grade to oay for food at the cafeteria (1st and 2nd graders eat for free). So age 9-10.
I’m in Sweden. Almost no stores besides grocery stores and pharmacies accept cash nowadays so it’s common that kids get their own DebitCard when they’re 7-9 years old and get an allowance.
Parents who can afford it get their kids a bank account and starts saving when they’re born.
My daughter has had one since she was 6 or 7, Revolut Junior for her allowance, but she doesn’t really go anywhere on her own yet, so she’ll probably start carrying it around when she starts secondary at 12yo.
I’m 25 and I got mine at 13 when I started going to the mall with friends more often and I also wanted to start ordering my own stuff online.
When they start to get allowance. Only criminals and old people use cash, so learning kids how to use a debit card at s young ahis very normal.
My kids got their first cards when they were around 11-12 years old
i got it when i was 12 years old. Got my pocket-money on it and my savings.
When I was a kid back in the 90s, I got it as soon as I was allowed, at 11. That’s where my pocket money went from then on.
I used to work for the tech helpdesk of a bank and my bank lets parents install and manage an app with limited functions for their minor kids from the age of 10 now. It’s very common for parents to do this, we got a lot of calls from parents needing help setting it up or reinstalling etc.
Just checked and 10 is also the minimum age to have your own debit card at that bank.
When I was a kid back in the 90s, I got it as soon as I was allowed, at 11. That’s where my pocket money went from then on.
I used to work for the tech helpdesk of a bank and my bank lets parents install and manage an app with limited functions for their minor kids from the age of 10 now. It’s very common for parents to do this, we got a lot of calls from parents needing help setting it up or reinstalling etc.
Just checked and 10 is also the minimum age to have your own debit card at that bank.
In Belgium one bank (KBC) starts at the age of ten with a specific app for kids too, a very low limit etc. Quite handy to teach kids financial responsibility at an early age. My kid got the card at ten for occasional use and the app on a home device but we deemed the kid to be too playful for a mobile phone with the app on it until secondary school (12+). Then at the age of 15 the kid got the adult app but with full parental control of the account until 18 (and the money needs to be released by us).
Access to the savings account is hidden by is since we want it to be a fun surprise at 18.
I got it at 15 when i started my first summer job, id assume its simmilar for most
There used to be a system called Visa Electron and later Mastercard Maestro that allowed a pretty much full-featured debit card to be available from 11 or so, however it has recently been discontinued.
My bank gave all my children 20 euro start money just for the (free) account opening, the youngest was 6y old. They did send all a card after their 8. birthday, but it can only be used in shops and ATMs, internet payments are disabled and can NOT be turned on even by the parents (which is a real bummer).
I like it much more than giving them any cash.
Damn, the answers make me feel old. I set up my first bank account when I was 20 because it just felt pointless before but there was an offer where I didn’t have to pay anything so why not?
Although kids for sure get it now sooner.
My kids got Revolut @ 11, it was a few years ago. Ireland is almost cash-less now, so I can see it getting earlier and earlier.
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A full-on bank card like adults is off the table for Italian kids.
There are some banks that allow a bank account for minors to be opened by parents on behalf of their children, but they’re severely limited in their functionality. They can literally just get money out into them and most are just linked to a prepaid card that gets topped up by the parents. The legal minimum age for that is 10/12 depending on the bank.
Most just get the prepaid card either from a bank or from the postal service ( they act also as some sort of banking institution in Italy) until they can open a real bank account with debit card at 18.
Kids can get a bank card at 10 years old but not all get them/need them at that age. I’d guess 12 was common. Both my kids were 10, though
I set up my kids with one each. Younger is 5, so 5 I guess? We established an allowance for them, but I usually don’t carry any cash, so it was problematic to give it to them weekly. With a sub-account and card, I just set up a recurring weekly money transfer.
i got one at 17, but my younger cousin got one and he’s like 14, cash is just becoming less relevantrecently
I got mine at birth, however until I was about 12 I could only deposit money into it. After that I had defacto full control over it since my parents would back whatever decision I made. My parents also made me attend all bank meetings relating to my account since age 6.
When their parents deem necessary or if they think the kid is "grown up" in the monetary sense. Our minimum age is 11, I think, for some sort of junior debit card, while parents can authorize you to have access to their account with a bank-issued card in your name.
I got my first authorized one when I was around 16 so I could go and pay the bills to help out my parents (there were no online payments back then), and I got my very own when I started working at 23.
got mine when I was 11, there used to be an age restriction on bank cards when i was a kid, was 12, or twelfth year
I’d say usually when they’re adults, after 18 years old, when they go to study to University. Teenagers mostly use cash, which is still fine and common in Greece.
I’m not even sure it’s possible for a child to get a card in their name in Greece, but I could be wrong.
I got mine at 18, when I officially started working, back in 2006. I had a bank account opened in my name when I was a kid, but my parents controlled it, and I never saw that money. Croatia is still a very cash focused country and I know some people who are in their late 30s who never use their cards, they get their cash from the bank and live like that.
My kids will be getting them around 6yo, when UK banks allow it. It’s entirely based on whatever savings/allowance the kid gets from the parents who are given oversight and I think allow restrictions on where the card can be used. I plan on topping up a card as their weekly allowance and not bother with cash or a piggy bank at all.
I think I got mine at like 8 years old, but I didn’t use it very often. I would forget my code and only discovered years later it had contactless. I think I started using it at like 11 or 12. Anyways, it wasn’t until I was 14 or 15 years old that I got access to my banks app and was able to view and manage my own money. (under my parents account of course).
I think 16-17 here in France ?
You need your own bank account to be able to apply for the student grant for uni so you kinda need a bank card as well. Lots of teens are still 17 when they first attend uni.
Teens mostly start working at 16 years old, it’s the legal age.
I don’t know how it is nowadays but I was born in late 90’s and the first kid to have a card around me was my best friend in middle school at 14. I got my first one later at 16.
I was 16 when I got mine, but that was a decade ago and I’m sure most kids are getting them sooner now
I was getting cash and had my banking account when I was moving to diffrent town at the age of 19. And well, didn’t feel I needed that before. But that was 12 years ago. Damm, I’m getting old.
In my country there are some regulations for banking account for 13-17 yo. Seen some offers on my bank website.
I think it varies a lot on family economic culture(?). A lot of teenagers nowadays have most probably Hype which is one of the few prepaid card with bank coordinates that makes it possible to open an account at 12 and it works just as a normal bank account. At the same time though a lot of parents still use cash only and they give their children cash money when they need it.
It was only last year when for the first time card payments outnumbered cash ones here in italy.
Personally i had my first bank card at 15 and since then I’ve always been cashless.
My 10 year old kid has his own bank card and bank app. Sweden has gone too far in creating a cash free society, and there is no toy store or candy store where we live that accepts cash, so kids will have to learn counting money and saving and spending their allowences and birthday gifts digitally. I think the banks give out cards for kids from 7 years of age.
Of course the accounts, cards and apps for kids are made for kids and have appropriate rules and functions.
Parents nowadays often opens a card which connects to their account and can be controlled for their children at around 6-10 years. At 14 it is allowed to open a debit account without parents consent, so those who didn’t get their card earlier or want a separate account from their parents makes at 14
I have no idea right now, but in the mid late 80s I got my first debit card when I was maybe 14 and the first credit card being 16 or 17. Them both connected to my own bank account.
I got my first bank account and debit card when I was 21 years old.
15 years ago I got mine at 15 in Bulgaria because the scholarship I was receiving could only be paid through a bank and it was also the case for most of my peers. In France, it’s probably the same. I have never seen a younger child than a teen pay with a card since not taking cash here is illegal and you can take the public transport with its own card.
My mum set up one for me when I was 13 because it was easier for her to transfer me some pocket money or money for public transport card. Most of my friends got their debit cards at 15-16.
I got mine at 15, some friends got theirs a few years earlier. But ye, 13-15 checks out
Edit; additionally I did have an bank account since I was a child. Afaik not how everyone does it here but also not uncommon.
I got a card for my son when he was 9.
As he is less than 13 years old, his "account" is in reality a sub-account to my account. He gets his pocket money to his account, rarely there is more than 100PLN (~24€) on it.
He has got a debit card in form of contactless bracelet, with daily limit of 50PLN (~12€). His card has no CVC code, so he cannot use it for payments on the internet. (there is an option, to order a card with CVC, but I do not want to give him that much freedom).
Card has some benefits:
Some of his classmates also have cards.
I got mine at 11 but that was because I’m financially responsible, but I think 14 or 13 is the right age.
In Bulgaria, while kid accounts do exist, you generally get your first bank account at 14 years of age (then you become "непълнолетен", get an ID, start becoming somewhat liable for legal offenses, can stay up later and etc.).