The content is accurate at the time of publication and is subject to change.

It's smart to make sure your daughter is covered in case she gets into a tight financial spot, now that she's a teenager and likely to be away from you more often. However, don't be too eager to give her a credit card. For one thing, most card issuers won't give a card to someone under age 21. Even to be an authorized user on your account, your child may have to be at least 18 years old; this varies from bank to bank. Some banks may let you add a minor child to your account, but others may not. A great compromise you can make is to give your daughter a prepaid card. This is a card that acts like a credit card, but isn't one. It's closer to a debit card, because it uses money that's already loaded onto the card, just like a debit card uses money from your bank account. There are many great prepaid cards available; shop around and find one with low fees for your daughter today.

tags : Prepaid Cards Shopping Store Cards

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.