At what age can a minor have a credit card?

Minors may be added to a parent’s credit card account as an authorized user as young as 13. Otherwise, they’ll need to be at least 18 with their own income in order to get a credit card in their name without a parent’s consent.

Is it better for a minor to have a debit or credit card?

A debit card can be a good stepping stone for a minor to learn how to manage money, without the risk of them creating debt. Once your child begins to learn the fundamentals of finance, you could add them as an authorized user to your credit card to help them learn how credit works.

Do all banks allow minors to have debit cards?

Every bank has its own policy with regard to who can have a debit card or checking account and whether that includes minors. If you’re unsure whether your current bank or credit union offers debit cards for minors, ask them. If the answer is no, you can look around for other banks that have teen or kids checking accounts that include a debit card. Prepaid cards may be another option.

Requirements for Business Credit Card

At What Age Can You Get a Debit Card?

https://www.sofi.com/learn/content/how-old-to-have-a-debit-card/

Table of Contents Why Do Debit Cards Have Age Limits? Do Minors Need to Have a Debit Card? Is It Possible to Get a Debit Card as a Minor? Benefits of Having a Debit Card as a Minor When Is the Right Time to Get a Debit Card? What to Look for When Choosing a […]

22 Essential Small Business Tax Deductions for 2025

https://www.sofi.com/learn/content/small-business-tax-deductions/

If you own a small business, one of the smartest ways to boost your profits is to make sure you are taking all the deductions you are entitled to on your taxes. Doing so can lower your taxable income and allow you to hold on to more working capital for your business. But the U.S. […]

How to Get a Small Business Loan in 6 Steps

https://www.sofi.com/learn/content/how-to-apply-for-small-business-loans/

Small business loans can be used to help grow your business, during tough economic times, or to get your business through a slow season. Knowing how to apply for a business loan is crucial in order to increase your chances of approval and speed up your funding time. This step-by-step guide on how to apply […]

Small Business Payroll Loans Defined & Explained

https://www.sofi.com/learn/content/small-business-payroll-loans/

It happens. Business is chugging right along — until it isn’t. You might have a slow month or two when you find it difficult to cover business expenses, including payroll. What then? How can you ensure your staff gets paid as your business gets back to normal? Fortunately, there are business loans you can use […]

Credit Unions vs. Banks

https://www.sofi.com/learn/content/credit-unions-vs-banks/

A credit union is a nonprofit financial institution that offers products and services similar to banks, such as deposit accounts and loans. However, it may have certain requirements for membership, such as living in a certain geographic area or working in a specific profession.If you are trying to figure out the kind of financial institution […]

“Requirements for Business Credit Card”

At What Age Can You Get a Debit Card?

22 Essential Small Business Tax Deductions for 2025

How to Get a Small Business Loan in 6 Steps

Small Business Payroll Loans Defined & Explained

Credit Unions vs. Banks

Student Loan Refinancing

Personal Loans

Online Investments

Other

Student Loan
Refinancing

Personal
Loans

Online
Investments