Thursday, December 15, 2011

What banks allow minors to get a debit card?

I am 16 years old and i have a job. I recently opened a checking account but they wont let me get a debit card until im 18. Does anybody know any banks that do allow minors to get a debit card?|||none, because you have to be 18 years old to enter into a legal contract. A credit card application is a legal contract.|||Bank of america|||There is a bank in Cherry Creek (Denver metro) Colorado called Young American's Bank and it does...don't know where you live but you might check them out and since you're employed get some help there.|||Bank of America does not...I work there.





Rules about this are set by Visa and Mastercard. Neither Visa nor Mastercard allow minors to have a card with their logo on it. Does that mean that it never happens? Hardly.|||If you're in The UK then Lloyds TSB have an under 19's account and they provide you with a debit card providing you are over 16.|||None that I can think of.|||Since you are a minor and cannot be legally held responsible for debts, the bank - any bank - will not issue you a debit (or credit) card.





Once you turn 18, you are no longer a minor and are considered to be responsible (and liable) for all debts contracted.

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