The Visa debit card for kids and teens from DKB in comparison
By opening a u18 checking account at Deutsche Kreditbank, children and teenagers receive their own credit card. This allows them to learn early on how to manage money safely and handle their pocket money. Whether the DKB u18 account is worth it for your child can be found on this page: We have summarized the most important information about the DKB children's and youth credit card, payment options, foreign use, security standards, and much more for you.
At what age can you get a youth account at DKB?
Conveniently, DKB does not have a minimum age for opening a u18 checking account. An account can be opened even before the first year of life is completed. Since the child's account is linked to an already existing account of the legal guardians, they are free to decide when to open an account for their child.
How do I open the u18 checking account at DKB?
Since the u18 checking account is a children's account that must be linked to a guardian's account, the child's parents must already be DKB account holders. If this is the case, the application for a u18 account can be easily submitted online in a few steps. Simply log in to the DKB website and fill out the online application for a children's and youth account. After the required verification documents have been submitted and reviewed, you will receive the debit card for your child by mail within a few days.
Free credit card for children and teens at DKB!
When opening a u18 account at DKB, children and teenagers receive a free Visa debit card to manage their money. Below we have compiled the most important information about the DKB children's Visa debit card for you.
The benefits of a debit card
Debit cards work similarly to regular credit cards. However, what sets them apart is that debit cards must always be loaded with money before use. To use the debit card, it must first be loaded via transfer. The advantage here is that the account cannot be overdrawn, and your child can only spend the amount that has been loaded onto the card. This prevents the accumulation of debt.
Withdrawing money with the DKB children's credit card. Also abroad?
Since the DKB children's and youth debit card is a Visa, your children can withdraw money wherever Visa is accepted. No additional fees are charged for withdrawals in euros. For withdrawals abroad in other currencies, no fees are charged once the "active status" is achieved. This status is automatically granted when at least 700 euros are deposited into the account monthly. If less than 700 euros per month are deposited, a currency conversion fee of 2.20% of the withdrawn amount is charged for withdrawals in non-EU countries.
Where can my child pay with the DKB Visa debit card?
With the DKB u18 debit card, children and teenagers can pay worldwide wherever Visa is accepted. Online purchases are also no problem. Additionally, the u18 debit card can be used with apps like Apple Pay and Google Pay.
Saving with the DKB children's account
The DKB children's account also offers many saving options. You can choose between different options for managing your children's money, including a savings account with attractive interest rates of 3.5% p.a. for safe savings or the u18 deposit account for long-term investments. However, fees are charged for maintaining the deposit account.
Security for parents and children
For parents, the safety of their children is of utmost importance, so DKB offers several security measures to protect their child's account. With DKB, you have full insight into your child's account via an app to monitor their financial development and identify unauthorized withdrawals. Additionally, the "Card Control" feature allows you to manage and control your child's card anytime, such as temporarily blocking it through online banking when not in use.
To find the right credit card for their children, parents should compare several providers. Find out what you need to consider in our guide!
