How Old Do You Have to Be to Get a Debit Card?

A debit card is a convenient payment tool linked to a checking account. It facilitates everyday transactions, allowing purchases at merchants and immediate cash withdrawals from ATMs. This direct access to deposited funds offers a practical way to manage personal finances without incurring debt, as transactions are limited to the available account balance.

Minimum Age Requirements

Generally, individuals must be at least 18 years old to independently open a checking account and obtain a debit card. This age requirement stems from the legal principle that a person must be of legal age to enter into a binding contract with a financial institution, which minors typically lack the capacity to do. While 18 is a common standard, some bank policies may vary for specific account types or features.

This baseline age ensures that account holders are legally responsible for their financial actions and obligations. However, individuals under 18 are not entirely excluded from using debit cards. Financial institutions offer pathways and account structures allowing minors to access banking services, including debit cards, under adult supervision.

Obtaining a Debit Card as a Minor

Individuals under 18 can typically obtain a debit card, but this process requires the involvement of a parent or legal guardian. The adult acts as a co-signer or opens the account on the minor’s behalf, assuming primary legal responsibility. This oversight ensures responsible management of the minor’s financial activities.

Banks commonly offer several account structures suitable for minors. Joint accounts are a prevalent option, where both the minor and a parent or guardian are co-owners. This arrangement grants both parties access to the funds, though the parent usually maintains primary control and oversight through features like spending limits and transaction alerts. Another option is a custodial account. In these accounts, the minor is the beneficial owner of the funds, but the parent or guardian manages the account until the minor reaches a specified age, typically 18 or 21, depending on state law. Some financial institutions also offer specialized student or teen checking accounts designed specifically for minors, often requiring a linked parent or guardian account.

Specific documentation is required from both the minor and the adult. The minor needs their Social Security number or birth certificate for identification. The parent or guardian must provide a valid government-issued photo identification, such as a driver’s license or passport, along with their Social Security number and proof of address, like a utility bill. Some banks may also require a minimum initial deposit, which can vary but is often around $25.

The application process typically involves visiting a bank branch with the required documents, though some banks may offer online application options if the parent already holds an account with them. After completing the application and signing the necessary agreements, the debit card is either issued immediately or mailed to the account holder within a few business days. The parent or guardian often needs to activate the debit card.