Debit Cards
Current Visa debit card review: perfect for teens!
In this Current Visa debit card review you will see how this card can help you teach your teenagers about money.
Advertisement
The earlier one learns about money, the better, and this card was designed just for that
It is one of the great parenting challenges to educate kids about money. This card comes to assist parents in that task. Check out this Current Visa debit card review.
How to get a Current Visa debit card?
In this Current Visa debit card application guide we are going to show you, step by step, how to get this card.
- Credit Score: N/A
- APR: N/A
- Annual Fee: $36
- Fees: 3% foreign transaction fee, $3 foreign ATM fee
- Welcome bonus: N/A
- Rewards: 15X points back in purchases with participating merchants.
Current is a financial technology company which offers financial products that give teens the financial freedom they crave with the visibility and security parents need.
With the Current Visa debit card kids can learn not only to spend, but also save and manage their money.
Current Visa debit card: how does it work?
The Current Visa debit card is an excellent tool for parents to easily pay their teenagers an allowance and monitor their spending.
With this card teenagers can make purchases, set savings goals, learn and practice good financial habits with the assistance of their parents.
The card allows you to easily and instantly transfer money to family and friends, schedule kids allowance in advance, and receive direct deposits.
It also makes it possible for you to take pictures of checks and add them to the account. There are even donation options which allow teens to send money directly to charities.
Parents also have the ability to set spending limits and block certain stores or categories, and have 24/7 access to their account.
The card does not carry a lot of fees. There is an annual subscription fee which costs $36 per teen. When you activate the account you have a 30-day free trial, and if you choose to keep the card, the fee applies automatically each year from then on.
There are only two additional fees which you incur in the event of an international trip where your teenager uses the card. There is a $3 international ATM fee and a 3% international transaction fee.
Local ATM withdrawals do not incur any fees from the Current Visa debit card. There might, however, be a fee from the bank.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Significant benefits and disadvantages you may find
Now you are familiar with the card’s details. However, without a clear comparison between its pros and cons, our Current Visa debit card review would not be complete.
Check out the list of benefits and disadvantages we have prepared for you below.
Benefits
- Easy and simple control for parents
- Robust mobile app
- Wide ATM coverage
- Excellent customer service
Disadvantages
- Limits to ATM withdrawals, daily purchases, and transactions
- $36 annual fee
- Limited rewards
Is a good credit score required for applicants?
The Current Visa debit card does not require applicants to even have a credit score.
Most debit cards, especially ones designed for individuals just starting their financial lives, do not require a credit score.
Learn how to apply and get a Current Visa debit card
So, do you like what you have seen in this Current Visa debit card review? If so, you might want to take the next step and open an account to get the card.
If you wish to do so, hit the link below, and we will show you step by step how to do it.
How to get a Current Visa debit card?
In this Current Visa debit card application guide we are going to show you, step by step, how to get this card.
About the author / Danilo Pereira
Trending Topics
GoVA Loans application: Learn about the hassle-free process to get your home loan!
Are you ready to make your dream of homeownership a reality? Check this application guide and get your GoVA Loans to achieve your goals!
Keep ReadingHow to join Wells Fargo Bank
Learn all the necessary steps to join Wells Fargo Bank and take advantage of its many products and services. Read on for more!
Keep ReadingHow to open your Bask Bank Mileage Savings account
In this article, we will show you how you can easily open your Bask Bank Mileage Savings account and start saving.
Keep ReadingYou may also like
Chase Sapphire Reserve review: earn points on travel and dining
In this Chase Sapphire Reserve review you will learn about this card's incredible bonus, benefits and perks. Check it out!
Keep ReadingUseful tips for traveling on a budget
Discover ways to enjoy your vacation without breaking the bank. Get expert tips for traveling on a budget with this comprehensive guide!
Keep ReadingBest Personal Loans for November 2022
Looking for the best personal loan for you? In this article we are going to tell you about the best personal loans in November 2022.
Keep Reading