Benefits of a children's bank card

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The most important advantage of the card is that it helps to store funds in almost any life situation.

The advantages of a children's bank card also include:

Possibility of remote replenishment of the account. If the child suddenly needs money, it is enough just to replenish the card with the required amount. He will receive the funds literally a minute after the operation, which saves a lot of time.

Having your own e-mail account. Together with the plastic card, the child also receives a personal account in the remote banking system. This function helps him to control the amount of funds in the account, carry out online transactions, and also connect the accumulation function. In addition, he can independently order a reissue of the card or block it, change the PIN code, reduce or increase the limit for online transactions.


BankID is a progressive banking feature that makes it easier to identify a person on government websites. A child of senior school age will be able to independently order various types of services from the state.

For example, he can vote for the Public Initiatives Budget project or for any school work, get free legal assistance, or create his own petition to the local government, government or president.
Parental control. A bank account for a child is inextricably linked with the electronic account of his parents. Therefore, they can control the movement of funds on the card, block suspicious transactions, increase or decrease the online payment or withdrawal limit.

You can even set up automatic payments from your account to your child's account, topping up the card in equal amounts weekly or monthly. Most importantly, you will be able to control exactly what and where the child spends his savings, which is almost impossible to do with paper money.


Financial independence. The child himself plans his expenses and learns to spend money rationally.


Saving. The child can store money donated by friends/relatives on the card and collect it for valuable purchases.


Hygiene. A huge number of various bacteria collect on the surface of cash during use. Therefore, in times of a pandemic, partial or complete waiver of cash will help keep the child healthy.

You should weigh all the pluses and minuses and get acquainted with the services of this https://askwallet.io/gohenry company. I am sure that this will be useful for you and help you make the right choice.

 

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