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How old do you have to be to have a debt card?

Updated: 8/17/2019
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15y ago

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Between 13 and 17, most banks will allow you to open a checking account and give you a debit card if you sign up with your legal guardian for a joint account, though some will let you get your own account if you want. You have to ask them, and if they won't let you get what you want, try another.

For credit cards, it's usually 18+.

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15y ago
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Q: How old do you have to be to have a debt card?
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Related questions

What is the difference between a debt card and a credit card?

The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.


What is total credit card debt?

Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.


How does a debt card work?

A debt card withdrawals money directly from your checking account.


What is credit card debt considered?

revolving debt


Where can I get advice on credit card debt solutions?

I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?


If a relative dies and you were paying their credit card debt for them and you are an authorized user of that card are you then responsible for paying off that card debt balance?

No.


How is getting out of credit card debt possible?

There are companies that offer assistance with getting out of credit card debt. It is possible to get out of credit card debt by carefully watching spending and managing income and expenses, then slowly paying off the debt.


Who is responsible for debt if a bank cancels a credit card?

The person who carried the card is still responsible for the debt.


Who is responsible for outstanding credit card debt if bank cancels your credit card?

You are because you incurred the debt.


Can a creditor collect on a credit card debt over 8 years old?

Probably; it depends on the laws where you live.


In English Law What happens to credit card debt after the death of The card holder?

The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.


Where can one find a credit card debt advice?

One can find credit card debt advice from a variety of different locations. You can try a debt counselling agency, blogs on cutting down on debt, debt forums and you can even ask your credit card for help too.