Current by Discover - Teen Prepaid Debit Card
Card Type: Discover
Card Issuer: Discover
Card Category: Pre-Paid
Apply for Platinum BusinessCard with Unlimited Rewards
- Debit Card for Teens with Built-In Parental Controls; Set Daily, Weekly, and Monthly Spending Limits
- Restrict Teen Card Use in Unwanted Shopping Categories (e.g. Liquor Stores, Tobacco Stores, Hotels, etc.)
- Free Direct Deposit for Parents and Teens; Free Deposits from Any Credit Card of Bank Account
- $0 Fraud Liability Guarantee
- Withdraw Cash at ATMs
- Get Exclusive Discounts at Teen's Favorite Merchants
- Free E-Mail and Text Message Activity Alerts
- No Minimum Balances, Loading Fees or Credit Check
- Rating:
- Intro Rate:
- No Inductory Rate Available*
- APR (Cash):
- n/app
- APR (Purch):
- n/app
- Annual Fee:
- $0
Review
The Current by Discover - Debit Card for Teens is a prepaid debit card developed especially for teens, but with their parents in mind. This card helps parents and teens work together to set spending limits and establish responsible spending habits. Current by Discover is the only prepaid card that helps parents monitor their teens' spending. Parents can set up spending limits and restrict shopping categories. This gives teens freedom while helping their parents maintain control. Current by Discover offers free direct deposit for parents and teens, as well as free deposits from any credit card or bank account. Once money is added, teens can use the card to make purchases online, over the phone and in stores. The card can even be used at the ATM for cash withdrawals. Because money can be added quickly and easily, this is the ideal for use in emergencies. Plus, this card's $0 fraud liability guarantee makes it a safe way to keep and spend money. This card has a participation fee of $5 per month. Other fees, which are minimal, include $.50 per ATM withdraw (after the first four, which are free), $3 to replace a lost or stolen card, and $5 to receive a card statement by mail. Free card statements can be viewed online any time. There is no inactivity fee. Parents who are looking for a better way to control their teen's spending will appreciate the controls offered by Current by Discover, while teens will appreciate its flexibility and ease of use.
Most attractive features: free direct deposit; parental controls
Least attractive features: annual fee
Additional Perks: See website for additional benefits.
Rates & Fees
Introductory rate: No Inductory Rate Available*
Applied towards: None
Introductory Rate Details: n/app
Apr(Purchases): n/app
Apr(Cash Advances): n/app
Finance Configuration: n/app
Annual Fee: $0
Additional Cardholders: None
Grace Period: n/app
Minimum Credit Limit: n/app
Maximum Credit Limit: n/app
Late Payment Fee: n/app
Cash Advance Fee: n/app
Balance Transfer Fee: n/app
Important Notations: *See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Here" button, you can review the credit card terms and conditions on Discover’s website.
Rewards
First Purchase Bonus: n/app
Balance Transfer Bonus: n/app
Annual Bonus: n/app
Other Bonus: n/app
Bonus Details n/app
Reward Type: n/app
Optional Rewards: n/app
Minimum Rebate: n/app
Rebate Details: n/app
Maximum Rebate: n/app
Additional Rebates: n/app
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: n/app
Point Details: n/app