Exactly!
I did this for two years and it’s a Swizz. Like I said, cancelling it is a pain in the hole.
The selling point of the card is that the kids name is on it and they can pick a picture like a cute dog. £3 a month going god knows where and cards like Revolut offer a similar service with no charge. Go Henry take money from your bank account to top up the parent account which then puts money in the kids account. It’s annoying.
Over the age of 11 kids can have a bank account. My kid now has a Lloyds account and guess what, they don’t charge me £3 a month for the privilege!
I did this for two years and it’s a Swizz. Like I said, cancelling it is a pain in the hole.
The selling point of the card is that the kids name is on it and they can pick a picture like a cute dog. £3 a month going god knows where and cards like Revolut offer a similar service with no charge. Go Henry take money from your bank account to top up the parent account which then puts money in the kids account. It’s annoying.
Over the age of 11 kids can have a bank account. My kid now has a Lloyds account and guess what, they don’t charge me £3 a month for the privilege!