Help them get ahead with the only card that allows kids and teens under 18 to build positive credit history1 while developing smart spending habits.
Step is the only card that allows your child to build a positive credit history before they turn 18. Good credit can save them serious money when they take out a student loan, finance a car, or rent an apartment.
They can set goals, round up purchases to save spare change, and get money back when they use their Step Visa Card at select merchants. The more ways to save, the better.
Your child can earn cashback and crypto4 rewards5 when they use their Step Visa Card for some of their everyday spending. It pays to be financially responsible.
Skip the trips to the ATM and instantly send money to your child – for emergencies, field trips, or just because. Automate allowances and decide how often you’d like their payout to hit.
"Add up to 4 family members to your Step Account, including your partner or another adult. Easily track all of your kids’ spending and saving activity from your app.
Introduce your child to the power of investing in stocks and crypto for as little as $1. Starting with bitcoin, they can earn, buy, and sell in a controlled environment.
A Step Visa Card and deposit account doesn’t cost anything! There are no hidden fees, no monthly fees, no in-network ATM fees, and no overdraft fees.
Your child’s Step Account prevents them from spending more than what they have in their spending account so they aren’t at risk of paying pesky overdraft fees.
No! We ask for your SSN when you first open an account because federal regulations require us to verify your identity, but we don’t do any inquires against your credit.
Yes! Step has the same security features as any other major financial institution. All transactions are protected by Visa’s Zero Liability Protection.
With Step, your child won't be one of them.
"I didn’t have a score before it but when I chose to opt in to credit reporting it helped drastically. It brought me from no established score to 735 in one night... My grandmother got it for me so she could pay for helping do chores and if me and my siblings decided to go anywhere."
John C., 18 years old
“It was hard to find a banking platform that was intuitive and met our needs as a family. We’ve reinvested in Step because not only are their products built specifically for teens but they’ve started an important conversation around financial literacy that kids are actually engaged in.”
Your child can use their Step Visa Card to make purchases up to the amount that is in their spending account. They can’t overdraft.
With Smart Pay, their purchases are automatically paid off every month using the funds in their deposit account.
When they turn 18, they can opt in for Step to report their positive credit history to the major credit bureaus.