Starling Bank Teen Account

What exactly is the Starling Bank Teen Account?

This Starling Bank Teen Account claims to have all the features a regular Sterling Account has, apart from accessing overdrafts or being eligible for loans. Customer at 16/17 years old, by using this account, can earn an 0.5% AER interest (note that such interest can apply for balances up to £2,000 while such interest is reduced to 0.25% AER on balances above £2,000).

Besides, if this debit card is used overseas, there are no fees for spending or cash withdrawals. The account also provides real-time notifications, as well as the ability to classify spending to track outgoings and set goals to encourage young customers to save. Starling users, besides, can now transfer money to each other by using Google Nearby technology. Other features of the app include the ability to freeze your Mastercard-issued card if it is lost, and unlock it if you happen to find it again; such card is also compatible with Apple Pay, Samsung Pay, Google Pay, Fitbit Pay and Garmin Pay.

Starling Bank claims the design is safer as key details like your name, card number and expiry date are more discreet – hidden at the back rather than on the front of the card.

For further information, please log on to https://www.starlingbank.com/current-account/bank-account-for-teenagers/