Starling Bank teen account review
- Account fee
- £0
- Interest (AER)
- 3.25% AER
- Overseas card transactions
- £0
Our verdict
Looking to set your teenager up with a bank account? Find out what the Starling teen account has to offer.
The Starling Bank teen account has a lot going for it and could be a great option if you want to encourage your teenager to get better at managing their own money. Managed by an app, it's easy to use and allows teens to easily keep track of what they're spending. What's more, thanks to its Savings Spaces feature, your teen can also learn more about saving up for what they want.
Although there is no option to go into a bank branch to carry out transactions, account holders can still withdraw cash and make payments at any Post Office branch.
If this account is not for you, you can check out our guide to best bank accounts for teens for more information.
Pros
-
Account is free to open and operate
-
Interest is paid on in-credit balances
-
App is packed with features to help young people better manage their money
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24/7 customer support
Cons
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Account can only be operated via the app
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Your teen will need to have a mobile phone
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Only available to 16 and 17 year olds
Details
Product overview
| Account name | Current Account - Age 16-17 |
| Provider | Starling Bank |
| Account fee | £0 |
| Interest (AER) | 3.25% AER |
| ATM withdrawal limit | £300 |
| Debit network | Mastercard |
| Card type | Cash / Debit |
| Minimum eligibility age | 16 Years |
| Minimum operating balance | £0.01 |
| Minimum opening balance | £0 |
| Direct debits | |
| Current account switch guarantee | |
| Cheque Book |
Fees
| Currency conversion withdrawal for overseas cash withdrawal in Europe (EEA) | £0 |
| Currency conversion withdrawal for overseas cash withdrawal in non-Europe (EEA) | £0 |
| Foreign cash transaction fee in Europe | £0 |
| Foreign cash transaction fee in rest of world | £0 |
Overdraft information
| Arranged overdraft available |
Digital-only Starling Bank’s teen account is designed with young people in mind. Managed via mobile phone, the account can be applied for in a matter of minutes and offers a range of nifty features and spending tools to help your teenager keep track of their spending.
What is the Starling Bank teen account?
The Starling teen account is an app-based bank account for 16- and 17-year-olds. It comes with a Mastercard debit card, but it also allows account holders to use Apple Pay, Google Pay and Samsung Pay if they forget to bring their bank card out and about with them.
How does it work?
The Starling Bank teen account offers the following key features:
- A single app for spending, saving and earning money
- Instant payment notifications
- Spending insights so you can see what you’re spending and where you might want to cut back
- Savings Spaces to help you put money aside for clothes, trips, tech or whatever else takes your fancy
- Make instant payments to friends and settle IOUs by sending payment links from your mobile
- 24/7 customer support
- Pay cash in or withdraw money at any Post Office branch
Who is the Starling teen account for?
The teen account is for those aged between 16 and 17 years old. If you have a child younger than 16 years old, Starling Bank also offers a debit card called Starling Kite, which is connected to a parent or guardian’s current account.
How to sign up
Signing up for the Starling teen account can be completed in around 5 minutes – just follow the steps below:
- Download the Starling bank app from the Apple App Store or Google Play Store
- Enter your phone number and the verification code you’ll be sent
- Create an account by entering your name, date of birth, email address and current home address
- Verify who you are by recording a short selfie video and taking a photo of your passport ID
Is the Starling teen account safe?
Starling Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. This means that your money is protected by the Financial Services Compensation Scheme (FSCS) in the event the bank goes bust. Deposits of up to £85,000 per person, per banking institution are covered.
Customer service information for The Starling Bank teen account
| Email support | |
|---|---|
| Telephone support | |
| In-app or live chat | |
| Contact form | |
| Branch support |
Frequently asked questions
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