Current Discover Card

Regular APR: NA
Introductory APR: NA
Annual Fee: $0
Card Strength: Parental Controls
Credit Needed: Good

You’ll like giving your teen a more secure alternative to carrying cash. They’ll like the awesome designs and the convenience. You’ll both like the way it helps teach responsible spending and makes your money almost impossible to lose.

  • Get exclusive discounts at teen’s favorite merchants
  • Set daily, weekly, and monthly spending limits
  • Restrict teen card use in unwanted shopping categories (e.g. liquor stores, tobacco stores, hotels, etc.)

Intro Offer Free deposits from any credit card or bank account
Interest Rate N/A
Rewards Details Requires no credit check. Just $5 per month, per card or save $10 with an annual membership for $50. When opening account, deposit an initial amount of at least $20 to each card. Once you choose the plan, the fee will be assessed for each card at account opening.

  • No minimum balances, loading fees, or credit check
  • 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 & teens
  • Free deposits from any credit card or bank account
  • Get exclusive discounts at teen’s favorite merchants

Other Fees

  • $3 for a new card design or replacement lost/stolen card
  • $5 for copies of statements by mail
  • $0 inactivity or “dormancy” fee
  • Four free ATM transactions per month per card (each additional ATM usage is 50 cents)

Additional Benefits

  • Add money to the card for free
  • Online print-ready statements free
  • Built-in parental controls
  • Free e-mail and text message activity alerts

Online Account Management Yes
Consumer Protection

  • $0 fraud liability guarantee

In Short: Unique Debit Card for Teens with Parental Controls


Discover Card Miles Card

Introductory Offer of 1000 bonus miles each month you make a purchase
Introductory Interest Rate of 0% for 6 months

10.99% – 18.99% variable on purchases
Balance Transfer 0% Balance Transfer rate for 12 months
Balance transfer fee: 3% for each transfer made under this offer
Cash advances available @ 23.99%
Cash advance fee is 3% for each cash advance ($5 minimum, $50 maximum).

Rewards Details

  • 1 mile for every $1 spent
  • Double miles on your first $3000 in restaurant and travel purchases
  • 1000 bonus points each month you make a purchase
  • Unlimited rewards never expire
  • Redeem miles for travel credits to your account, gift cards from any of our 80 brand-name partners or cash starting at just 5,000 miles.

Additional Benefits

  • Global travelers hotline
  • Air travel accident insurance
  • Car rental insurance
  • Reliable, effective customer service
  • Online Account Management

Consumer Protection

  • Complete fraud protection

In Short: No annual fee and 1000 monthly bonus points