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Teens have to learn not to overspend simply so they can earn additional rewards.

Other perks of the card include no-fee early direct deposit, free in-network ATM withdrawals, fraud protection, as well as 90-day purchase protection on purchases up to

Teens have to learn not to overspend simply so they can earn additional rewards.Other perks of the card include no-fee early direct deposit, free in-network ATM withdrawals, fraud protection, as well as 90-day purchase protection on purchases up to $1,000.

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Teens have to learn not to overspend simply so they can earn additional rewards.

Other perks of the card include no-fee early direct deposit, free in-network ATM withdrawals, fraud protection, as well as 90-day purchase protection on purchases up to $1,000.

What we don't like: The card comes with a $7.95 monthly fee.

You'll have to spend more than $795 each month to breakeven on the fee and get value from your rewards.

What we like: Teaching teens to build good savings habits is just as important as helping them learn to develop good spending habits.

Opening a Mango Prepaid Mastercard gives teens the option to also open a savings account with up to 6% Annual Percentage Yield (APY) and the option to make six transfers out each month.

The Mango Prepaid Mastercard doesn’t charge a fee to sign up, activate, or load funds via bank transfer.

Other fees are minimal: $5 monthly, $3 to withdraw from an ATM. Teens can manage their account with a smartphone app.

,000.

What we don't like: The card comes with a .95 monthly fee.

You'll have to spend more than 5 each month to breakeven on the fee and get value from your rewards.

What we like: Teaching teens to build good savings habits is just as important as helping them learn to develop good spending habits.

Opening a Mango Prepaid Mastercard gives teens the option to also open a savings account with up to 6% Annual Percentage Yield (APY) and the option to make six transfers out each month.

The Mango Prepaid Mastercard doesn’t charge a fee to sign up, activate, or load funds via bank transfer.

Other fees are minimal: monthly, to withdraw from an ATM. Teens can manage their account with a smartphone app.

The ability to check their account balance online or through a mobile app is also a plus.Each prepaid card can be managed from within the Akimbo app. Additional subaccount cards have a one-time fee of .95 each.Each card can be enabled and disabled from within the app and parents can receive a text update after each update.What we don't like: If your account is inactive for 12 months, you’ll pay a .95 fee beginning in the 13th month.What we like: The Movo Virtual Prepaid Visa puts online shopping safety first by allowing users to create a secondary disposable account number that can be used to make online transactions.

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