For parents

Order a Debit Card Plus for your child

Card may be lost, but the money will not. Your childs money is safe with a debitcard and with a card your child will be able to learn how to manage their money.

  • You can apply for a bank card for a child who is at least 6 years old
  • The first card is free of charge
  • No monthly fee for the card until your child turns 20
  • Contactless payment and Internet shopping options available
Apply for card

Why order a bank card for your child?

  1. Paying with a card is safer than using cash as the money will stay safe even if you lose the card.
  2. Since the parent has the chance to monitor their child’s expenses and assign a daily or monthly limit for the card, the child can learn to use electronic money under the watchful eye of their parent.
  3. The first card is free of charge and with no monthly fee until your child turns 20.
  4. Like adults, children also earn reward points with every payment they make. If your child has an Internet Bank Agreement, they can order gifts or make donations to those in need using their points.
Convenient opportunities
  • Contactless payment option
    You can enable the contactless payment option for your child’s card. You can activate and deactivate this option at any time by notifying the bank. The contactless payment option allows you to pay for purchases of up to 10 euros without having to enter your PIN.
  • Internet shopping
    You can also enable the Internet shopping option for the card. This requires your child to have an Internet and Mobile Bank Agreement and you also need to activate the Internet shopping option in the Internet Bank if you feel that they are ready for this.
Quick and easy
  • Account balance
    They can perform simple transaction by themselves – for example, checking their balance quickly and conveniently on their phone.
  • Ask for money
    If they run out of money, they can let you know by using the ‘ask for money’ function that enables you to send them a small amount just as easily.

Why would your child need the Mobile Bank?

We recommend that you sign your child up for our Mobile Bank as soon as possible to help them navigate in the digital world from an early age. Your child needs to be at least 7 years old to start using the Mobile Bank.

Mobile application for iPhone:
Mobile application for Android:

Your child’s future

  • The time when your child starts out on their own may seem a long way away at the moment, but in order to ensure that their dreams aren’t shattered because of money, it’s a good idea to start thinking now about how to make the higher costs they will incur possible.
  • For example, the living and study costs of a student for obtaining high-quality education in Estonia are currently 600 euros per month on average.
  • Your child may also need your help to buy a home, study abroad, etc.
How to start saving
  • College Fund+
    One of the options for saving money for your child is College Fund+, which allows you to save money over a longer period.
  • Other saving options
    Alternatively, you can save money for your child by opening a separate account or deposit. Another option is to use the 3rd pillar pension fund or to create a Private Portfolio.

How to open an account and order a card

If your child is younger than 6
  • You can open an account for your child right after they are born.
  • This requires you to fill in a form.
  • You also have to sign the agreements at one of our branches. Please remember to bring the child’s birth certificate and your ID with you.
Read more

If your child is 6 or older
  • For children 6 years and older, an account and bank card can be opened at the same time. If your child already has an account, a card can simply be ordered and linked to this.
  • In order to open an account and/or order a card, fill in a form in the Internet Bank.
  • You also have to sign the agreements at one of our branches. Please remember to bring the child’s birth certificate, child’s ID card and your ID with you.
  • If your child wants to open an account or apply for a card in person, they must have the authorisation from their parent that may be done by sending bank message.
  • Up to the age of 18 the child’s account is linked to the account of their parent or legal representative.
  • You can only enter into Internet and Mobile Bank Agreements at one of our branches and your child must be at least 7 years old.

Apply for card

For children, being able to use their own money is a big and exciting step towards becoming a grown-up. Getting their first bank card feels special and using electronic money takes practice to start with. Here you will find some useful tips that will help children handle money in the right way.

  • Always set a little aside for a rainy day

    Never spend every last cent you have – you never know when you’ll need money for something. This is the number one rule when it comes to money. It is the one that people everywhere follow: families, businesses, even governments. In terms of saving money, in fact, Estonia is an example to a lot of other countries.

  • Always keep track of how much money you have

    That way you’ll always know how much you can spend. If you don’t have much left, don’t waste it on sweets – save it up. You can always check an ATM or the Mobile Bank to see how much money you have. If you don’t know how, ask your parents to show you.

  • Wherever possible, pay by card

    Paying by card is always safer than paying in cash. If you carry a card instead of cash, you’ll still have your money even if your wallet’s stolen. Nobody can take your money from your bank card. Your parents undoubtedly pay by card wherever they can – most people dislike carrying a lot of loose cash around in their pockets, after all. And in Estonia you can pay by card pretty much everywhere.

  • Never tell others about your money matters

    Money’s a very personal thing. It’s not something you should boast about; nor should you ask other people about it. Another reason not to brag about having money is because other people might then want to try and get your money for themselves.

  • Memorise your PIN and keep it to yourself

    Think of your PIN as your little secret. Never write it down anywhere and never tell anyone else what it is – otherwise other people could get their hands on your money. You can share your PIN only with your mum and dad.

  • Save your money for things you need

    If you want to buy a new phone, bicycle or something else exciting, don’t waste your money on sweets – save it in your account. Adults save money for the same reason: if they want to buy a new TV, for example, or a new car.

  • If you lose your bank card or if it is stolen, tell your parents right away

    They can make sure your card is closed so that no one gets their hands on your money. They can also ask the bank to issue you with a replacement card. That said, you should always take very good care of your card and try not to lose it in the first place.

  • The best place for coins is in a piggy bank

    Coins may be small, but they’re big in value. So once your piggy bank’s full, bring it in to the bank. You can come in with your parents or by yourself. The bank assistant will help you put them in your account, and this way you can keep saving. And once you’ve saved enough, you can buy yourself something great. Saving money is important, because it means you’ll always have a little something set aside for a rainy day.

  • If the ATM eats your card, tell your parents right away

    That way your parents can go to the bank and get you a replacement card so you can keep using your money.

  • Always ask your parents for advice if someone asks to borrow money

    If someone wants to borrow money from you, always ask your parents for advice. It doesn’t matter how much they want to borrow. Lending people money is a big deal and you should always discuss it with your parents. They’ll tell you whether they think it’s a good idea or not.

As handling electronic money takes some getting used to, you should also teach your child how to navigate in the digital environment from an early age. Here you will find some useful tips that will help children get prepared.

  • Always set a screen lock for your phone or smart device

    If you leave your house, what do you do? You lock your door. This is why your computer is protected by a password and your bank card by a PIN – so that no one can access your personal things. Your phone is like a house where your keep your personal things: the phone numbers and pictures of your friends, personal text messages and e-mails and, as you get older, your finances. Therefore, you need to keep your phone locked when you’re not using it.

  • Create a safe password containing numbers and upper- and lowercase letters

    A safe password has at least eight symbols and alternates between upper- and lowercase letters and numbers. Here’s a tip for creating a password: choose your favourite song and write down the first two lines.

    Example: Twinkle, twinkle, little star, how I wonder what you are

    1. Write down the first letter of every word: ttlshiwwya.
    2. Now alternate the upper- and lowercase letters: TtLsHiWwYa.
    3. Replace some of the letters with numbers: E = 3, S = 5, I = 1, B = 8, G = 6.
    4. TtL5H1WwYa – this is a safe password that you will always remember because of the song.

  • Use different passwords on different sites (e.g. e-mail and social networks)

    It’s not a good idea to think up one password and use it everywhere. If somebody guesses your password, they will have access to everything protected by that password.

  • Don’t open e-mails, links or pictures sent by strangers

    Never download unknown files or answer unknown calls or e-mails until you have talked to your parents or adults you trust. Even a short online survey or an e-mail could be a scam to get your personal details.

  • Download apps safely and from official app stores

    Download apps from official app stores like App Store or Google Play. If you download apps from unknown stores, you are at greater risk of planting malware or viruses on your smart phone. Before downloading and installing, check how many times the app has been downloaded, what the ratings are and what other users have written about it.

  • Maintain your privacy and never give out your personal details online

    There are two types of information: personal and optional. How do they differ? Public information allows others to get to know you. If you say what your favourite food or animal is, you are showing your preferences. Personal information is characteristic of you alone – for example, your name, personal identification code and passwords.

    Privacy is your ability to control the information obtained by others. This may include your personal details, confidential messages or online activity. Personal details that are revealed carelessly (or acquired by fraud) may lead to identity theft, which means that someone buys goods and services or even commits criminal offences or misdemeanours in your name.

  • Recognise cyber bullying and report it to your parents or teachers

    Cyber bullies use modern ways to get at other people via smart phones or computers. There are various kinds of cyber bullying. Offending somebody is forbidden – both online and in real life. Don’t say things via a text message or e-mail or in social networks that you wouldn’t say face to face.

  • Browse safely online and don’t open websites or links that seem suspicious

    There are all sorts of dangers on the Internet: bogus websites stealing user names and passwords; adult content in search results; spam; suspicious links; and proposals made in chatrooms or social networks. Ask your parents how to recognise inappropriate and dangerous content.

  • Be careful about what your post on the Internet – it will stay there, and it’s hard to delete

    Everything you write (e.g. social media, comments and forums) or upload (pictures and videos) on the Internet will still be there even after you delete it. Information that is uploaded to the Internet is available to everyone. Even if a website has shut down, the information that was stored there can later be found by using a search engine. The information you’ve posted on the Internet may be searched for by your friends but also by your future employers or a school you’re trying to get into. Would you like it if a recklessly written story or uploaded picture embarrassed you later on in life?

  • Act responsibly

    Using the Internet may lead to various consequences, some of which may be extremely serious. That’s why you must follow the rules that you have agreed on with your parents. Inappropriate behaviour on the Internet could cause you financial damage, harm your reputation and lead to actual punishments.