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Typical High street bank* |
|---|---|
| Card from 8+ | Card from 11+ (or older) |
| Sign up online in 2 minutes | Sign up in branch |
| Get PIN In the Osper App | Wait for PIN by post |
| Support from a small friendly team | Support from a large call centre |
| Pre-paid debit card (no overdraft or credit) | Cashcard (ATM only) or debit card |
| Online spending controlled by parent | No ability to control online spending |
| Blocked in inappropriate merchants | Not usually blocked anywhere |
| Child's mobile banking App designed for children | No child's banking app or repurposed adult app |
| Osper parent App – simple, secure, designed for parents | No parent banking app |
| Invite family members to gift from the Osper App | Only from sender's online banking |
*Terms reviewed across a range of children's high street bank accounts.
Free for your first month, then from £2.50 per child per month.
Membership fee paid by parents not young people.
Cancel at any time at no cost.