Business · Economy · 3 hrs ago
Brazilian banks offer accounts for children with parental controls
Brazilian banks offer accounts for children and teenagers, usually opened by a parent or guardian and linked to that adult.
Depending on the bank, young users can make Pix payments, use a debit card, receive a scheduled allowance or set money aside for goals.
Parents can often check balances and transactions, get alerts and set spending limits.
Most of the accounts described have no opening or maintenance fee, and generally do not include credit cards or overdrafts.
The age rules and features differ: many accounts are for ages 0 to 17, while Itaú's option is for children of eligible customers aged 8 to 17.
These accounts can give children a practical first experience with money, but they do not replace financial education.
Families can compare the banks' rules and features before choosing an account.
Brazilian banks offer accounts for children and teenagers with features such as debit cards, Pix payments and parental controls.
Accounts are generally opened by a parent or guardian and linked to that adult.
Parents can often monitor balances and transactions, receive alerts and set spending limits.
Some accounts allow scheduled allowances or savings for goals, while most do not offer overdrafts or credit cards.
The article says these accounts can introduce children to money management but do not replace financial education.
- Who
- Brazilian banks offer the accounts to children and teenagers, with parents or guardians involved.
- What
- Banks provide accounts with features including parental monitoring, spending limits and, in some cases, scheduled allowances.
- When
- The article was published on October 12, 2026.
- Where
- Brazil.
- Why
- The accounts can give children an introduction to managing money.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- BB Cash age range
- 0 to 17
- nextJoy age range
- 0 to 17
- C6 Yellow age range
- 0 to 17
- Itaú Conta Filhos age range
- 8 to 17
- Parental controls
- Balance and transaction monitoring, alerts and spending limits are available across the listed account options.
Sources
Related news
CSN agrees to sell German steel plant for €550 million
Brazilian household spending is expected to slow sharply
Brazilian stocks jumped after the first round, but past elections brought declines after runoffs
Accounting skills are helping executives reach top leadership roles
Low fees are key to making small pension savings work in Brazil
Mega-Sena draws numbers for estimated R$112 million prize
R$112 million Mega-Sena prize could earn up to R$13.8 million in a year
Santander approves R$1.5 billion in payments to shareholders
AliExpress and Correios renew partnership to speed deliveries in Brazil
Quina contest 7139 draws numbers for a R$30 million prize
Brazilian homebuilders rise after third-quarter updates and lower interest rates
