5.00% on their savings
Unlike many traditional savings accounts, there are no monthly fees, no minimums, and no limits on when they can access their money. Must have a monthly qualifying direct deposit¹.
A card that builds credit history
Step is the only card that allows your teen to build a positive credit history² before they turn 18, without the risk of spending more money than they have or missing a payment.
Reward them for smart spending
Teach your kids that it pays to be financially responsible by setting them up with the card that rewards⁴ them for doing what they love --eating, streaming, gaming, and more.
Fast and safe payments
Skip the trips to the ATM and quickly send money – for emergencies, field trips, or just because. Automate allowances and decide how often you’d like them to get paid.
Investment tools for teens
Introduce your teen to the power of investing⁵ in a safe and controlled learning environment. With your permission, they can invest in stocks⁶ for just $1.
One app for the whole family
Add up to 4 family members to your Step Account, including your partner or another adult. Easily track all of your kids’ spending, saving, and investing activity from your app.
Safety and security features
Enjoy the peace of mind that comes from knowing Step makes it possible to block merchants, freeze Step Visa Cards, control international transactions, and monitor spend.
We know what you’re wondering
What does Step cost?
A Step Visa Card and deposit account doesn’t charge sign up or subscription fees! There are no hidden fees, no monthly fees, no in-network ATM fees, and no overdraft fees .
What about overdrafting?
Your child’s Step Account prevents them from spending more than what they have in their spending account so they aren’t at risk of paying pesky overdraft fees.
Does Step check my credit?
No! We ask for your SSN when you first open an account because federal regulations require us to verify your identity, but we don’t do any inquires against your credit.
Is Step secure?
Yes! Step has the same security features as any other major financial institution. All transactions are protected by Visa’s Zero Liability Protection.
84% of people
18-19 years old have
no credit history8
84% of people
18-19 years old have
no credit history8
With Step, your child won't be one of them.
With Step, your child won't be one of them.
"It helped drastically"
"I didn’t have a score before it but when I chose to opt in to credit reporting it helped drastically. It brought me from no established score to 735 in one night... My grandmother got it for me so she could pay for helping do chores and if me and my siblings decided to go anywhere."
John C., 18 years old
How Credit works with Step
Your child can use their Step Visa Card to make purchases up to the amount that is in their spending account. They can’t overdraft.
With Smart Pay, their purchases are automatically paid off every month using the funds in their deposit account.
When they turn 18, they can opt in for Step to report their positive credit history to the major credit bureaus.
Will Smith
Co-Founder at Dreamers VC
Investor Spotlight
“It was hard to find a banking platform that was intuitive and met our needs as a family. We’ve reinvested in Step because not only are their products built specifically for teens but they’ve started an important conversation around financial literacy that kids are actually engaged in.”
Got Questions?
Why choose Step over other options, like Greenlight?
Why choose Step over other options, like Greenlight?
There are no monthly subscription fees, no account minimum fees, no in-network ATM fees, no interest, and no overdraft fees. Plus, it’s the only card that allows your child to build a positive credit history.
What happens when my child turns 18?
What happens when my child turns 18?
Step is designed to support your child through adulthood. When they turn 18, they have the opportunity to become the sole owner of their Step Account and unlock new features, like credit reporting.
Is there a minimum age requirement?
Is there a minimum age requirement?
No! It’s never too early to start teaching your child smart spending and saving habits. If your child doesn’t have their own device, they can get started with a Parent Managed Account and switch to their own later on.
How do I get in contact with Step?
How do I get in contact with Step?
You can send us an email at hello@step.com or live chat with us right from your app. Simply log into your account, tap the menu icon, and select “contact us.”
What do I need to sign up?
What do I need to sign up?
All you need is a phone and a US residence. When we first open your Step Account as an adult, we ask for your SSN to verify your identity but we don’t use it to run a credit check.