Banking for children

Nordea’s daily banking services for children allow your little ones to bank easily and safely. You can open a Netbank agreement and get a debit card for your child, for example.

Opening banking services for your child

When your child is old enough to do shopping independently, it is usually a good time to get them a debit card. When your child’s debit card is linked to a separate disposal account, you as their guardians can easily transfer money to the account, when needed, in your own Netbank or mobile bank.

If you get online banking codes for your child, they can see their account balance in mobile bank. You as the guardians decide which accounts your child is able to view in Netbank and whether they are allowed to make credit transfers themselves.

You can also set up digital payment services for your child if you so decide. Apple Pay and Google Pay allow your child to pay make mobile payments with their phone, while the Siirto app enables them to make quick and easy transfers based on phone numbers. Your child can start using digital services if they have online banking codes of their own.

Debit card for a child

Nordea Electron is a secure debit card for a child because the account balance is checked every time they pay with the card. In addition, you as the guardians get to set daily limits for withdrawals and purchases made with the card and geographical restrictions on the card. You will also decide whether your child’s card can be used for online payments. To change these settings, please contact Nordea Customer Service.

If you apply for a Nordea Electron card for your child online, a new disposal account will automatically be opened and the card will be linked to this account. If your child already has a disposal account to which you want to link a new card, please order the card by calling Nordea Customer Service. Minors can also have a parallel card to their parent’s credit card with the consent of both parents. You can order the parallel card for your child when they have turned 15, have their own account and are living in the same household with the principal card holder.

If your child has online banking codes, you can apply for the parallel card by calling Nordea Customer Service, tel 0200 70 000. If they do not have online banking codes, you can order the card in branch.

E-identification and Netbank for a minor

You can conclude a Netbank agreement for a minor with the consent of both guardians. You can do this online or by contacting Nordea Customer Service after both guardians have authenticated their identity with their online banking codes and approved the agreement. Setting up Netbank is also possible in branch. If both guardians cannot be present at the branch, you will need to obtain a power of attorney from the other guardian. You will also need to bring your child with you, as online banking codes can only be handed over to them in person.

The e-identification service can be used to log in to third-party online services, such as My Studyinfo and Kela’s e-Services, and to make online payments. The service must always be opened in branch. Guardians can give their consent to setting up the e-identification service for a child by contacting Nordea Customer Service.

Both your child and you as the guardians are responsible for the safekeeping of your child’s card, PIN and online banking codes. Services opened for your child are personal and may not be used by others.

Secure and easy payment services for your child

Nordea Electron is your child’s first debit card.

In mobile bank and Netbank, your child can view their account balance.

Your child can use Apple Pay and Google Pay to make mobile payments.

With Nordea Wallet, your child can track their account balance and purchase history.

The Siirto app allows your child to transfer small amounts of money to their friends.

When your child has online banking codes, e-identification and the code app, they can shop online and log in to third-party online services, such as My Studyinfo or My Kanta Pages.

Open a bank account and receive a baby gift

When you open an account for your child who is under 6 months old and certain criteria for opening the account are met, we will give your child a gift.

Read more about opening an account and receiving a baby gift

Saving for your children

By saving even a small sum regularly you can build a nest egg for your child’s future.

Read more about saving for your children

On the cusp of adulthood

Many things change when a young person turns 18 – also regarding their banking services.

Read more about banking services for people aged 18 or older