Both you and your teen will need to create separate StoreCash accounts. You will either send a sponsorship offer to your teen by signing up as an adult who wishes to sponsor or connect to your teen with a unique code you received from them.
Once your sponsorship offer is accepted, your information is verified and a bank account is opened in your teen’s name. Additionally, your teen will get a personalized Debit card tied to that bank account.
Once the bank account is approved you will be able to send money and get instant access to your teen’s spendings.
*StoreCash is a financial technology company, not a bank. Banking Services are provided by Piermont Bank, Member FDIC. The StoreCash Mastercard Debit Card is issued by Piermont Bank pursuant to a license from Mastercard International and may be used anywhere Mastercard Debit cards are accepted.