The Teen Account is a free account in EUR with a free VPAY card. It provides your teen with a payment card which allows them to:
Teen Account: benefits for parents
Your child is aged between 12 and 18? If so, they can take advantage of the special terms and conditions offered by the ING Luxembourg Teen Account!
A weekly spending limit is set for the Teen Account
- This limit is defined by the parents at the opening of the Teen Account (0, 25, 50, 75, 100, 150, 250, 200, 750).
- By default, the spending limits are set by ING Luxembourg in accordance with children’s age.
- There is no credit line for the Visa CyberCard.
ING Luxembourg S.A. uses trade names to designate some services linked to a payment account and invites consumers to refer to the glossary provided in the General Terms and Conditions of the Bank and in the Pricing Extract in order to identify the corresponding terms on the standardised list of services.
The queen of cards. There are many different types and they offer many possibilities other than cashless payment, from differed repayment to additional guarantees on purchases.
3D Secure is an internationally recognised security standard for online payments. The service is limited in Luxembourg to credit cards.
If it’s true that when we shop in a store and handover physical cash, the pain of paying finds the act prompts more awareness about spending, and parting with cash may even hurt a bit more than swiping a bank card.
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