DPS < 18 (also known as DPS Junior) is a financial service offering from DPS designed specifically for teenagers aged 6 to 17. It is a financial service designed to help teenagers manage their money while providing the tools and education to encourage responsible financial habits. It is typically aimed at young individuals who are beginning to explore banking and personal finance. It provides young users with a safe, controlled environment to learn financial management skills while giving parents or guardians oversight of their spending and saving habits.
A secure account tailored for teenagers with parental oversight features.
Teens receive their own personalized debit card to make purchases and withdraw cash, often with spending limits set by parents.
Parents can set spending limits, receive notifications of transactions, and approve or block specific spending activities.
Options to save money, set goals, and learn the value of budgeting and saving for specific items or milestones.
Tools to monitor spending habits, helping teens develop budgeting skills and gain insights into financial behavior and discipline.
Resources or interactive tools to teach teens about money management, savings, and responsible spending.
Parents can send money to their child's account instantly and manage their financial support directly from their DPS app.
Parents can set chores, and on completion, the child will earn financial rewards.
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