Yes. A Moneybase account can be opened for a minor, with consent from a parent or legal guardian.
Key things to know:
Parental/guardian consent is required to open and manage the account
The parent or guardian will manage the account until the minor turns 16 (or is legally emancipated)
Once the minor turns 16:
They take full control of the account
Parental/guardian access and authority are automatically removed
The account includes:
Free SEPA transfers
Moneybase card access (physical & virtual)
Eligibility for rewards and promotions
Online trading will only be enabled once the account holder turns 18, as required by law
How to open an account for a minor
If you are a legal guardian and would like to open a Moneybase account for a minor, simply email us at
support@moneybase.com and we’ll guide you step by step.