Debit cards provide the convenience of a credit card. They pull money from your bank account instead of charging purchases for later payment. The convenience debit cards provide can make it easy to overspend. If overspending puts your account balance below zero, you'll probably have to pay overdraft fees. To convince your parents to get you a debit card on a new or existing bank account, demonstrate that you can be trusted with the responsibility.
Do Your Homework
Research bank account options online or reread the terms of your current account. Zero in on details that can help you sell you parents on the benefits of letting you have a debit card. Focus on information related to debit cards and check for fees, age requirements and optional features, like a daily spending limit.
Prepare a few talking points for a conversation with your parents. Put yourself in their shoes, think about their main concerns and plan responses to possible protests. As long as you're informed about your debit card options, this should be an easy discussion.
Talk with your parents but don't be surprised if their first answer isn't "yes." This is a big decision and your parents may need some time to digest the idea. While they make up their minds, begin to plan things you can do to show them how responsible you are.
Offer to track your expenses by setting and maintaining a budget. This can help demonstrate your ability to keep tabs on your earnings and spending. It's also good practice for tracking debit card usage in the future.
Show the results of your budgeting self-study to your parents and remind them of the best points of the debit-card options you presented. If you still get a "no" or a "maybe," put the discussion on hold for a couple of weeks and stick to your budget in the meantime.
Be patient. Revisit the subject of having a debit card every few weeks or months. Always provide your parents with updated information that addresses their concerns from previous discussions.
Ashley Mott has 12 years of small business management experience and a BSBA in accounting from Columbia. She is a full-time government and public safety reporter for Gannett.