Cash App Families Guide: How to Set Up a Teen or Child Account Step by Step - CNET

Kids and teens need to build healthy financial habits in a safe, secure way, and the first step is to practice managing money in an account of their own. Cash App [1] makes it fast, easy and convenient to give your child a head start on smart money management. You can open Managed Accounts for kids age 6-12 [2] or Sponsored Accounts for teens age 13-17 [3] right there in the app with the speed, convenience and security you already trust.

Here’s a step-by-step guide to sponsoring a teen on Cash App or setting up Managed Accounts for kids from the comfort of your couch.

How to sponsor a teen on Cash App

Parents with an eligible account can open a digital account for a teen age 13-17 in Cash App with just a few simple steps:

  • Under “Money,” tap “Family,” select “Get Started” and follow the prompts.
  • If your...

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