YouTrip has launched a family travel card in Singapore that lets children aged 7 to 18 spend under parental supervision.
The new YouTrip Family feature gives children their own physical card and optional app access, while allowing parents to manage spending limits, alerts and card security from their YouTrip app.
The feature is aimed at helping children build money habits through everyday spending, overseas payments and exposure to foreign currencies while travelling.
Parents can create and manage up to 10 child accounts at no additional fee.
Each account is set up using the parent’s Singpass verification, with the physical card activated by the parent after approval.
Children do not need to download the YouTrip app to use the card.
They can choose to access the app to view their balance and transaction history, with login tied to their registered mobile number and email address.
Access also requires two-factor authentication approval through the parent’s app.
Parents can top up balances, set low balance alerts, track transactions in real time, customise spending restrictions and lock cards instantly when needed.
Depending on the permissions set, children may also make peer-to-peer transfers, overseas ATM withdrawals, online transactions and in-app foreign currency exchanges, subject to predefined daily limits.
Caecilia Chu, Co-Founder and CEO of YouTrip, said,
“YouTrip Family felt like a very natural next step as we guide our children to smarter and more relevant ways of spending.
It bridges the gap we notice about traditional allowances and the digital world we live in today and gives parents a modern and secure way to introduce digital spending habits early, while helping children build financial independence at a young age, whether it’s at home or while travelling.”
Children using YouTrip Family will have access to the same exchange rates and zero foreign exchange fees available to YouTrip users across more than 150 countries.
YouTrip Family is available at launch to Singapore Citizens. Permanent Residents and other Singapore-based pass holders will be able to apply for child accounts from September 2026.
The company plans to explore more family-focused features across different generations and travel needs.
Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Magnific
