Fidelity youth account correlation to credit
Summary of the user’s inquiry regarding credit scores and youth accounts:
- Main Problem: The user is concerned about whether using a Fidelity Youth Account impacts their credit score.
- Solution: Debit cards associated with the Fidelity Youth Account do not affect credit history or credit scores, as they are not credit cards.
This clarifies that the youth account’s debit card usage will not contribute to building credit.
Here’s the full thread
Is credit score at all impacted or invoked in the use of the youth account account
Thank you for reaching out to us, @kai! Happy to address your question regarding our Youth account.
Debit cards are available to owners of the Fidelity Youth Account, but because debit cards are not credit cards, debit card usage does not build credit history or credit score.
Let us know if you have any additional questions. We appreciate you for engaging with us on Discord! 🟢