Is the step card legit?
Step’s bank account itself is backed by Evolve Bank, so it’s FDIC-insured up to $250,000. Unlike Current, which charges a subscription to use its service, Step aims to be a fee-free bank for consumers. Users don’t have to pay for their account, and there are no fees for things like overdrafts.
Is Step a good credit card?
Step is a good choice for teenagers getting their first credit card and/or bank account. Since Step doesn’t charge credit card interest, has no fees and requires no minimum deposit, it makes it unintimidating for teenagers to start building their credit and to learn about spending, budgeting and finance.
