Get A Prepaid Debit Card
Sending your adult child off to college is an adventure for everyone. Your son or daughter gets to sprout his wings while you and your spouse have one more thing to worry about: just how is your child managing at a school two time zones away from your home?
Carrying cash around on campus is a risky proposition one that could make your adult child vulnerable to thieves.
Hey, things do happen! Instead of cash, why not consider a student credit card? Oh, you don't want to give your son or daughter that much leeway? Well then, consider a prepaid debit card as an alternative as they are something that is affordable, safe, and very convenient.
Student credit cards are a common option for many students away at school. However, many students have a difficult time managing their money and spending can get out of control. Instead, a prepaid debit card offers the same convenience and safety as a credit card and they are accepted wherever credit cards are accepted.
When using a prepaid debit card it allows you to be in charge of how much your child can spend. Like a credit card most prepaid debit cards come with a VISA or MasterCard label, so they are instantly recognized and accepted almost anywhere. No looking around for change and no worries about carrying a lot of money.
You can have your adult student charge her books, pay tuition, buy clothing, or do any other type of transaction she wants. When she wants cash she can even go to an ATM for a withdrawal.
Most prepaid debit cards do not charge annual fees nor do they charge you to set up an account. Some do not even require a credit check so if your adult child has had a problem with credit in the past, it won't hamper her approval.
Some prepaid debit cards allow for transfers of funds to other cardholders and they all can be quickly replenished usually with a click of the mouse to your linked account. Still others offer online bill paying and an overdraft safety protection service.
Best of all you can keep track of the prepaid debit cards usage by checking the handy monthly statements available to you online. No worrying about paperwork not arriving in the mail; your account is updated instantly and every transaction is posted online.
Yes, a prepaid debit card is a great option for some students. Equip your daughter or son with a prepaid debit card before they head off to college.
Carrying cash around on campus is a risky proposition one that could make your adult child vulnerable to thieves.
Hey, things do happen! Instead of cash, why not consider a student credit card? Oh, you don't want to give your son or daughter that much leeway? Well then, consider a prepaid debit card as an alternative as they are something that is affordable, safe, and very convenient.
Student credit cards are a common option for many students away at school. However, many students have a difficult time managing their money and spending can get out of control. Instead, a prepaid debit card offers the same convenience and safety as a credit card and they are accepted wherever credit cards are accepted.
When using a prepaid debit card it allows you to be in charge of how much your child can spend. Like a credit card most prepaid debit cards come with a VISA or MasterCard label, so they are instantly recognized and accepted almost anywhere. No looking around for change and no worries about carrying a lot of money.
You can have your adult student charge her books, pay tuition, buy clothing, or do any other type of transaction she wants. When she wants cash she can even go to an ATM for a withdrawal.
Most prepaid debit cards do not charge annual fees nor do they charge you to set up an account. Some do not even require a credit check so if your adult child has had a problem with credit in the past, it won't hamper her approval.
Some prepaid debit cards allow for transfers of funds to other cardholders and they all can be quickly replenished usually with a click of the mouse to your linked account. Still others offer online bill paying and an overdraft safety protection service.
Best of all you can keep track of the prepaid debit cards usage by checking the handy monthly statements available to you online. No worrying about paperwork not arriving in the mail; your account is updated instantly and every transaction is posted online.
Yes, a prepaid debit card is a great option for some students. Equip your daughter or son with a prepaid debit card before they head off to college.