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Credit card for teens???
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<blockquote data-quote="recoveringenabler" data-source="post: 554219" data-attributes="member: 13542"><p>If you are looking to build a credit rating, what I'm about to say won't be helpful, however, I got my granddaughter her own debit card through Chase, which is attached to my account. It's called a teen account. I can transfer money into her account online easily and when there is no more money on her debit card that is it, she cannot go over. You can set it up so that if she goes over, it will be drawn out of a savings account, but I opted out of that. You can get text prompts too. She has the ease of a debit card to use, she can order stuff on line, I can transfer money at any time and I can see exactly what she spends. It's worked out really well for us. She's 16, but I got it for her when she was 15.</p></blockquote><p></p>
[QUOTE="recoveringenabler, post: 554219, member: 13542"] If you are looking to build a credit rating, what I'm about to say won't be helpful, however, I got my granddaughter her own debit card through Chase, which is attached to my account. It's called a teen account. I can transfer money into her account online easily and when there is no more money on her debit card that is it, she cannot go over. You can set it up so that if she goes over, it will be drawn out of a savings account, but I opted out of that. You can get text prompts too. She has the ease of a debit card to use, she can order stuff on line, I can transfer money at any time and I can see exactly what she spends. It's worked out really well for us. She's 16, but I got it for her when she was 15. [/QUOTE]
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Credit card for teens???
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