Result is a credit card for young people. It is no longer offered only by credit institutions. Also available with prepaid credit cards for work and travel. The plastic money includes children and adolescents. The prepaid loan is the perfect card for teens, apprentices and students.
Free credit card for teens
In shops all over the globe and online, you pay quickly and reliably and thus benefit from various insurance services. Young people up to the age of 26 receive a free PrePaid MasterCard (over 14 years old) and a free Master or Visa card (over 18 years old). Information on youth credit cards is available here.
Apply for your credit card with the appropriate application form:
The credit card is an indispensable part of our daily life. She is an indispensable part of us. Simply dial the telephone hotline of the responsible house bank and the credit card will be blocked. A stranger can not do anything with your credit card. Paying with a credit card at home and abroad is child’s play. You also need a credit card to get a rental car. Thus the many advantages of the credit card are obvious.
Because this credit card, as the spoken book already contains, actually grants you a certain credit, which you will have to bill with in the coming calendar month. Nevertheless, it may be necessary or useful to equip your little ones with a credit card. Until just a few years ago, it was completely new to credit a teenager, but today the view on this subject has evolved.
Especially for the young people, a procedure for using a credit card has been set up only with a prepaid function. As a rule, the provider makes an upfront payment and retrieves the balance from your account at the end or the beginning of the month. A prepaid credit card can only spend the available capital – that is, the one with which you charge your credit card.
First download the amount of money and then use the phone. Once your account is used up, you can no longer use your phone. Equipping your child at a certain age with such a business card can be a significant step forward in learning how to use money. For example, your toddler can use the prepaid credit card to withdraw cash or settle purchases during a school visit at home and abroad.
However, such can also be used directly in the network. Meanwhile, there are many processes on the net that are much easier to manage with credit cards, such as legitimately downloading music. The charging function means that your toddler only has the amount of money on the credit card.
Clothing chains and online services have also recognized that much can be earned here. Therefore, you should carefully compare the individual offers in advance so as not to be baffled by the fine print in the annual financial statements. A test report on the most common cards can be found here: In addition, you should find out whether after the expiry of a new credit card any fees.
This means that if you do not use your prepaid credit card for one year, for example, an agreed balance will be withheld from your account. Avoid the few offers without deposit protection or use them only for short or small sums. The operators of prepaid cards also generate revenue by charging different fees for different transactions.
For cash payments at home and abroad,
A certain amount or a fixed value per payment is to blame. The foreign currency costs of paying outside the EU are particularly high when your little ones are on a trip to other European countries and have their prepaid credit card in intensive use. There are several ways to charge funds to your prepaid credit card.
On the one hand, it is possible to transfer the balance by bank transfer or soft transfer to the credit card. You can also transfer the amount of money from another credit or debit card to the prepaid card. A particularly exciting topic for mothers and fathers are the different limits of prepaid credit cards. In this context, you should also compare the different offers.
Think about what makes sense for each initial situation for which you have selected a prepaid credit card for your offspring. Whether the business card is to be used for a longer period at home and abroad, for example, during a year abroad study, or whether it is a permanent opportunity to treat your children the right one.
is intended to protect against access to stolen or counterfeit credit card information. This ID is next to the credit card number on the credit card. This means that only the issuing credit card company is able to recognize the code. Please also note the maximum liability limit for misuse of the credit card, if it should be stolen.
The prepaid credit card differs from the conventional credit card in most respects. As a rule, letters and numbers are stamped on the back of the card. This was initially only necessary to use the outdated equipment from Her-Hev. Only with very few providers with embossed character the prepaid credit card is available.
In general, since 2008, VISA has also been issuing ordinary cards without embossing, at least in the US, since these are simply no longer needed and, of course, represent an increased work and expense in card production. Inform yourself beforehand in detail about the different options, so you do not experience any unpleasant surprises regarding the acquisition-related costs and conditions of the prepaid credit card, it can serve as a teaching tool to teach young people the right way to handle money on the way to adulthood.
On the other hand, it is a safe way to provide your little ones with a credit card if necessary and no risk to go, since only that can be consumed, which is actually available in financial terms and is loaded onto the credit card. Talk to your little ones about the many possible uses and lead them into a responsible use of the prepaid credit card.