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Teen Prepaid Credit Cards - Age 13 to 17

Prepaid Credit Cards Help Teach Teenagers About Money and Spending

Want to give your child a credit card but worried about overspending? A prepaid credit card will help your teen learn about money, credit and financial responsibility.

No overdraft fees, no interest charges, no late fees…This is how allowance is paid in the 21st century style. Handing your teenager a credit card is a lot like handing over free money…But it doesn’t have to be. You can monitor your child’s expenses and allow your teen a little control and flexibility. With a prepaid credit card, your teenager can spend freely up to a point. Unlike regular credit and debit cards, you can’t go over the spending limit, and when the money is gone it’s gone.

How prepaid cards work:
  • You can add as much money as you like, this is called a load. You can monitor your child’s expenses with online statements, or by calling the credit card company. You can reload the card either online or by phone.
  • Prepaid cards are safer than cash, because most card issuers guarantee you’ll be refunded for unauthorized purchases. If you’re worried, don’t put a large amount of money on the card at any one time. And safeguard your PIN number.
  • Relatives can put money on the card, instead of giving cash or sending a check. You can authorize family members to add money to the card any time.

Before signing up for a prepaid card, find out about any fees involved. Including any initial charge and monthly access fees.

 

PAYjr Visa Buxx Card . . . . . . . . . Teens 13 and Up . . . . . . . . . Design Your Own Card – Upload your favorite photo!

Teach your teen how to manage money with the PAYjr Visa Buxx Card.

Reasons a PAYjr Visa Buxx Card is right for your teen:

  • Hands on Financial Education
    Teach your teen how to manage their money responsibly
  • Parental Control and Monitoring
    Know where and how your teen is spending money
  • Convenient and Flexible
    Load money to the PAYjr Visa Buxx Card right from your bank account
  • Peace of Mind
    Funds are FDIC insured and a prepaid card is safer than cash
  • Cost
    The PAYjr Visa Buxx Card is cheaper than other teen programs and even costs less than free teen checking accounts when you consider NSF and other fees
Intro APR Intro Period Regular APR Balance Transfer Annual Fee Credit Needed
None None None None $4.95 Activation Fee No Credit History
UPside Visa Prepaid Card
  • The smarter gift for ages 13-25, a prepaid Visa® card exclusively designed for families’ needs
  • Universal and reloadable, unlike merchants’ gift cards
  • An educational value that goes far beyond its monetary value
  • A teen’s first Visa® card, with no risk of incurring debt
  • Can be purchased by parents or other family members over the age of 18
  • Manage your child’s allowances or send money to a loved one.
  • You can open multiple cards for various family members.
  • You can share funds between UPside cards instantly and at no cost.
  • Check activity on cards and load funds online.
  • Money can be loaded from your checking free of charge!
  • You can also load funds through a simple phone call.
  • Funds loaded from your credit card are made available instantly on your card.

In today’s world, parents need to educate their child about financial responsibility. The UPside Visa® Prepaid Card has been designed for families’ needs with all the parental control features that a parent would expect, like online account management and email alerts. It is not a credit card, so your child will not incur any APR or debt. While the card is safer than cash, instant funding provides the peace of mind parents want for life’s little emergencies. With no overdraft allowance, teens and young adults learn how to manage their money and become responsible spenders as they are only able to spend the balance on the card.Parents can reload funds as they see fit with one-off loads or available allowance scheduling. And with no purchase fee or maintenance fee and with free value loads originating from a bank account ACH transfer, it has never been easier or cheaper for parents to give their children a necessary steppingstone to a successful financial future.

Intro APR Intro Period Regular APR Balance Transfer Annual Fee Credit Needed
None None 0% No Interest Charged None Optional Poor Credit OK
AccountNow Prepaid Visa® Card
  • Instant Guaranteed Approval* – no credit check, no security deposit
  • $0 ACTIVATION FEE – when you load your card by direct deposit
  • Free Direct Deposit – no more check cashing fees
  • Free Online Check Writing – no need for expensive money orders
  • Free Credit Builder† – bill pay transactions are reported to PRBC®
  • No Overdraft Fees – no minimum balance required
  • Reloadable - $10,000 balance limit

AccountNow® Prepaid Visa® Card is a pre-paid card that can be used anywhere Visa is accepted. It offers Free direct deposit, Free online bill pay and free credit builder.

Intro APR Intro Period Regular APR Balance Transfer Annual Fee Credit Needed
None None 0% No Interest Charged None Yes Poor Credit OK
Allow Card of America
Allow Card of America

Kids ask for things 2400 times a year. How much are you actually giving your kids monthly? Give them their money on their Allow Card™ Prepaid MasterCard® and know exactly their spending habits.

The Allow Card is a personalized prepaid MasterCard® that offers your child a real sense of financial independence. Here are some reasons why the Allow Card is great for your family:

  • No more last minute, running-out-the-door-I-gotta-have-it-now requests.
  • Parents can reload the Allow Card once a day, once a week, once a month, whenever - 24 hours a day, seven days a week.
  • Parents have 24-hour access to account details so you'll know exactly where the money is going with the ability to monitor spending habits.
  • Parents have more than 35 Parental Controls to work in concert with your children about money matters.
  • NO OVERDRAFT FEE'S, NO LATE FEE'S, NO INTEREST FEE'S
  • Best yet, we've included a series of educational financial lessons as part of the Allow Card experience for Free
Intro APR Intro Period Regular APR Balance Transfer Annual Fee Credit Needed
None None None None One time $19.95 Poor Credit OK
Equifax Credit Watch Gold
Equifax Credit Watch Gold
  • Instant online access to your credit report
  • Record of companies that have reviewed your credit file
  • Includes a confirmation number needed to use Equifax's free online dispute feature and fix errors quickly and simply
  • Access to our friendly and knowledgeable Customer Care 7 days a week
Intro APR Intro Period Regular APR Balance Transfer Annual Fee Credit Needed
Poor Credit OK
PAYjr Chore & Allowance . . . . For Kids 12 and under. . . . Enroll for Free

This is an awesome tool for parents to help manage the age old activity of chore charts and allowances for your kids. Best of all it’s free.

The Chore & Allowance system provides free financial education.

  • The system allows both you and your child to review chores through the web site
  • Printable chore chart and online calendars help you and your children manage chores and rewards
  • Ongoing "Balance Owed" is tracked by the system.

Kids can track their chores and be rewarded for completing them. Teach your child the value of hard work and allow them to clearly see the connection between doing their chores and financial reward.

Intro APR Intro Period Regular APR Balance Transfer Annual Fee Credit Needed
None None None None None No Credit History
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