Pre-paid "credit" card for kids/students/anybody

Hossenfeffer

Diamond Member
Jul 16, 2000
7,462
1
0
Skimming over my debt bills, noticed that citibank is pushing their "cashcards" for students and such. Figured it might be a good way for some of our members to get the functionality of a credit card without amassing any debt. You load up the card with money from a checking/savings account or other credit card.

"Teach your kids money management and give them more of the freedom they want with Citi Cash Card, a new pre-paid card. You set their spending limit, they get the convenience of a MasterCard card. Enroll at www.cashcard.citicards.com"

Would be cool if somebody could send $30 to one of our members in return for a pre-paid "credit" card that they get in the name of the person who wants to subscribe.

This isn't so much for me, as I've pretty much already spent my next 4-5 years of income. DOH.
 

XMan

Lifer
Oct 9, 1999
12,513
50
91
Hmm, that might be something I could use. Sometimes when I try to buy stuff off the net with my debit card, it won't accept it.
 

HappyPuppy

Lifer
Apr 5, 2001
16,997
2
71
Why is it that everybody seems to be trying to teach their kids how to use/abuse/misuse credit? If you live a credible life you don't need credit cards except for emergencies. Credit is for buying cars and houses. Please use your credit responsibly. Don't ever use your credit and drive. The life your forfit may be your own.