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Old 04-24-2007, 11:54 PM
Babs Babs is offline
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Default Is it a good idea to give my son a pre-paid credit card?

My son, who is 11 has asked me to put his weekly allowance on a pre-paid master card. The ones that are like gift cards, but with the master card logo on it that's accepted anywhere master card is.He has told me several reasons why it is a good idea, I can set it up for automatic deposit, I can check his balance and transactions online, I can suspend the card, and it's more secure then cash.He also says that he is responsible enough to not lose it.Other them him buying things on line that I don't approve of, but I'd find out from his trasactions, is there anything else I should be concerned about?He's a good kid and works hard for his allowance. What else should I consider?


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Old 04-26-2007, 12:05 AM
LadyJane LadyJane is offline
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he is 11 years old. unless he's really responsible and mature, don't even consider it.
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Old 04-26-2007, 01:07 PM
Jordan Jordan is offline
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wow...he sounds like a real responsible child you have...kinda odd... but he does have a point...and if u can check his transactions online i dont see the problem. im impressed that he saw what he wanted, asked for it, and sufficiently proved why it was a great idea...props to ur kid!
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Old 04-27-2007, 01:11 PM
Patch Patch is offline
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You should give him a trial period and if that is successful then tell him that he has earned the privilege to have it but warn him that there isn't any room for errors, that this is a serious thing and if he screws up then that is it, no more card.
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