New Way Parents Can Dole Our Allowances

American Express now has a new card–PASS is a prepaid card that parents can give their kids to prepare them to handle credit cards later.

PASS is not a debit or credit card, but a re-loadable card. As such, teens can only spend the amount loaded and there’s no worry about overdraft charges. If it’s lost or stolen, you won’t be responsible for fraudulent charges, and American Express can replace the funds. Plus, teens can view balances and purchases online.

To learn more, check it out here.<a href="

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Basic HTML is allowed. Your email address will not be published.

Subscribe to this comment feed via RSS