05.18.09 | Discover’s Prepaid Card, Teens & Parents Approve
If your pleas to convince Mom and Dad that you’re responsible, and that you will not abuse a credit card or debit card have been met with sadistic laughter and your least favorite word, “No,” than perhaps it’s time to try a new strategy. Look at things through their eyes.
They were young once too (believe it or not) and felt the temptations of the mighty plastic themselves. They know how easy it is to run up a huge debt or deplete a savings account. They basically view your request as another bill they’ll have to pay in a time when most are trying to pay down outstanding balances and ride out the economic storm. What I would suggest doing is to speak their language. Tell them about the Discover Teen Prepaid Debit Card with built-in parental controls. It’s not only great for you, but probably your best chance at getting your own debit card and proving just how responsible you are.
Why it’s great for Teens
- No previous credit needed
- Make purchases online, over the phone, & in stores
- Withdraw cash from ATM’s
- Exclusive discounts at your favorite merchants
- Unique card designs
Why it’s great for Parents
- Easily to add funds from a credit card or bank account
- No APR
- Daily, Weekly, and monthly Spending limit management
- Restrict use in unwanted shopping categories (e.g. Liquor Stores, Tobacco Stores, Hotels, etc)
Additional Card Details
- $0 Fraud liability (safe way to keep and spend money)
- Free Direct Deposit for Parents and Teens
- $5 monthly fee or $50 annually
Discover’s prepaid card really is a win-win for all. Teens get the financial independence they crave (up to the maximum on the debit card of course) while parents maintain control over the daily, weekly, and monthly limits, as well as the shopping categories.
Teens and parents don’t see eye to eye on many things, so relish this rare moment of nirvana.
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hmm, looks pretty cool!
May 18th, 2009 | #
I actually think my Mom would go for this. I know if I had my own card I would spend spend spend, which is why she’s said no to me in the past, but being able to set the limit would appeal to her. Setting the limits is probably a good thing – even if I want those shoes!!!!
May 18th, 2009 | #
wow! how interesting
May 18th, 2009 | #
I very much agree with these.
May 18th, 2009 | #
Looks great
May 19th, 2009 | #
Will I be able to build credit with this?
May 20th, 2009 | #
keep that gimmie the real thing
May 20th, 2009 | #
Does this build my credit? what are the age limits for this card? It realy does look interesting and even my mom says so. Great opportunity.
May 20th, 2009 | #
Cool!
May 21st, 2009 | #
Cool
May 21st, 2009 | #
I need help with tuition
May 25th, 2009 | #
pretty cool
May 25th, 2009 | #
very cool
May 25th, 2009 | #
This does sound interesting – but what if I just want a card like that – one that limits me? I don’t depend on my parents anymore, despite the fact that I am only 18
May 26th, 2009 | #
I think my mom would actually agree….for once.
May 26th, 2009 | #
it looks interesting enough
May 27th, 2009 | #
Its a good way to learn how to bugget your savings.
May 27th, 2009 | #
That’s cool. I wonder if it has overdraft protection. That’s my biggest problem.
May 27th, 2009 | #
sweeeet.
May 28th, 2009 | #
Sign me up!!
May 28th, 2009 | #
this is a great idea
May 29th, 2009 | #
Not a bad idea. My mom might just bite
May 29th, 2009 | #
My parents would like this!
May 29th, 2009 | #
interesting
May 29th, 2009 | #
Great tips
May 30th, 2009 | #
This is a great way to control you childs spending yet give them a sense of freedome and choice.
May 30th, 2009 | #
cool!
May 31st, 2009 | #
that’s nice
June 1st, 2009 | #
these are good tips
June 1st, 2009 | #
It wouldn’t suit someone who needs to build credit. It’s just a sure fire way to stay out of debt and pay with plastic so one doesn’t feel out-cast for not paying in plastic.
June 1st, 2009 | #
pretty neat
June 2nd, 2009 | #
ITS OK
June 3rd, 2009 | #
THIS WOULD BE GREAT TO HAVE IN A PINCH
June 3rd, 2009 | #
I could see how it could help one build credit
June 3rd, 2009 | #
my parents actually think i am the most responsible person in earth so, i really don’t have to worry.
but really great tips.
June 4th, 2009 | #
pretty good idea.
June 4th, 2009 | #
Thank God for these guys.
June 4th, 2009 | #
this looks cool i think that it would b better for college freshmen.
June 4th, 2009 | #
pritty cool
June 4th, 2009 | #
This is really good… I think that I will talk to my mother today about this… She is worried about me going into debt when I attend college..
June 4th, 2009 | #
i agree
June 4th, 2009 | #
Looks cool!
June 4th, 2009 | #
very interesting
June 4th, 2009 | #
very intersting
June 4th, 2009 | #
Well, my mom trusts me with money and this isn’t something she’d take advantage of. But, I know some parents who’d love this. Looks like a great idea!
June 5th, 2009 | #
its okay
June 5th, 2009 | #
interesting.
June 5th, 2009 | #
This is really great and the teens can learn how to save..
June 5th, 2009 | #
this seems good discover just sent me mail about this
June 7th, 2009 | #
I don’t agree with the $5.00 Charge!!!!
June 7th, 2009 | #
hm i like this
June 8th, 2009 | #
this sound great, but i still think its more safe to stay without any credit card, especially when you young
June 8th, 2009 | #
My parents will like that they can limit my spending
June 9th, 2009 | #
I like that my parents can help me with budgeting by preloading the card with a certain amount of money
June 9th, 2009 | #
its a good idea
June 9th, 2009 | #
Sweet stuff
June 10th, 2009 | #
Not a teen but sounds excellent.
June 10th, 2009 | #
I agree with parents because I know I get the urge once in a while to go blow money on clothes, shoes, and electronics. Thank god I had a smart, stubborn grandmother who made me get a bank account on my own. I have a debit card and it works just like a credit card only your spending money you really have instead of someone other company’s money, and the best part about that is you don’t have to pay anyone back, with interest, you just have to refill your bank account. Another good thing about having a bank account/debit card that is your money acculuates interest as it sits in your account, I love that, so you get to see your money grow as well.
June 10th, 2009 | #
it sounds good but dont think i should have any credit cards especially when i have seen how credit cards get people in serious debt.
June 10th, 2009 | #
Sounds good.
I already have a debit card though with my checking account
June 11th, 2009 | #
cool
June 11th, 2009 | #
I think it is a good idea to start building credit when you can.
June 11th, 2009 | #
A posibility when parents are not wealthy
June 14th, 2009 | #
Hi Everyone,
From my understanding these do not build credit especailly when previous credit history is not required. But nonetheless it helps create credibility with parents and it allows us to learn how manage our spending.
June 15th, 2009 | #
COOL
June 15th, 2009 | #
interesting. i already have a debit card
June 15th, 2009 | #
this is a good idea!
June 15th, 2009 | #
this is a great way to start credit.
June 16th, 2009 | #
I have one of these and it really helps me not spend to much and be way more careful with my money!
June 16th, 2009 | #
sounds cool!
June 16th, 2009 | #
cool, i had one too
June 16th, 2009 | #
this doesnt sound so safe
June 17th, 2009 | #
this is a great way to start building your credit.
June 17th, 2009 | #
SWEEEEEET!!!!!!
June 18th, 2009 | #
It sounds cool
June 20th, 2009 | #
this is crazy
June 20th, 2009 | #
My mom will probably go for this!!!:)
June 22nd, 2009 | #
that’s a good idea!
June 23rd, 2009 | #
seems like a sensible idea – im just figuring out how to take care of my own finances!flunkey
June 24th, 2009 | #
no previous card needed — sounds great!
June 24th, 2009 | #
sounds great
June 24th, 2009 | #
i want one
June 24th, 2009 | #
oh yes
June 24th, 2009 | #
sounds good
June 24th, 2009 | #
sounds like a good deal to me.
June 26th, 2009 | #
I beleive that everyone has had the emptation of shopping like crazy at least once in our lives. What I like about this card, is that since it is meant for teens, parents get to restrict the use of unwanted categories. After reading some of the comments above, I believe that this does not help them build up credit, but it sure is a good way to know what it feels like to be, RESPONSIBLE.
June 29th, 2009 | #
this is a good i idea
June 30th, 2009 | #
this is a good idea
June 30th, 2009 | #
no previous credit needed, awesome!
June 30th, 2009 | #
awesome!
July 1st, 2009 | #
real cool
July 2nd, 2009 | #
I still don’t think I would be allowed to do this,even though I’m old enough.Besides I already have an account with another place where I could get a debit or credit.
July 4th, 2009 | #
Looks pretty interesting
July 8th, 2009 | #
Why not just apply for a student Discover card of your own with limits? Asking your parents to pay a fee, when you can have your own at no charge seems irresponsible.
July 8th, 2009 | #
very interseting
July 9th, 2009 | #
interesting
July 9th, 2009 | #
i like them..
July 10th, 2009 | #
$5.00 a month is a lot.
July 10th, 2009 | #
Me and my mom were actually considering getting this for my little brother. It’ll give him a sense of responsibility and its easy for us to control.
July 11th, 2009 | #
nice
July 12th, 2009 | #
no previous credit needed, awesome!
July 12th, 2009 | #
I know my parents would be willing to do something like this for me, but I have a sibling that they’d never even consider it.I know theres safe gauerds, but he’s just too irresponsible, he losses everything!
July 12th, 2009 | #
I know my parents would be willing to do this foe me
July 12th, 2009 | #
sounds good
July 12th, 2009 | #
Interesting!
July 12th, 2009 | #
Great!
July 12th, 2009 | #
I think that this is a good idea. It helps you become an adult and build credit for the future.
July 12th, 2009 | #
real cool
July 12th, 2009 | #
This really seems cool! I might go for this one!
July 14th, 2009 | #
This actually seems like it would benefit teenagers instead of hurting us like credit cards do. Its not that credit cards are totally bad, its just that we’re not prepared to handle the responsibility.
July 14th, 2009 | #
Yes, one does need to have a credit card these days, for emergency purposes. However, pizza delivery does not fit into the “emergency” category! Please take care of your budget and be smart. Kthx.
July 15th, 2009 | #
Looks like a great idea.
July 15th, 2009 | #
A very safe/controlled start for teens. I’ll go for it.
July 15th, 2009 | #
dont need credit card
July 15th, 2009 | #
Looks like a good idea for any teen! i know I had trouble gaining credit myself, great way to start!
July 31st, 2009 | #
Sounds cool actually but do you really want your teen to have that?
August 7th, 2009 | #
It’s a great start and it teaches you how to limit your spending.
August 11th, 2009 | #
Making purchases online will save me money. Good to know
August 18th, 2009 | #
Great alternative to credit cards!
August 19th, 2009 | #
i think that i would like this.it seems like a good training tool for when i leave home.
August 21st, 2009 | #
This is pretty cool. Now I would have to persuade my parents to do this.
August 22nd, 2009 | #
I don’t have a credit card yet so…
October 4th, 2009 | #
My parents didn’t trust me with my own credit card until I turned 18 and got my own one. However, I now am beginning to not trust myself with it.
October 14th, 2009 | #
i would not mind having a credit card
October 15th, 2009 | #
this is a good idea i approve lol
October 21st, 2009 | #
I donot like pre pay credit cards if you got the money to put on a card you can pay cash for what you want to buy I want on credit card
October 26th, 2009 | #