Current by Discover®
Current by Discover® is the perfect credit card to set your teens on the path to responsible money management – but with some parental controls built in to keep them safe.
The Current card is a pre-paid card that gives your teens the freedom to spend as they wish – within boundaries. Parents can set up weekly spending limits and block charges at any category of retailer, or the ATM machine.
The card can be loaded by transfers from a parent’s account, and working teens can have their paychecks automatically deposited. They’ll even receive an email notice when the funds are in the account. They can even set up their account to alert them when they’re nearing their weekly spending limit.
Current Cards are safer than cash for teens – who are likely to leave a purse or wallet unguarded. If the card is lost it can be deactivated until it is found –keeping their money safe from unauthorized use. Of course, as with all Discover® Cards, fraudulent charges are covered if the credit card used before the loss is discovered.
While most kids can go through cash and never know where it went, the on line money management tools offered by the Current credit card lets them see just where their money is going. This can be a valuable teaching tool for parents and an aid for teens learning to live within a budget and make wise spending choices.
Of course, since it’s for kids, it has to be cool as well as useful. That’s why the Current Card offers 7 unique credit card styles designed just for teens. It’s also why teens get free access to discounts and deals at the stores they love most.
Let your teens learn sound credit management in the safety of parental controls – get them a Current Card by Discover®.
