Personal Finance

A New Alternative to Cash, Credit & Debit for Teens

To the parents of teens, have you ever heard of PASS from American Express? It’s a prepaid reloadable card for your teens to use that is similar to a debit or credit card. The bonus is that it is safer than cash and your teen can only spend what is preloaded on the card.

My daughter is turning 14 years old this month and this card sounds like a good fit for her. A few of the key benefits are:

  • No overdraft fees
  • Funds will be replaced if card is lost or stolen
  • No impact to your teen’s credit
  • Easily add money online or via the phone with Direct Deposit, your bank account, American Express card or cash
  • View the balance and purchase history anytime on the web or via your phone
  • Purchase Protection for up to 90 days from the date of purchase
  • Roadside Assistance
  • Global Assist Services for emergency assistance when traveling
Visit American Express for more information and to get a PASS card.

 

Stacie Vaughan

Stacie is the mom of two girls and lives in Ontario, Canada. She enjoys cooking/baking, photography, reading, DIY and is fueled by lots of coffee!

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