This Parents often think of their kids' adolescent years as being a time of unexplained fits of anger, increasing demands for the keys to the family car, and first heartaches. With the credit-card market saturated, teens look like honey to the corporate bees, says Hazel Reinhardt, demographer at Northwestern University's Media Management Center.
Parents apply for the reloadable, prepaid payment card online.
Applications will be available at bank branches later on. Parents or gift givers deposit money via the Internet or by phone, and there's no minimum or maximum. Visa Buxx functions more like a phone card. And unlike with a credit or debit card, parents have the option to go online and request that the amount on the card be reduced or eliminated. So it's still possible to ground that back-talking teenager.