How does the Nationwide Bank Visa Buxx card work?
The Nationwide Bank Visa Buxx card is a prepaid card, so spending limits are set by the amount of money parents load onto the card. When a teen makes a purchase with the Nationwide Bank Visa Buxx card, the purchase amount is deducted from the card balance. When the card balance is low, parents can add money to, or “reload,” the card from their debit card or credit card. Parents can even schedule automatic loading to provide an allowance on a regular basis. It’s a perfect tool for parents and teens to talk about budgeting, spending, and financial responsibility.
