How does the Visa Buxx card work?
The 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 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 credit card, debit card, or checking account. (Note: Transferring money using a checking account can take five to seven days.) 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.
