• Teenagers can have instant access to funds through the Metabank FaceCard Prepaid Teen MasterCard without parents having to worry about any fees or interest rates.

• Thanks to the online site, parents can easily track what their children are spending down to the last penny.

• Prewards gives both parties the opportunity to get great savings at some of their favorite stores, and because they’re loaded directly onto the card, there is no chance of accidentally forgetting a coupon.

It’s hard for some people to accept that we no longer live in a world where cash rules. Now credit is king, and that’s why almost every adult has at least one credit card, and many have more than one. It makes sense, then, that teenagers are always looking to get their hands on their parent’s credit card, or are begging them to be able to have their own credit card. But there can be a huge problem when teenagers get their hands on a credit card and they’re not ready for it.

Any teenager who goes to college will eventually be bombarded with credit card offers, and to a teen who is suddenly having to learn what it’s like when they don’t have lot of money to spend and when their parents aren’t right there to help them out, these credit card offers can look pretty good. A vast majority of teens take the companies up on their offers and then wind up in a great deal of debt because they did not realize how a credit card works. Parents often find themselves bailing their children out and tend to get extremely frustrated at the entire situation. But is there a solution that can help teens to be able to have their own credit card without going into debt?
The Metabank FaceCard Prepaid Teen MasterCard is a solution that is perfect for teenagers who are looking to have a credit card and for parents who don’t want to have to pay hundreds of dollars in interest fees. FaceCard is actually a prepaid MasterCard, and before you can understand what FaceCard is, and how it can help your family, you should have a basic idea of how a prepaid credit card works.

When you’re dealing with a traditional credit card, you are basically dealing with borrowing money. The credit card company offers to let you borrow a specific amount of money, based on your credit score, and you’re then able to charge things to your credit card account. Once a month you receive a bill that you need to pay. The bill includes not only the amount of money that you borrowed, but also the amount of interest the credit card company is choosing to have you pay for this service. This is why teens tend to get into trouble with these cards. They often tend to forget that they have to pay back not only what they borrowed, but also the accrued interest as well, and they find themselves entrenched in more debt than they can readily pay off.

A prepaid card is an entirely different breed of credit card. Instead of borrowing money from a company, you’re actually using your own money. With a prepaid or secured card, you are able to use only the amount of money that you have deposited. So if you deposited $500 on the card, you can only “charge” up to $500. And unlike a checking account, which can be overdrawn, you cannot overdraw on a prepaid card because it only allows you to use however much money you have existing on the card.

The FaceCard is, in its most basic form, a prepaid credit card. In the last handful of years, prepaid credit cards have become extremely popular because they allow people to have a credit card without having to worry about fees or overdrawing their accounts. But the Metabank FaceCard Prepaid Teen MasterCard is a bit different than other prepaid cards as well. What makes the this card so different?

The first thing that makes the FaceCard really stand out from its competitor cards, and also what makes it the perfect solution for teenagers, is that more than one card can be linked together. Say, for instance, that you have a child who is in college. You can purchase a FaceCard in their name very easily. You can then load the card up with however much money you want them to have. When the money is gone, they can’t keep charging, so there’s no possibility of them charging more money than you can afford to pay. Then, when the time is right, you can refill the card with more money directly through the FaceCard interface. This allows your teen to have access to funds and you to rest comfortably knowing that they won’t overspend their limit.

One of the things that parents love most about FaceCard is that you can truly keep an eye on what your teen is doing, thanks to the online site that gives you access to the charging information. This helps you to understand what your teen is spending their money on, and what you, yourself, are spending your money on as well. It can be a great tool for teaching teens how to manage their money, as you can print out their “statement” and show them how much they’re truly spending. We all know that when it comes to credit cards, it’s easy to ignore how much we’re truly spending. With the Metabank FaceCard Prepaid Teen MasterCard, however, there is no ignoring.

And teens love the fact that they can get a balance on their card either by going online or by texting a specific number. When they text, they will receive a text back that shows the balance that they have remaining directly on their cell phone, so that they can know, without a doubt, how much money they have left to spend. This can also help make teaching responsibility with funds easier for a teen as well. And anyone who has the card can even get prewards, which are coupons to your favorite stores that are deposited directly onto your card.

Metabank FaceCard Prepaid Teen MasterCard works for so many different situations. Not only is it great for people who are trying to avoid having credit card debt, but it’s also perfect for teenagers. And it can even be used as a gift card as well. The Metabank FaceCard Prepaid Teen MasterCard is accepted anywhere that MasterCard is accepted and is, without a doubt, the best solution for teenagers who are begging for a credit card.