Visa Buxx is a prepaid card intended for use by teenagers. The program was Visa's first prepaid card product and was launched in 2001. Visa Buxx is not a credit card; instead, it is a prepaid card that enables parents to repeatedly load the card online or over the phone and monitor spending, so parents can work with their teen to review their spending habits. The teen must be at least 13 years old to sign up.
Distributors
- CardLab Buxx
- US Bank
- Sandy Spring Bank
- Navy Federal Credit Union
Fees
A Visa Buxx card is typically $4.95 but costs $9.95 for custom designed cards. There is also a monthly fee of $4.95 to protect users fraudulent purchases and overdraft or late fees.
References
External links
- Visa Corporate Website
Interesting Informations
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