Teenz
Parents can set spending limits, receive real-time notifications of their children transactions, and even block certain types of purchases. Teenz also provides educational resources and tools to help kids learn about budgeting, saving, and responsible spending.With Teenz, parents can transfer money to their children accounts instantly, making it easy for them to provide allowances or funds for specific purposes. The debit card can be used anywhere that accepts Visa, giving kids the freedom to make purchases in-store or online.Teenz also offers a savings feature, allowing kids to set savings goals and track their progress. Parents can incentivize saving by setting up automatic transfers from their own accounts to their children savings.In addition to the financial management features, Teenz also prioritizes security. The debit card is equipped with chip technology and can be easily locked or unlocked through the mobile app. Parents can also receive alerts if the card is used outside of a specified geographic area.Overall, Teenz provides a comprehensive financial solution for parents looking to teach their kids about money management. With its secure debit card, spending controls, educational resources, and savings features, Teenz is a valuable tool for instilling financial literacy in children.
