It seems the credit card issuers are taking the ride on the rise of debit card/prepaid card usage to the teenagers.
In Australia, the debit card usage increase by over 17% in 2008.
Recently, Discover Card launched a similar product, Current by Discover, a Debit Card for Teens.
Whereas Citi launched CitiForward for College Students, rewarding cardholders for responsible lending.
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It seems the credit card
Submitted on April 30th, 2009 by Credit World (not verified)It seems the credit card issuers are taking the ride on the rise of debit card/prepaid card usage to the teenagers.
In Australia, the debit card usage increase by over 17% in 2008.
Recently, Discover Card launched a similar product, Current by Discover, a Debit Card for Teens.
Whereas Citi launched CitiForward for College Students, rewarding cardholders for responsible lending.