When most of us think of credit cards we think of adults in a stable job who can maintain their payments. The type of card that is suitable for a teen is very different.
Credit cards for kids are actually pre-paid and that means that the child can only spend as much as is put on the card by the parent. If the child has a monthly allowance, the parent can then add the amount of the allowance to the card once a month and the child then uses it until the balance is at zero.
Most of the prepaid credit cards for children are either a Visa or a MasterCard and can actually be used virtually everywhere a traditional credit card is used, including online for music downloads and to buy things.
