Parents buying the Neon MasterCard to control under 18's internet spending
The launch of the Neon MasterCard which is targeted for under 18's market and is the first Prepaid MasterCard designed for 13 to 18's has been an instant success. The success is mainly down to the internet purchases as it is cheaper to obtain at a cost of only £9.99. The Neon card is packed with useful discounts and rewards and more importantly parents can monitor spending habits if they require. Even though it is a prepaid MasterCard some of the main functions have been switched off to ensure under 18's credit card purchases can not use at gambling sites and other over 18's sites.
Getting the balance between watchful eye and protective gaze as a parent is sometimes tricky. Once they hit the teenage years, they’re raring to go and itching for more independence. The Neon MasterCard Prepaid Card, available from August, takes much of the headache out of helping them get on the steps to safe spending. It’s the highest value pay-as-you-go card and one of the cheapest, offering unique benefits especially for them. In fact, it’s the only card of its kind that lets you top up your pay-as-you-go mobile phone instantly by sending 1 simple text. Plus, unlike many other prepaid cards, it’s available for everyone.
It’s easy to spend money that you don’t have and being an overzealous 16 year old is no exception. Stop the temptation of yet another pair of trainers – Neon Pay As You Go MasterCard means that they can’t spend what isn’t on the account as there is no overdraft facility. The card, available for 13 years old and upwards with parental consent, also allows parents to monitor spending through the online account and can be used at 28 million retailers and 1.5 million ATMs worldwide.
Neon Pay As You Go MasterCard caters particularly for their lifestyle needs. Online shopping is something that can’t be ignored – 54% of all teenagers have bought over the internet, with the average teen spending almost 3.5 hours shopping online ! A total of 1.8 billion teenagers try to hide what they are doing online from their parents*, but Neon Pay As You Go MasterCard can’t be used at adult online stores such as those dedicated to alcohol, gambling and tobacco so that’s one less thing for you to worry about.
More specifically, over 1,000 exciting companies are involved in its online reward scheme which means money back when they shop at some of their favorite stores online such as Miss Selfridges, iTunes, Uniqlo, Napster, the Nike Store and See Tickets.
It’s the only card of its kind that can instantly top up a pay-as-you-go mobile phone just by sending one simple text…and give cash back each time
You don’t need an existing bank account to get one
- If you do need to get money to them quickly, whatever the emergency, then you can. By registering your own card, you can transfer money to them within 60 seconds by logging online
So, whether it’s transferring pocket money or getting funds into their account quickly, Neon Pay As You Go MasterCard takes the hassle out of rooting around in your purse on Saturday morning.
See Neon Card Review