PASS Card from American Express℠

The PASS Card from American Express provides a prepaid card for teens to use. Parents can get the reloadable card online and have a number of ways to load money on the card. The card is available in four colors. Teens can choose from blue, green, magenta and orange. Once the color is chosen, the card is sent out and teens can start purchasing anywhere the card is accepted.

Since there is an American Express logo on the card, it can be used online and off. This makes it easy for teens to make the purchases they need all around town. The card is accepted at movie theatres, gas stations and online merchants. The card can also be used to visit ATM machines when cash is necessary. There's never fear of overspending because teens can only spent what's loaded on the card. It's also a prepaid card, which means there are no credit applications and overdraft fees don't exist.

The card is safer than cash. Teens don't have to worry about losing money. If the card is lost or stolen, it can be replaced by making a phone call. Fraud protection is included with the card. If fraudulent charges appear, American Express won't hold a teen responsible for the charges that take place on the card - the money will be refunded.

Parents have a number of ways of adding money to the card. Money can be added from an American Express card. This can be a one-time transfer or an automatic reload can be set up. A checking or savings account can also fund the prepaid card. The money can be transferred online and money will be there within a few days. There is also the ability to purchase a MoneyPak. The MoneyPak is available in various denominations and is available at thousands of locations. The money can then be added online or over the phone.

Money can be tracked easily, too. Teens have the ability to log on with a username and password to a website. This will let them view their account balance and see a transaction history. For added convenience, the balance and funds can be tracked via text message to the phone as well. This will help teens practice financial responsibility and learn how to use their money more effectively.

Parents and teens both have the ability to log on and view the account information online. Parents can choose to reduce or increase the amount of money going onto the card based upon the activity of the card. Teens can see where they've been spending their money to make changes to practice better spending habits.

The review prepared by CreditCardsCo™. Opinions expressed therein are solely those of the reviewer.