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Credit card for Students

This is a discussion on Credit card for Students within the Secondary School and Higher Education forum, part of the Singapore Kiasu Parents Forum category; Is it safe to give my kids student credit cards?...

  1. #1
    Worthy Lady
    Join Date
    Jun 2013
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    Question Credit card for Students

    Is it safe to give my kids student credit cards?

  2. #2
    Female Attendant
    Join Date
    May 2015
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    Re: Credit card for Students

    I would never allow my kids to have a credit card as they will live on credit, credit that they may not be able to pay back if they are not careful with their spending. Instead, I would suggest getting them a debit card where they cannot spend more than what they have in their accounts. Also, dont’t forget to limit their spending through the card to ensure they have some left for a rainy day!

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