As my oldest is becoming more independent, we are trying to give her the responsibility of carrying a wallet and protecting her debit card so she understands its importance and value once she has a driver’s license.
The problem is she’s lost it 3 times this year alone. I’m tired of replacing the card or being in a situation where she’s supposed to pay, but doesn’t have her card or even a way to Zelle or Venmo her funds so I don’t have to pay for her irresponsibility out of my pocket.
Having a Parent’s Account debit card would allow me to quickly transfer her Spending money back tot he Parent’s Account and use the Greenlight bank account to cover her charge. Otherwise, I have to transfer it out of Greenlight banking all together and then wait 1-3 business days for my funding bank to be reimbursed.