Who's Making Unauthorized Purchases On My Kid's Card?

We hear it all the time:

“My child’s card has been compromised! There are fraudulent PlayStation charges!”

Or Prime charges, or Spotify, or iTunes, or... you name it.

99% of those turn out to be inside jobs.

Why?

Professional fraudsters liquidate stolen cards quickly and move on with as little trace as possible. They don’t stick around to play online games, stream music, or sign up for Amazon Prime memberships. But kids, their siblings, and their “friends” sure do! 😉

When you see an unexpected charge that your child disavows, the first order of business is to put on your Dad/Mom Detective Hat and follow these seven steps:

How To Transfer Your Prepaid Card Balance To Amazon

Looking for a way to quickly unload that $3.54 remaining on your prepaid card?

Most merchants won’t let you split a purchase between your prepaid card and another payment method at checkout. ATM withdrawals and cash back options are typically in round numbers starting at $20. So liquidating your lingering prepaid card balance can be a bit challenging.

If you are an Amazon.com customer, there’s a simple, quick solution.

Reload your Amazon gift card balance with the amount remaining on your prepaid card.

Then, the next time you make an Amazon purchase, you can split the amount between your Amazon gift card balance and your regular payment method.

Here are the step-by-step instructions:

Resolve To Teach Your Kid These 3 Quick Money Lessons in 2020

Uh oh, it’s resolution time again... 😬

How about kicking off the decade with some quick wins for once?

Resolve to teach your kid these three simple but critical money lessons: