Word: debits
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...stole my life in a wallet," she said. Instead of going to a class Friday morning, Bencowitz canceled her debit card and opened a new bank account...
...that your kids are blowing their allowance on video games or Spice Girls CDs? A new website will let them shop in cyberspace while you monitor their spending habits. At icanbuy.com which launches next week, overanxious parents will be able to use a credit card to set up online debit accounts for their children, who get fixed weekly or monthly withdrawals and a list of acceptable shopping sites. Parents can then watch their hard-earned money evaporate in real time...
Mayer clarifies, "It's not one of those debit cards where the actual value of the card goes down each time...
While the service is available only in selected areas, Boston is one of them and students on the Harvard exchange are eligible. Users must, however, have a credit or debit card to sign...
...balancing the checkbook at the end of the month, and it gives you the option of transferring the money from wherever you want: mutual fund, money market, even an old-fashioned checking account. Your daughter can store the money any way she wants--on her laptop, on a debit card, even (in the not too distant future) on a chip implanted under her skin. And, perhaps best of all, you can program the money to be spent only in specific ways. You might instruct some of the digits to go for books, some for food and some for movies. Unless...