Please make a debit card for your child.In order to provide proper financial education, check cards for children’s names are now essential.Let’s take a closer look at Toss Bank’s Toss Youth Card transportation card among the various financial sectors.
Why do I need a debit card?
Credit cards have become commonplace.Whether I go to the market or the convenience store, I often pay with my credit card.In some cases, when children want to buy things they need, parents are willing to pay for their credit cards.In fact, this method is illegal.The Credit Specialized Finance Business Act stipulates that you must not lend your debit card or credit card to anyone, including your family.If so, it would be better to make a check card for your child’s name.This is because if you use a credit card first and then pay, you can use the card within the remaining amount.
Let’s put pocket money in your child’s bank account.
Parents often give their children pocket money.There are times when they give it to you as needed, but they often put pocket money in their bank accounts once a month.For your children’s financial education, it is recommended that parents transfer their allowance to their children’s bank account on the same date.This is because children will spend their pocket money on a planned basis.Then, make a check card linked to your child’s bank account.Even if they don’t carry cash, they spend transportation and snacks with just one check card.And after a month, it’s better to look at the card bill with your child.
Develop Check Card Consumption Habits
Basically, the payment limit is set for check cards that children can use.It costs 30,000 won per day and 300,000 won per month for those aged 12 to 13.It can be said to be a useful card for people who can’t control their own consumption.Its range of use has also expanded.Financial authorities have allowed teenagers to use deferred transportation cards.The monthly usage limit is set at 50,000 won, and only one ticket can be issued per person.Prepaid transportation cards can only be used after being charged in advance, so check cards can play their role.Post-paid transportation cards were often used by borrowing parents’ credit cards, which encouraged illegality.Therefore, using a debit card will help you develop the right consumption habits.
Toss Youth Card
Here is a useful check card for teenagers to use.It’s a Toss youth card made by Toss Bank.This debit card is available to minors aged 7 to 16 as of the date of issuance.It will be automatically canceled when you turn 17.It is for domestic use only and there is no initial issuance fee.The usage limit is 500,000 won per day and up to 2 million won per month.Toss Youth Card Transportation Card can be used as soon as you charge it.You can charge it at convenience stores across the country, transportation card chargers, and affiliated stores with rail plus stickers.You can charge up to 500,000 won.
How to issue a Toss Youth Card
These days, children also carry their smartphones one by one.Please install the Toss app.For Samsung Galaxy smartphones, you can search Toss in the Play Store.If you go to the Toss website, you will receive 1,000 won for the first subscription congratulations to those under the age of 14.Of course, you should not have a previous subscription history.Next, if you select your child’s name, the first digit of your resident registration number, and the carrier and authenticate yourself, membership registration will proceed.For children under the age of 14, a screen appears that requires parental consent.You can create a password by authenticating the authentication number sent to the guardian’s smartphone after selecting the guardian’s name, the first digit of the resident number, and the carrier.After that, select the color you want from the five designs of the youth check card and you will be issued.
Area of use: Domestic only
Issuance fee: No commission for the first issue.
Usage limit: 500,000 won per day, 2 million won per month.
Online payment: Not available for those under 14 years of age.
Transportation card: 500,000 won max charge
Note: No installment or credit purchase function.If you lose it, please call the credit card company and apply for suspension of use.
When you receive a check card, you have to sign on the back so that you can be compensated when you lose it.