A Plus Kids
A Plus for Kids is a program created to build an opportunity for our youth to obtain knowledge of financial literacy and much more!
Most banks make it easy to add your children as authorized users to your credit card. You can add them without allowing them to use a card. If you keep your usage under 25%, stay active each month, and pay on time, it’ll report to their credit as well. This is a great way to stay disciplined with using your credit now since you’ve added your child(ren.) Here are different companies who allow children as authorized users:
|Card Issuer||Minimum Age||Reports to Credit Bureau|
|Bank of America||None||YES|