Accounts for money

[dtranftw]

Hi i know this is completely a different thing in work but i just got a prepaid debit master card from myvanilla and i was wondering if i wanted to put more money in the card would have need a registered account

 

[Wolfshadw]

You would need to register the card with MyVanilla. What information they require is up to them.

-Wolf sends

 

[dtranftw]

it requires me to be 18 so should i just lie about the date

 

[Wolfshadw]

No, because that's against the law and Tom's Hardware does not allow for discussion of illegal activities. You will need to have an adult create and manage the account for you until you do turn 18.

-Wolf sends

 

[dtranftw]

alright sorry

 

[dtranftw]

so i cant put money in my card till i turn 18

 

[Pinhedd]

so i cant put money in my card till i turn 18

Unfortunately it's virtually impossible (and often unlawful) to acquire a credit card as a minor. This is due to the credit nature of credit cards; minors cannot be held legally responsible for lines of credit. If the cardholder were to default on the line of credit, the bank would have no way of recouperating the lost funds. Some financial institutions offer debit cards that can be used on the Visa or Mastercard financial networks in addition to the Interac network. Since these credit cards are actually tied to a debit account rather than a line of credit it may be possible to acquire one as a minor.

 

[dtranftw]

so i cant put money in my card till i turn 18

Unfortunately it's virtually impossible (and often unlawful) to acquire a credit card as a minor. This is due to the credit nature of credit cards; minors cannot be held legally responsible for lines of credit. If the cardholder were to default on the line of credit, the bank would have no way of recouperating the lost funds. Some financial institutions offer debit cards that can be used on the Visa or Mastercard financial networks in addition to the Interac network. Since these credit cards are actually tied to a debit account rather than a line of credit it may be possible to acquire one as a minor.

 

[dtranftw]

Then can i just give the card to my parents. I cannot use it to place any online transactions because its not activated