Saturday, July 30, 2005

Cash card kids

Did you know that Nat West now issue cash cards to children of 11 years upward? These cards (Solo) are very much like the Switch cards we have and the kids have pin numbers. They can be used to draw cash from the hole in the wall, or in shops to purchase goods. The only difference is that they cannot overdraw - no money - no goods or cash.
I decided to let my child have possession of one of these cards providing he doesn’t carry it at all times. It is the way the world is going and after all it is his bank account ( in his own name ) and his pocket money. If he spends all his savings he will learn.
The problem - well my child has only had the card for one week and already he has been detained twice by store security staff and the bank have had to authorise the transaction and his release. Luckily my son is not the sort to be bothered by the experiences but he does admit that it is a little embarrassing.
If the banks are going to issue these cards to kids then I really think they should inform the stores. The same thing nearly happen to him again in Azda this morning but luckily I was around. The stores are really going to have to cotton on to the idea of the cash card kid because there is no way, it seems, that my son is going to give up.

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