Remember when we would collect each fils that we got from our parents as kids, and save it in our own little piggy bank? Today with the rise in technology, we bid adieu to this old tradition and unnecessary expense.
CrediMax recently introduced its Parent-Child dashboard, associated with its prepaid card “iLead”, through its mobile app allowing parents and their children to work together to achieve financial awareness and responsibility at an early age. This dashboard is applicable for children between the age of 7 to 21.
Let’s take a look at how iLead can really help
It’s a pre-paid contactless card that allows parents to oversee their child’s spending. Parents can assign tasks or chores to each child and then reward them once it is completed. This ensures responsibility and smart purchase decisions at a young age which, to be honest, is quite an important lesson to teach the coming generation so they can become financially independent.
The kids on the other hand can view their balance, day-to-day expenses along with all the goals assigned to them. Plus, they can even access all the rewards they achieved.
So many other perks you can expect
Apart from these factors, there are a number of other benefits of the card. It’s completely safe and 100% accessible through CrediMax Mobile App at all times. You will receive notifications through the app on your child’s spending and you can even control the settings such as – enabling/disabling international or even ATM transactions. The iLead card is absolutely free!!
To apply, all you have to do is follow 3 simple steps
- Login to CrediMax Mobile App on your phone
- Click on the Parent Dashboard icon
- Submit your child’s information along with a CPR image and voila!