3. Stay on top of financial transactions.
Notifications and alerts are an exceptional way to monitor your child's spending in real time, plus you can discuss the importance of regular account monitoring to protect against financial fraud and identity theft.
How to do it:
Step 1: Go to the "Manage Spending Limits for Additional Card Members" page.
Step 2: Click “spend tracking alert" and specify how you wish to be notified when the spending amount of your choice is reached within a billing cycle (email or text).
Step 3: Head back to the Account Services tab and choose “Account Alerts" if you wish to be notified about other types of account activity, including if the card is not present during a transaction (i.e., an online purchase), purchases exceeding a certain amount, or irregular account activity.
Within your recent activity, you'll see that your child’s name appears below each transaction. You can also click on the user's name to get a separate breakdown of all their transactions in one place. Beyond these optional features, you and your child can also enjoy benefits that kick in automatically—no set-up required.