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Should kids have credit cards?

Posted at 7:58 AM, Mar 28, 2019

BUFFALO, N.Y. (WKBW) — As a parent would you trust your child with a credit card? A new report from says more and more parents are allowing their kids to carry cards.

Nearly 10% of parents with kids under the age of 18 say at least one child has a credit card. The report also found the more a parents makes, the more likely a child is to have a credit card. About 21% of parents, however, say their child has used their credit card without their permission at least once.