Anonymous
07/12/2025 16:15
Subject: how many bank accounts does your kid have at college?
Anonymous wrote:Kid now has a debit card linked to a savings account. we can add money into that account at a moments notice
does he need a checking account, credit card, etc? I think he needs checking if he wants to pay a credit card. seems like a lot to manage.
3 accounts here:
Account 1) for basic monthly necessities
Account 2) for purchases and trips in the US, clothes, drinks, bar tabs, etc.
Account 3) for international travel. My kids is a UCSD and their friends are from all over Central America.
Anonymous
07/12/2025 16:14
Subject: how many bank accounts does your kid have at college?
Anonymous wrote: No debit cards who does that? Financial literacy 101
Bank account checking or a savings to pay rent and utilities if needed
Credit card for all other purposes
Yes your kid pays that bill the6 are an adult
If you want to pay it for them put some money in their bank account
We need debit cards because our consulate in DC only accepts debit cards, for any transaction (passport and identity card renewal, etc ). Also our home country is very big on debit cards, and has trouble with a lot of American credit cards.