subject: Prepaid Credit Cards: Benefits and features [print this page] Parents can control the spending habits of children by providing the prepaid credit cards because they can only spend the amount as per the availability of amount in saving account. In past, parents were not able to control the spending of children. As a result before crossing the 18 years of age, many children had to face bad credit problems. They are reliable source of funds and can be used for sales and purchase anywhere. You can transfer the money from any part of the globe within few minutes if you face short of money issue.