No. There is no line of credit or overdraft protection feature associated with the Spend Card and kids cannot exceed the balance on their cards (the Spend Card is not a credit product and will not help build credit).
It is possible, due to unusual circumstances, that merchants will accept a Spend Card even though it doesn’t have enough funds, for example, a transaction that settles for an amount greater than the amount authorized. You are still responsible for any negative balance amount on your kids’ Cards. Please refer to the MCB Cardholder Agreement.
Check your child’s recurring charges to ensure there are sufficient funds on the card.
Negative balances may occur when there is not enough money in the card when tipping.
For some charges, where a tip may be added (like restaurants), Family Money retains an additional 15 - 20% for 1–2 days.
If the tip is greater than 20%, the amount will be corrected later at the time of transaction settlement. This may lead to a negative balance.In order to correct the negative balance, parents may transfer money from another family account or from the linked bank account; kids may transfer money from their Vault to cover negative balance.
It is a good practice to always have the extra money on the Card when tipping to avoid negative balances.