Parent's CC on teen grid acct?

I'm thinking of buying my son an account on the teen grid, but I'm concerned that he will be able to buy Linden on my payment info without my knowledge. Is this possible? Or are there restrictions that I can place on him purchasing Lindens with the CC info on his account?

I couldn't find anything about this in the teen grid FAQ or anywhere else...anyone know how this works?

Thanks!

Hello, Junie.
Currently, there is a US$25 monthly limit on CC charges for LindeX transactions. We are considering creating additional tiers to allow the CC holder to limit any charges or allow more charges, should their teen entreprenuer need greater access to LindeX.

Currently, there is no CC limit on land purchases. We are looking at possibly adding land tiers once the LindeX tiers for teens are in place.

I would suggest that parents with concerns might want to discuss with their teens how finances in SL work, create some clear agreements about budgets, and request this report page on the Teen Second Life website. The parent could ask the teen to walk them through the report each month and keep them posted that way on any purchases made.