Is it is possible to transfer money from kids´ Microsoft account to Parents`?

You can try contacting support and speak to billing to see if there is anything they can do, but generally nothing can be transferred between accounts. 1-800-4my-xbox if you're in the US/Canada or http://support.xbox.com/contact-us

You can try contacting support and speak to billing to see if there is anything they can do, but generally nothing can be transferred between accounts. 1-800-4my-xbox if you're in the US/Canada or
http://support.xbox.com/contact-us

Thanks a lot!

you can indeed transfer money from a parental account to a child account, can be done accidentally too, not sure if there is a way to transfer back as child account cannot transfer money.

Really, Microsoft account balance method this is like a scam. You transfer money across from a parent account to allow a child account to "buy apps" responsibly - apps owned by Microsoft - and now the balance there is useless because, wait for it, you can't use it. Total waste of money! You can't even transfer the balance to another family account. Hopeless.

I take it I can not transfer the Xbox profile to another Microsoft account? As a parent that set up the game when my kids were young, it should be transferable once the child comes of age.

So is it possible then to delete gamer tags /Minecraft profiles and restart completely so that they can use their current emails? Or will that screw up my Xbox account?