We reviewed and compared the best checking accounts for teens based on minimum deposit, fees, age limit to open, and more so you can make the best choice.
Capital One is known for its technologically advanced apps and approachable products. Here is a comprehensive guide to Capital One Checking Accounts.
Company, Forbes Advisor Rating, For Ages, Annual Percentage Yield ; Capital One MONEY Teen Checking, 4.8, 8+, 0.10% ; Chase First Banking℠, 4.3, 6 to 17, None ; Alliant Credit Union Teen Checking, 4.0, 13 to 17, 0.25%
Considering a checking account for your teen? Here are our picks for the best checking accounts that will teach your teen how to manage their money.
Key takeaways ; A teen checking account – also referred to as a student checking account – is a joint account with you and your teenager as co-owners of the account. ; You can open a Citizens Student Checking account when your child turns 14. ; Teen checking accounts help teenagers learn how to check their balance, set up direct deposit, use ATMs, use a debit card, budget, and transfer money.
Live Your Best Life — Let Us Help ; 5 Ways to Get Fit—and Save Money—at Home ; How to Create a Budget (and Stick to It) ; Top Financial Tips for College Students (and Parents!) ; How to Choose a Financial Institution ; What is Financial Wellness? ; 6 Tips to Shop Online Safely ; Choosing a Checking Account for a Teenager ; Checking vs. Savings: Which Account Vibes with Your Financial Goals?
What are the pros and cons of giving your teen access to their own checking account? ; What safeguards can you put in place? ; What’s the right age to open a checking account? ; What are some alternatives to consider?
If you're looking for the best checking accounts for teens, these top five picks are worth considering. Find out how their features, pros and cons compare.
The best joint bank accounts offer perks like competitive annual percentage yields (APYs)... More details Capital One Money Teen Checking Best joint account for teenagers Parents that want...
Vault’s Viewpoint ; Chase Bank has eight personal checking account options for consumers. ; Most checking accounts at Chase charge a monthly fee that can be waived if customers meet specific criteria. ; Chase regularly offers bonuses when new customers sign up for an account.