MONEY teen checking account

A fee-free bank account for teens with a debit card and a top-rated mobile app.

Open Account

A top-rated

mobile app

Birthday gifts, allowance, babysitting money—transferring money to your kid is a snap.

No fees

and no minimums

Seriously—there are no monthly service fees or balance requirements.

Debit card

for kids

Kids get independence, you get peace of mind with alerts, card lock/unlock and more.

TEEN CHECKING AT YOUR FINGERTIPS

1 joint account, 2 unique experiences

Parents and teens have their own mobile app logins for MONEY. Teens can manage their money, while parents have visibility and control.

Make money decisions and learn by doing

Teens can use our top-rated app to put allowance, birthday & graduation money to good use, like saving for a car or something special.

Peace of mind for you, guard rails for your kids

The app makes it easy to auto pay allowance, track account activities, and lock and unlock your kid’s debit card if you need to.

MONEY TEEN CHECKING BENEFITS

Not just for teens

Kids, tweens and teens welcome—this checking account is for all kids ages 8+.

Recently named

MONEY checking is one of GOBankingRates' Best Checking Accounts of 2020.

Parental controls

Stay on top of your child’s spending and take advantage of teachable money moments.

Link external accounts

No Capital One account? No worries—parents can link any account to MONEY.

Free debit card

Kids can use their card to access their money at 70,000+ fee-free ATMs nationwide.

No fees or minimums

Plus, your teen will earn interest on their checking account balance.

LOCATIONS

Your health and safety are our top priority

We are reopening with care, but some locations may still be impacted by COVID-19. In the meantime, you can access ATMs in branches that have reopened, in external vestibules at branches and Cafés, and at select Target®, CVS Pharmacy® and Walgreens® locations. Please use this search to check the status of locations near you.

OUR RATES

Earn interest each month with a teen checking account.

ACCOUNT BALANCE ANNUAL PERCENTAGE YIELD (APY)

Any Balance

APYs are variable and effective as of .

WHAT CUSTOMERS ARE SAYING

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