MONEY Teen Checking account

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


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.

Money Teen Checking Benefits

Not just for teens

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

Bank securely

Your online checking account is safe with FDIC insurance and fraud coverage.

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.


Find an ATM or Capital One location near you.

When you need us, we’ll be there. Visit a Capital One ATM or branch near you or experience Banking Reimagined® at a Capital One Café.


Earn interest each month with a teen checking account.

Account Balance Annual Percentage Yield (APY)
Any Balance NaN


APYs are variable and effective as of 5/17/2024.

What customers are saying

“I like that my teens can have their ‘own’ accounts and cards–and that I can monitor them. I also like getting a little interest for the money I have in the account.”

Saint Joseph, MN


MONEY teen checking accounts are only available online. That means you and your child will be able to open an account, transfer money, talk about spending, and practice their budgeting skills—all from the couch.

While this checking account is designed for teenagers, any child age 8+ can be a joint account holder with their parent or legal guardian. Once they turn 18, your teen can choose to open a 360 Checking account and transfer their balance from their MONEY account. (If they don’t choose to open a 360 Checking checking account, their MONEY account will remain open.)

Nope! You can link any external bank account if you’re not a Capital One customer.

There are no fees to open, keep or use your MONEY account or debit card, for foreign transactions, or to transfer money from internal or external accounts.