Birthday gifts, allowance, babysitting money—transferring money to your kid is a snap.
Seriously—there are no monthly service fees or balance requirements.
Kids get independence, you get peace of mind with alerts, card lock/unlock and more.
TEEN CHECKING AT YOUR FINGERTIPS
Parents and teens have their own mobile app logins for MONEY. Teens can manage their money, while parents have visibility and control.
Kids, tweens and teens welcome—this checking account is for all kids ages 8+.
MONEY checking is one of GOBankingRates' Best Checking Accounts of 2020.
Stay on top of your child’s spending and take advantage of teachable money moments.
No Capital One account? No worries—parents can link any account to MONEY.
Kids can use their card to access their money at 70,000+ fee-free ATMs nationwide.
Plus, your teen will earn interest on their checking account balance.
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.
|Account Balance||Annual Percentage Yield (APY)|
APYs are variable and effective as of 1/26/2022.
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.