MONEY TEEN CHECKING
A teen checking account & debit card
It’s financial freedom for them, with parental controls for you.1
No fees
No monthly or maintenance fees—even after your teen turns 18.
No minimums
No minimum deposit to open, keep or use a MONEY Teen Checking account.
No worries
You can link accounts—at Capital One or other banks—to MONEY Teen Checking.
Parental controls
Parents can monitor their teen’s spending, track activity and lock or unlock their teen's debit card.
Customized views
Parents and teens each have an account sign-in and get different app experiences.
Good money habits
Teens can set goals and track their spending and saving progress.
Add cash in store
Add cash to your account at any CVS®, Walgreens or Duane Reade by Walgreens in the U.S.
FDIC insurance
Their account balance is fully insured up to the FDIC’s allowable limits.
Security & fraud features
Banking security features help manage their money with confidence.
Get a free debit card
Your teen can use this card to make purchases, as well as access their money at 70,000+ fee-free ATMs.
FREQUENTLY ASKED QUESTIONS
What are the fees for a teen checking account?
There are no fees to open, keep or use your MONEY Teen Checking account or debit card, or to transfer money from internal or external accounts. And even when your teen turns 18, there will still be no fees.
What is an online teen checking account?
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.
What are the age requirements for opening a MONEY Teen Checking account?
The MONEY Teen Checking account is available for kids as young as 8, who can be joint account holders with a parent or legal guardian. At 18, they have the option to open a 360 Checking account and transfer their balance from their MONEY Teen Checking account. If they choose not to, their account will stay open.
Does a MONEY Teen Checking account earn interest?
Yes! Your teen can earn interest each month on their MONEY Teen Checking account. As of 8/22/2025, they’ll earn an annual percentage yield (APY) of NaN on any balance. Interest on their account will be compounded and credited on a monthly basis. Their account will only receive an interest posting if the amount earned during the month rounds to at least $0.01.
MONEY MANAGEMENT 101
LOCATIONS
Find an ATM or Capital One location near you
When you need us, we'll be there. Visit a Capital One Café, ATM or branch near you.