Bank Account For Teenager. For teenagers, having a checking account prior to heading off to college can provide valuable real-world experience in managing a budget, cash flow Your teen won't stay a teen forever, and that also rings true for the teen account. MONEY is a teen checking account with zero fees and a fee-free debit card.
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. You can choose a regular savings account, which is easy to set up at any bank and sign up for in person, though it may require a higher daily minimum balance requirement. Find out more about our accounts for teenagers and children here.
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Help your teen take the first step towards managing their own money with a bank account from Capital One.
Apart from saving money on gas expenses, a digitally integrated, conveniently located bank will make it more likely that your teenager will make regular. This one is about why and how to set up a bank account. Read on to find the best account for kids that While your teenager is spending, he or she is also learning.