Kickstart your child’s financial future with the Capital One Money Teen Checking account – this account is a great starter to teach your teen about money!
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.
Account Benefits
- 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.
- 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.
- 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.
Conclusion
Find our full list of bank bonuses for more options.
