Category - teen
Open a wells fargo teen checking account at one of our approximately 6,000 retail banking stores. The advantage for teens is that, when a savings account is linked to the checking account, the bank provides extra tools to help set goals and track savings for the purchase of a car, travel, or. a teen checking account can guide your child toward better saving and spending habits and make them more familiar with banking. Keep in mind that if your child is under 18, he or she will. Help your teen take the first steps toward managing their own money. As joint account holders, you and your teen can talk through what it means to have a checking account in their name and how to use their debit card responsibly. See chase premier plus checking and other chase coupon offers for new customers. Tdecus elements teen club is designed to help young members, ages 13-17 develop solid financial habits for saving, budgeting and managing their money. With a 5 minimum opening deposit, your teen will have access to a wide range of financial products & services, including an interest-bearing savings and checking account, online & mobile banking and mobile deposit. If your teenager is among the 64 of those who earn money on their own 1, they may be able to grow their money with interest. You should open a savings account for your teen at a bank or credit union that offers digital banking, and that is also located near where you live. You could find a bank near your teens school, your local supermarket, or near your home. Apart from saving money on gas expenses, a digitally integrated, conveniently located bank will make it more likely that your teenager will make regular. A checking account can help teach teens, with a parents guidance, how bank accounts work, how to use online banking tools, and how to write a check. It can also help parents start discussions with their teens about the importance of creating budgets, managing spending, and saving money. If youre deciding whether to open a checking or savings account, know the differences.