As a parent, you constantly deal with striking the right balance between giving your children the guidance and direction they need and letting them have the independence to make their own decisions. There’s not always an “easy” button.
With the best teen checking account options today, parents can worry less about the struggle between providing guidance and enabling autonomy as teen account options have begun to develop essential money skills in kids ahead of entering adulthood.
Teach your kids to spend, save and earn with Chase First Banking. The account helps parents teach teens and kids about money by giving parents the control they want and kids the freedom they need to learn.
Nationwide’s First Checking also acts as an ultimate starter checking account with a debit card for teens. We feel both deserve spots on this list for their features and price point: free (no monthly fees).
Capital One MONEY Teen Checking acts as a money management account with a debit card and a top-rated, free mobile app for teens. It’s hassle-free and designed to give you peace of mind as your kids grow into independence.