Checking account for a child

We use USAA and it is super easy to setup a kids checking account. With their account they have full access with their own app (if they have a tablet or phone) and it also shows up under my accounts in my USAA app. So I can see all activity and quickly send or remove money as needed. The account comes with free checks and a debit card. The debit card fully works with apple pay/google pay. Apparently not all minor debit cards work with those.

I believe the USAA account drops me off of it once my kids turn 18, if I remember right. I dont have to do anything later to separate them.

Capital One has a “Teen” checking account for ages 8+.

As mentioned, it gives them access to the account in the app, a debit card, etc. The account shows up under the parent’s account and you can set up allowances, control spending, etc.

We started both our girls with a Greenlight account. You can deposit money via an app that links to your bank account. It work like a regular debit card. Its a good way for them to learn before a real checking account.

Step
then Fidelity at 13 for investing.

Junior said he don’t trust banks. Only straight cash under the mattress homie

Check local banks/Credit Unions- my kids have accounts that pay them $25 every 9 weeks they bring in an A/B report card. I know Chase has one that’s connected to your account, too, but I’m not familiar with any benefits it might offer

Thanks for all the replies baws.