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.
TEEN CHECKING AT YOUR FINGERTIPS
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.
Money Teen Checking Benefits
Not just for teens
Kids, tweens and teens welcome—this checking account is for all kids ages 8+.
Recently named
MONEY checking is one of GOBankingRates' Best Checking Accounts of 2020.
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.
LOCATIONS
Find an ATM or Capital One location near you.
When you need us, we’ll be there. Visit a Capital One ATM or branch near you or experience Banking Reimagined® at a Capital One Café.
OUR RATES
Earn interest each month with a teen checking account.
| Account Balance | Annual Percentage Yield (APY) |
|---|---|
| Any Balance | NaN |
APYs are variable and effective as of 11/7/2022.
FREQUENTLY ASKED QUESTIONS
What is an online teen checking account?
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.
What are the age requirements for opening a MONEY teen checking account?
While this checking account is designed for teenagers, any child age 8+ can be a joint account holder with their parent or legal guardian. Once they turn 18, your teen can choose to open a 360 Checking account and transfer their balance from their MONEY account. (If they don’t choose to open a 360 Checking checking account, their MONEY account will remain open.)
Do I have to have a Capital One account to open a MONEY account for my teen?
Nope! You can link any external bank account if you’re not a Capital One customer.
Really, what are the fees for a teen checking account?
There are no fees to open, keep or use your MONEY account or debit card, for foreign transactions, or to transfer money from internal or external accounts.