Checking Accounts for Teens

Overview

Guide your teen to financial independence

Free Checking: A great starter account with full-service features

When your teen is learning about money management and banking, a checking account is a great first step. A checking account can help teach teens, with a parent’s 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. 

The BBVA Compass ClearChoice Free Checking Account is a great choice for a starter account.

  • Minimum opening deposit of $25
  • Checking accounts with a minor account holder must be originated in branch and jointly owned with an adult over the age 18 or over the age of 19 in Alabama
  • The adult and child account holders must both be present at account opening

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No monthly Service Charge

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Parents can monitor account activity and set up alerts with BBVA Compass Mobile Banking app

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24/7 account access and online deposits

Features

Our Free Checking account comes loaded with free features.

Details you need to make a smart decision

All checking accounts and Debit Cards are subject to approval, which may include credit approval. $25 minimum opening deposit required. Please refer to the Terms & Conditions for additional details. Additional terms and miscellaneous fees may apply. Products, features, and benefits offered with accounts are subject to change at any time.

1Checking accounts with a minor account holder must be originated in branch and be jointly owned with an adult over the age 18 or over the age of 19 in Alabama. Minimum debit card issuance age is 16 years old. 

Mobile Deposit is subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. See Terms of Use for details, including information on funds availability. Mobile Deposit® is a registered trademark of Mitek Systems, Inc.