Credit Card Center Advertiser Disclosure†
11-07-2009 06:42 AM
11-07-2009 06:52 AM
11-07-2009 07:03 AM - edited 11-07-2009 07:04 AM
Help your teen save money
* No monthly service fees and no minimum balance required.
* Use any ATM nationwide for free — we reimburse fees the other banks charge.1
* Free rewards debit card 2 - earn cash back or points toward cool stuff like iPods®, DVD players and more.3
* Free overdraft protection
1 USAA does not charge a fee for the first 10 ATM withdrawals and refunds up to $15 in other banks' ATM usage fees each month. A 1% foreign transaction fee applies to withdrawals outside the United States.
2 Earn 1 point for every $2 debit card purchase. Select "credit" at checkout; PIN-based purchases do not earn points. Restrictions apply. See USAA Total Rewards Program Terms and Conditions.
3 iPod is a registered trademark of Apple Computer, Inc. All rights reserved. Apple® is not a participant or sponsor of this promotion.
4 iPhone is a registered trademark of Apple Inc.
11-07-2009 07:45 AM
I did this for my kids. They both have teen checking accounts from USAA with debit cards (moved them over from Discover's Current).
Anyone can open USAA's checking, savings, and invenstment products. It's the credit/loan and insurance side that is restricted. Only problem I had was that I had to call their CS to get my kids added to my account so I could open their checking accounts. But it was a painless process -- USAA's CS has been great for me.
11-07-2009 07:46 AM
Not sure where you live but Compass Bank also does rebate the fees.
11-07-2009 07:52 AM
11-07-2009 08:43 AM
11-07-2009 07:07 PM
Alliant CU belongs to several fee-free ATM networks, one of which is Allpoint. Here in the Northeast, you can find Allpoint network ATMs in 7-Eleven stores, CVS & Walgreens drug stores & Stop & Shop supermarkets - just to name a few.
ING Direct's Electric Orange checking account is also associated with Allpoint, although this account pays a much lower interest rate than Alliant's checking account.
11-07-2009 07:29 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.