Best checking account for minors

[Anonymous]

Looking for suggestions for the best bank / credit union that offers checking accounts for twelve year olds and can be joined from anywhere

[Sandman771]

I signed mine up for NFCU Student Checking. It is linked to mine and I can move money with my app when it is allowance time, plus I see the crap she wastes money on. I've been very happy. 

[Anonymous]

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@Anonymous wrote:
Looking for suggestions for the best bank / credit union that offers checking accounts for twelve year olds and can be joined from anywhere

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I doubt anyone will give a 12 year old a checking account. Chase, for example, allows at 13 as a custodial account. The first checking account I had in my name was at 16 with a local bank, but they would not provide a debit card until I was 18.

[Anonymous]

You may also wish to look into getting a credit card for your teenager after he or she turns 14.  That way your kid has four years of credit history when he turns 18.  This DCU card is a nice choice for that:

https://www.dfcufinancial.com/personal/cards/credit-cards/teen-and-student-visa

The best approach if you do go that route is for you to control the card, set it on autopay, and allow the teenager to buy groceries or a tank of gas once every four months or so.

Obviously there's no right choice: depends a lot on the parent and the particular kid.

[Anonymous]

I have a Navy account for my 14 year old, but that's the youngest they start checking accounts.
Was looking to do the same for my 12 year old to start her learning.
Both have already been made AU on a couple of CCs