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Teens The Best Banks for Teenagers  

Business and Company Info
302 votes 114 voters 2.1k views

Smart teenagers know that the piggy bank went the way of the dodo as far as banking options are concerned. They need a safe, reliable place to store their allowance money while they save up for concert tickets, a car, or college. Many banks and credit unions offer specialized accounts for teenagers, often linked to a parent’s account. Some of the top banks for teenagers offer free accounts, and have ATM cards with customizable spending limits. These ATM cards can be set to provide alerts to parents, to help track your teen’s budget, and to help teach your teen how to watch for any fraudulent activity. What are your teen’s banking needs? Do they have a job? With direct deposit, it’s easy to use a free checking account. Will they be doing most of their banking online or in person? Many top banks for teenagers offer discounts for customers who agree to bank using only online services and ATM transactions.

When you’re looking for the best deal, be sure to check out what perks the bank is willing to offer. It’s in their best interest to build trust and loyalty with young customers, in hopes that they will later return to the same bank for student loans, home loans, and adult banking services. Many of the top banks and credit unions offer young customers boosted interest rates or annual dividends for regular contributions to a savings account, and for maintaining a minimum number of ATM card uses per month. Specialized services, like photo deposit, are invaluable for students away at college, or traveling during school breaks. Young customers have a wealth of choices, and it’s easier than ever to be choosy in selecting the best bank for teenagers’ accounts.

list ordered by
1
29 13
Chase is listed (or ranked) 1 on the list The Best Banks for Teenagers
Bank, Financial Services, Commercial Banking
2
15 8
PNC Bank is listed (or ranked) 2 on the list The Best Banks for Teenagers
3
14 9
YOUR Community Credit Union is listed (or ranked) 3 on the list The Best Banks for Teenagers
YOUR Community Credit Union
4
5 7
Alliant Credit Union is listed (or ranked) 4 on the list The Best Banks for Teenagers
5
4 6
Capital One is listed (or ranked) 5 on the list The Best Banks for Teenagers
State Commercial Banks, Financial Services
6
4 6
Generations Federal Credit Uni... is listed (or ranked) 6 on the list The Best Banks for Teenagers
Generations Federal Credit Union
7
4 6
USAA is listed (or ranked) 7 on the list The Best Banks for Teenagers
Financial Services
8
7 10
Ally Bank is listed (or ranked) 8 on the list The Best Banks for Teenagers
Bank
9
4 7
Wells Fargo is listed (or ranked) 9 on the list The Best Banks for Teenagers
Investment banking, Financial Services, National Commercial Banks
10
3 6
NuMark Credit Union is listed (or ranked) 10 on the list The Best Banks for Teenagers
NuMark Credit Union
11
2 5
Incredible Bank is listed (or ranked) 11 on the list The Best Banks for Teenagers
Incredible Bank
12
1 4
EverBank is listed (or ranked) 12 on the list The Best Banks for Teenagers
Bank, Financial Services
13
4 8
Bank of the Internet is listed (or ranked) 13 on the list The Best Banks for Teenagers
Bank of the Internet
14
3 7
Suburban Bank & Trust is listed (or ranked) 14 on the list The Best Banks for Teenagers
Suburban Bank & Trust
15
2 6
Baxter Credit Union is listed (or ranked) 15 on the list The Best Banks for Teenagers
Baxter Credit Union
16
1 5
Landmark Credit Union is listed (or ranked) 16 on the list The Best Banks for Teenagers
Landmark Credit Union
17
1 5
ViewPoint Bank is listed (or ranked) 17 on the list The Best Banks for Teenagers
ViewPoint Bank
18
1 5
Associated Bank is listed (or ranked) 18 on the list The Best Banks for Teenagers
Associated Bank
19
1 5
NatWest is listed (or ranked) 19 on the list The Best Banks for Teenagers
Financial Services
20
1 5
Classic Bank is listed (or ranked) 20 on the list The Best Banks for Teenagers
Classic Bank
21
1 6
United Heritage Bank is listed (or ranked) 21 on the list The Best Banks for Teenagers
United Heritage Bank
22
0 5
Connexus Corporation is listed (or ranked) 22 on the list The Best Banks for Teenagers
23
0 5
STATE STREET BANK & TRUST CO is listed (or ranked) 23 on the list The Best Banks for Teenagers
24
0 5
One West Bank is listed (or ranked) 24 on the list The Best Banks for Teenagers
One West Bank
25
0 5
East West Bank is listed (or ranked) 25 on the list The Best Banks for Teenagers
State Commercial Banks, Financial Services