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Teens The Best Banks for Teenagers  

Business and Company Info
287 votes 100 voters 1.6k 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
23 10
Chase is listed (or ranked) 1 on the list The Best Banks for Teenagers
Bank, Financial Services, Commercial Banking

2
14 7
PNC Bank is listed (or ranked) 2 on the list The Best Banks for Teenagers

3
12 9
YOUR Community Credit Union is listed (or ranked) 3 on the list The Best Banks for Teenagers
YOUR Community Credit Union

4
7 9
Ally Bank is listed (or ranked) 4 on the list The Best Banks for Teenagers
Bank

5
5 7
Alliant Credit Union is listed (or ranked) 5 on the list The Best Banks for Teenagers

6
4 6
Capital One is listed (or ranked) 6 on the list The Best Banks for Teenagers
State Commercial Banks, Financial Services

7
4 6
Generations Federal Credit Uni... is listed (or ranked) 7 on the list The Best Banks for Teenagers
Generations Federal Credit Union

8
4 6
USAA is listed (or ranked) 8 on the list The Best Banks for Teenagers
Financial Services

9
3 6
NuMark Credit Union is listed (or ranked) 9 on the list The Best Banks for Teenagers
NuMark Credit Union

10
2 5
Incredible Bank is listed (or ranked) 10 on the list The Best Banks for Teenagers
Incredible Bank

11
1 4
EverBank is listed (or ranked) 11 on the list The Best Banks for Teenagers
Bank, Financial Services

12
4 8
Bank of the Internet is listed (or ranked) 12 on the list The Best Banks for Teenagers
Bank of the Internet

13
3 7
Wells Fargo is listed (or ranked) 13 on the list The Best Banks for Teenagers
Investment banking, Financial Services, National Commercial Banks

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
Associated Bank is listed (or ranked) 16 on the list The Best Banks for Teenagers
Associated Bank

17
1 5
Landmark Credit Union is listed (or ranked) 17 on the list The Best Banks for Teenagers
Landmark Credit Union

18
1 5
ViewPoint Bank is listed (or ranked) 18 on the list The Best Banks for Teenagers
ViewPoint Bank

19
1 5
Classic Bank is listed (or ranked) 19 on the list The Best Banks for Teenagers
Classic Bank

20
1 5
NatWest is listed (or ranked) 20 on the list The Best Banks for Teenagers
Financial Services

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
Rabobank is listed (or ranked) 23 on the list The Best Banks for Teenagers
Investment banking, Bank

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

26
0 5
Wescom Credit Union is listed (or ranked) 26 on the list The Best Banks for Teenagers
Financial Services

27
0 5
STATE STREET BANK & TRUST CO is listed (or ranked) 27 on the list The Best Banks for Teenagers

28
0 6
First Bancorp is listed (or ranked) 28 on the list The Best Banks for Teenagers
State Commercial Banks, Financial Services

29
0 6
Navy Federal Credit Union is listed (or ranked) 29 on the list The Best Banks for Teenagers
Financial Services

30
0 7
U.S. Bank is listed (or ranked) 30 on the list The Best Banks for Teenagers
Financial Services

31
0 7
First Internet Bank of Indiana is listed (or ranked) 31 on the list The Best Banks for Teenagers