Wells Fargo Checking Account For Minors

Teens from the ages of 13 17 can open a teen checking account as long as a parent co signs the account.

Wells fargo checking account for minors. Wells fargo online access is available when your child reaches age 13. The account may be linked to a wells fargo debit card. This option gives your child access to their funds at age 18. Minors receive a wells fargo debit card to use in store online and over the phone as well as to make withdrawals at atms.

This account comes with a wells fargo visa debit card with chip technology to protect against theft. This account comes with online access free online statements and no monthly service charge on the account. Before that only you can make deposits and withdrawals as well as link the account to a wells fargo debit card. Wells fargo s special cd rates are far higher than chase s and it offers up to 2 15 on its platinum savings account.

Wells fargo atm network and fees. If you convert from another wells fargo checking account with check writing ability any outstanding check s presented on the new clear access banking account on or after the date of conversion will be returned unpaid and the payee may charge additional fees when the check is returned. Wells fargo money management tools can help your teen budget and track their spending. Your teen gets free access to over 13 000 atms and 5 800 branches with the wells fargo teen checking account.

This account comes with a visa debit card and the parent can set daily limits on withdrawals and spending. The bank announced that it has rolled out a new type of account clear access banking that boasts low costs and. Wells fargo has over 6 000 branches in over 40 states a much larger network than chase. Wells fargo s checking and savings accounts generally have lower monthly fees than chase s.

Parents can set daily limits on purchases and withdrawals.