Kids Bank Account Finder: Compare Savings Accounts for Minors

Looking for a savings or bank account for your child? Set the age, fee limit, and features you care about — interest, FDIC insurance, multi-kid support — and see which accounts fit.

Disclosure: Some links on this page are affiliate links. If you open an account through them, we may earn a commission at no extra cost to you. This never affects how products are ranked. Learn more.

Chase First Banking

Free Ages 6+ Up to 5 kids

Parental controls
Savings goals
FDIC insured
Multiple kids
Chores & allowance

Pros

$0 monthly fee — Greenlight-powered features at no cost
Chores, allowance, savings goals and spend-by-category controls
Up to 5 kids' accounts per parent/guardian
Big-bank FDIC insurance and 14,000+ Chase ATMs

Cons

Parent must hold a qualifying Chase checking account to open one
Funding only from the parent's Chase checking — no cash/check/branch/direct deposits
No interest, no investing, no P2P (Zelle/Venmo) support
Non-Chase ATM and foreign-transaction fees still apply; $100/day ATM and $400/day purchase limits

· FDIC insurance via JPMorgan Chase Bank, N.A.

Visit Chase First Banking

Capital One MONEY Teen Checking

Free Ages 6+ Up to kids

Parental controls
Savings goals
Savings interest (APY)
FDIC insured
Multiple kids

Pros

Fee-free: no monthly/maintenance fees or minimums, even after the teen turns 18
Joint account with separate parent and kid logins and real-time alerts
Zelle access for teens 13+ (with parental consent, $500/day cap)
Earns 0.10% APY on all balances — rare for a kids' checking account
Converts seamlessly to an adult 360 Checking relationship at 18

Cons

0.10% APY is negligible versus dedicated savings products
No chore/allowance task system — only scheduled allowance transfers
No investing features
$500/day combined card limit for minors

0.10% APY on all balances (capitalone.com, effective 2026-09); Kids Savings is a separate product at 2.50% APY · FDIC insurance via Capital One, N.A.

Visit Capital One MONEY Teen Checking

How we rank

Accounts that match all of your filters appear first, ordered by feature coverage and then by lowest monthly fee. Affiliate relationships never affect the order. If nothing matches every filter, we show the three closest options instead of an empty list.

Product data is compiled from public information (official pricing and legal pages, app store listings) and cross-checked across sources. It is based on public information, not hands-on testing. Data last reviewed: 2026-09-13. This tool provides comparisons based on public data — it is not financial advice.