The path to financial independence

The Alliant Teen Checking Account is specially designed to help your teen learn how to responsibly manage money.

The Run Down
  • Members between 13–17 years old are eligible
  • Joint ownership for parents
  • No minimum or maximum balance
  • Over 80,000 surcharge-free ATMs59
  • Easily manage money through mobile and online banking
  • ATM rebates up to $20/month for out-of-network ATMs78
  • No monthly service fee78
  • Free Visa ® debit card and first box of checks
Rates
0.65 %
APY
0.648 %

Supercharge your free teen checking account with the high-rate checking option. Simply opt in to eStatements and have at least one monthly electronic deposit to the teen checking account to start earning a great interest rate. Learn more about high-rate checking.

Bank on the Go!

Our mobile app gives you access to your Alliant Account in the palm of your hand.

Download the Mobile App

All the perks

Teens who learn how important it is to be responsible with their money today are more likely to make good financial decisions tomorrow.

Easy access

Tired of ATM fees? With ATM rebates up to $20 per month, every ATM is your teen’s ATM.

Mobile-friendly

No need to carry a debit card — teens can pay with the touch of a button using Apple PayTM, Samsung PayTM or Android PayTM! 

No unexpected fees

You won't pay monthly service or minimum balance fees with Alliant Free Teen Checking. Standard fees, such as non-sufficient funds and check printing do apply — see our simple fee schedule for a complete list.

Smart limits

Have peace of mind with $100 daily cash withdrawal limits & $300 daily spending limits on debit card purchases. All free teen checking accounts have a parent or a guardian as a joint owner who will have full access to the account in order to help your teenager manage his/her finances.

Two free Visa® debit cards

You'll receive two free Visa debit cards, one for you and one for your teenager, and a free box of checks when you join! After the first box, you can order more checks through Alliant Online Banking. Your checks will include your name as well as your teen's name. 

Security

Your teen's money is safe and secure

Your account is protected against fraudulent purchases made with your Visa debit card with the Visa zero-liability guarantee37. Plus, your shared online and mobile banking access to your teen's account helps you provide parental guidance on money matters. You'll also be able to access your teen's eStatement online at any time via online banking.

Lost or stolen debit card
If your card is lost or stolen, please call us at 800-328-1935. For international inquiries, call 773-462-2000.

See our security center to learn more about how you and your teenager are safe with Alliant.

Unlimited fast transfers

Transfer money between Alliant accounts or to accounts outside of Alliant for free. You can schedule transfers as one time, future or recurring. There's no limit to the number of transfers you can make. Standard ACH transfers are free. We also offer wire transfers for a fee of $25 (domestic) and $50 (international). With an Alliant Free Teen Checking Account, only a parent/guardian can set up ACH and outgoing wire transfers.

Awards & Recognition

Kiplinger's logo

"Best Deals in Banking of 2015" - Kiplinger

GoBankingRates Logo

"Best Banks for High School Students" - GoBankingRates

Nerdwallet's logo

"Best Teen Checking Accounts of 2016" - NerdWallet


Step 1: Download and fill out Teen Checking application

Is your teen a member of Alliant?

(membership is required)

Yes, they are a member. I only need to open a Teen Checking Account.

Teen Checking (PDF)

No, I need to open their membership and Teen Checking Account at the same time.

Membership + Teen Checking (PDF)

Step 2: Submit application

To submit your PDF application via secure email, fill out the form below and we will email you with instructions within one business day.

 

We’ll give you a call if we need additional information from you. If you have mailed in your application and haven’t heard from Alliant about the status of your account within 14 business days after applying, or have faxed in your application or dropped it off a branch & haven’t heard from us within 7 business days, give us a call at 800-328-1935 and request an update.


Need an alternative way to submit your application?

Mail to:

Alliant Credit Union 
Attn: Account Services
PO Box 66945
Chicago, IL 60666-0945

Fax to:

(773) 462-2124

Visit a branch

Find a branch near you

Free Teen Checking Account Rates61

0.65 %
APY
0.648 %

Let Me Know When Alliant Rates Gets Even Better

Free Teen Checking Fees

Non-standard service fees may apply. Fees subject to change. View our full fee schedule.

Overdraft Transfer (max per day) $3
Non-Sufficient Fund (NSF) Item (each) $25

Free Teen Checking FAQs

Who is eligible for an Alliant Free Teen Checking Account?

Members who are 13–17 years of age are eligible to open an Alliant Free Teen Checking Account.

What are the requirements for the free high-rate checking option?
  1. Opt out of paper statements and start receiving free eStatements: Log in to Alliant Online Banking and select “View Statements” from the right side of the page.
  2. Have at least one of the following recurring monthly electronic deposits to your Alliant Checking Account: Direct deposit, monthly ATM deposits or transfers from another financial insitution into your Alliant account. Note: transfers between your Alliant accounts do not qualify as an electronic deposit.
What is the difference between a regular free checking account and a free teen checking account?

The free teen checking account must be opened as a joint account with a parent or guardian. It offers many of the same features as our free checking account, but it offers greater peace of mind for parents or guardians through a variety of controls.

What are the benefits of having an Alliant Free Teen Checking Account?

The Alliant Free Teen Checking Account is great way for teens to learn about and practice financial management. The teen account offers many of the same benefits as our Alliant Free Checking Account, including online banking, mobile banking, ATM rebates, high-rate checking and overdraft protection. Plus, the Alliant Teen Checking Account provides stricter access limits for debit card purchases and ATM withdrawals. Note: Parent/guardian must set up overdraft protection on a free teen checking account. 

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