Start teens off right by teaching them smart financial habits today.
Open Now
Best Teen Checking Account
Forbes Advisor
Nerdwallet
Best Credit Union Teen Checking Account
Business Insider
Say hello to 80,000+ fee-free ATMs and up to $20/month in ATM fee rebates. Wave goodbye to monthly service and minimum balance fees, plus earn 0.25% APY interest. 59,61,78
Reduce the time to receive part-time job paychecks up to two days with Early Payday: Complimentary and automatically active on eligible direct deposits.110
Depend on Alliant to make sure our app on your teen's smartphone makes account management and budgeting simple. We’re a 100% digital credit union, it’s our expertise.
Simply tap your contactless debit card—one for you, one for your teen—when purchasing clothes, pizza, even gas. Fast, easy and your account is covered with state-of-the-art fraud protection.
Daily debit card limits provide peace of mind and curb splurges. Teen checking daily limits are $500 in cash ATM withdrawals, $500 in debit card PIN-based purchases and $5,000 in debit card signature-based purchases.
It's easy to move money from your Alliant account to your teen's, whether it's a one-time transfer or recurring transfers, like their weekly allowance. Standard ACH transfers are free, and only the adult joint owner can set up outgoing transfers.
Adult joint owners have full account access and can set up transaction alerts to monitor their teen's spending. Joint owner must be an Alliant member.
Your teen's smartphone and the Alliant Mobile App make account management and budgeting simple. They can even leave their debit card at home, because it's compatible with digital wallets like Apple Pay™, Samsung Pay™, Google Pay™ and other payment apps like PayPal, Venmo and Cash App.
Receive alerts via text message, email or mobile app to keep you informed when there’s unusual account activity.
Rest easy knowing the funds in Alliant deposit accounts are federally insured up to $250,000.
Teens can watch their money grow at a rate 15x the industry average in the Alliant High-Rate Savings Account that comes with Alliant’s Teen Checking account.71
Parents, guardians: The key to teaching your teen smart money management skills is talking to them about money and giving them increased responsibility. Here’s how our teen checking account helps:
Joint owner not already an Alliant member? Joint owner will open a separate membership and savings account as part of the application process.
Once the application is approved, the teen can use their own information to setup a user name and password for their Alliant online banking account.
Setup recurring transfers to the Teen Checking Account using Alliant online banking or the mobile app.
Learn how teen checking accounts differ from regular checking and if one is right for someone in your life between the ages of 13 and 17.
Teaching budgeting basics with a teen checking account
Save now vs. save later
How to choose a teen debit card: What age can you get a debit card?
Supercharge your teen checking account! To earn our great interest rate each month, simply opt in to eStatements and have at least one electronic deposit to your teen checking account.61
Non-standard service fees may apply, please view our full fee schedule. Fees subject to change.
Members who are 13–17 years of age are eligible to open an Alliant Teen Checking Account.
Yes, joint owners can view your teen’s checking and savings accounts once given access. To view Alliant joint account(s) within online banking, the primary account owner must first give access.
For teen checking accounts, your teen should log in to Alliant Online Banking, then click into their Alliant Teen Checking account in the left sidebar of the main My Accounts page.
1. Select “Account Details.” 2. Select “Manage Joint Owners.” 3. Select “Manage Online Access.” 4. Follow the onscreen prompts to select the account(s) your teen would like you to have access to. 5. Click “Update.”
After your teen completes the above steps, you can view your teen's checking account by logging into your Alliant Online Banking.
You can create a login to access the Teen Checking Account in online banking and the mobile app. When you set up your Alliant Online Banking credentials, you should use the minor’s information when setting up the teen checking account. If you opened your account over 30 days ago, you will need the membership number (10 digits), which was mailed with the welcome letter after becoming a member. Once your teen creates a login for their checking account, they will need to set grant your access to view their account within your Alliant Online Banking Account.
If your debit card was lost or stolen, please call us at 800-328-1935. For international callers, contact us at 773-462-2000. You can also report a lost or stolen debit card by logging in to your secure Alliant online banking account or the Alliant mobile banking app.
Yes, but you must meet two simple requirements monthly to qualify. If you don’t fulfill each requirement monthly, you won’t earn high-yield checking interest for that month. Requirements include:
1. Opt out of paper statements and start receiving eStatements.
2. Have at least one of the following recurring monthly electronic deposits to your Alliant Teen Checking Account: Direct deposit, monthly ATM deposits or transfers from another financial institution into your Alliant account. Transfers between your Alliant accounts do not qualify as an electronic deposit.
An Alliant Teen Checking account must be opened as a joint account with a parent or guardian. It offers many of the same features as our regular checking account, but it offers greater peace of mind for parents or guardians through a variety of controls.
The Alliant Teen Checking Accounts will automatically convert to a regular Alliant Checking Account once the accountholder turns 18. The existing joint owner(s) will continue to remain as joint owner(s) unless they are specifically removed by the primary owner. We'll send a new debit card, which should be activated as soon as possible. The debit cards for the teen account should be shredded, as they will be deactivated shortly after the teen's birthday. At account conversion, the daily ATM Debit Card spending and withdrawal limits will be increased to the regular checking account limits.
Yes, your deposits in your Alliant accounts are federally insured by the National Credit Union Administration (NCUA). No member of a federally insured credit union has ever lost one penny of insured savings. For more details, visit our NCUA page.
You are leaving Alliant’s website to enter a website hosted by an organization separate from Alliant Credit Union. The products and services on this website are being offered through LPL Financial or its affiliates, which are separate entities from, and not affiliates of, Alliant Credit Union.The privacy and security policies of the site may differ from those of Alliant Credit Union.
You are leaving an Alliant Credit Union website and are about to enter a website operated by a third-party, independent from Alliant Credit Union. Alliant Credit Union does not manage the operation or content of the website you are about to enter. Alliant Credit Union is not responsible for the content and does not provide any products or services at this third-party website. The privacy and security policies of the site may differ from those of Alliant Credit Union.
