is an online account that makes using any ATM in the United States easy. Not only can you use any ATM, but Axos will also reimburse you for fees charged by other ATMs nationwide with no limits. That’s one of the best deals for free ATMs you’ll find anywhere.
Opening an account is quick and simple. Accounts are primarily managed through the Chime app on iOS or Android. If the account is overdrawn with a debit card purchase, Chime will cover up to $200 in overdrafts for qualified users with no added fees. You can deposit cash at any Walgreens, and free withdrawals are available from ATMs at Walgreens, 7-Eleven, CVS, and Circle K locations. The package of features from this FDIC-insured account is so good that many parents may want to sign up, too.
for the future. The account also pays interest on deposited balances. It’s not the best interest rate, but it’s good compared to the average checking account, many of which pay no interest to account holders.Marketed as a teen checking account, Capital One MONEY is a good option for students ages eight to 17. MONEY checking accounts are joint accounts with a young person and a parent or legal guardian. The account has no recurring monthly fees or minimum balance requirements.
USAA Youth Spending Accounts are only for kids through age 17. When 18 or older, USAA Classic Checking is also an excellent choice. Both of these accounts pay a minuscule 0.01% APY interest rate, however, so you’ll likely want to use a separate savings account to earn on larger balances.Discover Cashback Debit Account is a checking account with almost no fees. The only charge is for sending external wire transfers.