With no income to save, a child’s savings account can feel a bit funny. But it can be a useful tool for parents to employ. By helping your kids develop good money habits and become familiar with ...

Capital One offers a savings account for kids of any age, as well as a checking account for kids ages 8+. Upon turning 18, they can keep their account or open one of Capital One’s adult accounts ...

The teen checking account is designed for teens aged 13 to 17, while the savings account is ideal for kids 12 or younger. Both accounts are meant to be jointly owned with a parent or grandparent.