Open Bank Account For Child Wells Fargo

While the union bank does not have checking accounts dedicated to kids they do encourage pre teens and teens to open savings accounts with their parents.

Open bank account for child wells fargo. If you convert from another wells fargo checking account with check writing ability any outstanding check s presented on the new clear access banking account on or after the date of conversion will be returned unpaid and the payee may charge additional fees when the check is returned. Before that only you can make deposits and withdrawals as well as link the account to a wells fargo debit card. In just minutes you can apply through wells fargo online for a checking savings credit card loan or line of credit account. Get mobile banking bill pay and access to 13 000 atms.

Please make sure prior to convertinq to the clear access banking account that any outstanding checks have. There are several options when setting up savings accounts for kids. Joint ownership this option gives your child the ability to use the savings account while you monitor account activity. Or call 1 800 869 3557.

The account may be linked to a wells fargo debit card. Wells fargo online access is available when your child reaches age 13. Kidz savings is for children ages 8 12 and the account requires 1 to open. At the age of 13 the account converts to a teen savings account for teens ages 13 17.

This option gives your child access to their funds at age 18.