07-14-2021, 04:54 PM
Absolutely. See what your bank offers for student accounts. For instance, Chase has a high school checking account with debit card, online access, etc. You may have to piggyback onto your own account, but that's desirable anyway so you can help watch over her balances and spending, easily transfer funds, etc.
It's a good chance to ease her into the process. Soon she'll be depositing babysitting and birthday checks in the online app.
Edit. Sorry, I guess I posted this from an old tab, so I'm a little late to the party. What I said above may not apply for your credit union, but for a responsible 14 year old, I would think longer term than something targeted at 10-12 year olds. Those accounts have their place, but as others have said, this may be a good time to move to something you she will keep using throughout high school and possibly college.
It's a good chance to ease her into the process. Soon she'll be depositing babysitting and birthday checks in the online app.
Edit. Sorry, I guess I posted this from an old tab, so I'm a little late to the party. What I said above may not apply for your credit union, but for a responsible 14 year old, I would think longer term than something targeted at 10-12 year olds. Those accounts have their place, but as others have said, this may be a good time to move to something you she will keep using throughout high school and possibly college.