Open Savings Account For Child Wells Fargo

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Open savings account for child wells fargo.

Optional overdraft protection for your checking account. Savings accounts require 10 to open and pay competitive quarterly interest rates. Joint ownership this option gives your child the ability to use the savings account while you monitor account activity. Avoid the monthly service fee when you maintain a 3 500 minimum daily balance each fee period.

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. Wells fargo offers customers savings account options for different stages of their lives. Get mobile banking bill pay and access to 13 000 atms. Open a wells fargo checking account online in minutes.

There are several options when setting up savings accounts for kids. Overall the yields offered by the big bank leave something to be desired. Unlimited branch and atm withdrawals and the option to write checks. 12 is the recommended age to open a checking account for kids.

Invest in a cd for. A wells fargo way2save savings account requires a 25 minimum opening deposit and has no monthly service fees for primary account owners under 18 19 in alabama.