We have a full list of the best bank account bonuses. A reader reached out asking for a full list of teen checking bonuses as their Mom had introduced them to the site. Below is that effort, currently it is bare bones so I can update it but if it proves more popular I will flesh it out more. I won’t be creating individual posts on each of these (unless it’s a particularly amazing deal) so use this post for discussion.
A lot of these offers require you to bring a parent/guardian with you to open the account and in many cases require that adult to already have an account with the financial institution. If your parent/guardian isn’t into bank churning you can always introduce them with this guide and search the site for good bonuses for them.
Nationwide Bonuses
Hudson Valley Credit Union (0-18) – Up To $100 Per Year
Requires at least 10 monthly deposits. Bonus you receive each year depends on age:
|
Age Bonus
|
Per Year
|
|---|---|
| 1-5 |
$25
|
|
6-10
|
$50
|
|
11-15
|
$75
|
|
16-18
|
$100
|
Must increase balance by at least $100 each year.
Wells Fargo $125 (13-24)
Requires 10 qualifying transactions
Chase $125 (13-17)
Requires parent/guardian to have a Chase account and open with you. The parent’s ineligibility (e.g., got a Chase checking or savings bonus in the last 2 years) makes the child ineligible according to this comment, making this not really worth doing.
Requires 5 qualifying transactions.
PSECU – $100 (13-17)
Requires a $20 donation to make it nationwide so really only $80 bonus.
U.S. Bank $100
Requires a joint account with parent/guardian, 10 debit card transactions and depositing $1,000.
Elements Financial – $5 Per Month (18 & Under)
Requires 5 deposits of $5+ per month.
US Alliance Financial – $10 Per Year Until 13 Years Old
$10 per year on your birthday until you turn 13.
Resound Credit Union – $150
Might be nationwide via Adventure Science Center?
State Specific Bonuses
Logix – $200 and a Carhartt beanie AZ, CA, MA, MD, ME, NH, NV, or VA (13-17)
- Recent datapoints say soft pull
- Requires opening with parent that already has Logix account
Waukesha State Bank – $250 – WI (Up To 26)
Requires a joint owner if under 16
Bank Of Hope $100 + $10 Student Checking – AL, CA, IL, NJ, NY, TX, VA, WA, In Branch (17-24)
Requires 10 debit card purchase.
Waterstone bank – $200 – WI (14-26)
Can view other posts here.
Valley First Credit Union – $200 – Select Counties In CA (Under 18)
Cyprus Credit Union – $200 – UT (13-17)
Requires completing some education models and depositing first job paycheck for $50 of bonus.
Cambridge Savings Bank – $150 – MA, In Branch (14-17)
Requires eStatements and 15 debit card purchases.
Northwest Bank – $150 – NY, OH, IN, PA (16-24)
Requires 7 transactions
Simmons Bank AR, IL, KS, MO, OK, TN, TX – $100+ (Under 18)
$100 bonus when you turn 18, can also get $1 for every A on report card and $10 bonus for signing up.
Union Savings Bank $105 – CT – (5-17). Expires 1/31/26
Requires a $50 deposit.
Sunmark Credit Union – NY – $100 – (Students 13-24)
Requires parent/guardian signer if under 18.
- Soft pull
- No credit card funding
Alpena Alcona Area Credit Union $125 – MI – (14-17)
Just requires opening with debit card and eStatements.
Minnequa Works Credit Union $100 – CO – (Under 18)
Requires $25 initial deposit and then three more deposits of $25+.
City National Bank $100 – WV, VA, KY, OH (13-17)
Oddly requires a direct deposit.
SECU – $100 – MD, DC, DE, PA, VA, and WV (13-17)
Requires opening in branch but can also open via their virtual online branch. Must set up eStatements and make one debit card purchase.
Transcend Credit Union – $100 – KY (13-17)
100% match on first $100 deposit.
The District Credit Union $100 – CO
Requires a direct deposit if you want to get the full $300.
BMI Federal Credit Union – OH $100 (0-17)
Must deposit a minimum of $5 at account opening.
Fifth District Savings Bank – $100 – LA (15-19)
Requires 5 debit card purchase.
First Federal Community Bank $100 – Eastern OH (13-19)
Requires a joint account
Republic Bank – $100 – IL (13-24)
Requires 10 debit card purchases
Smaller Bonuses
Normally we don’t post bank account bonuses that are under $100. But there are a number of smaller options for teens.
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