Sydney Garth, Credit Cards Moderator
@sydneygarth
Yes, the Axos Bank First Checking account is a good option for teens. It features no monthly, minimum balance, or overdraft fees. The account offers access to a large network of fee-free ATMs and an APY of 0.10%. Additionally, the account is federally insured by the Federal Deposit Insurance Corporation (FDIC).
However, eligibility for the Axos Bank First Checking account is limited to individuals between the ages of 13 and 17, and the account has daily spending limits.
It's important to note that these features may change without prior notice. For the most up-to-date information, please refer to Axos Bank’s website or contact their customer service by phone at (888) 502-2967.
You can check the best checking accounts available for you to make sure that whatever decision you go for really fits your goals.
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