Open Savings Account For Child Wells Fargo

Joint ownership this option gives your child the ability to use the savings account while you monitor account activity.

Open savings account for child wells fargo.

The checking accounts require a minimum of 50 to open and have no monthly service charge but they do have an overdraft charge of 12. Open a wells fargo checking account online in minutes. 12 is the recommended age to open a checking account for kids. Optional overdraft protection for your checking account.

Please make sure prior to convertinq to the clear access banking account that any outstanding checks have. Get mobile banking bill pay and access to 13 000 atms. Wells fargo s highest savings rates. There are several options when setting up savings accounts for kids.

Avoid the monthly service fee when you maintain a 3 500 minimum daily balance each fee period. Invest in a cd for. Savings accounts require 10 to open and pay competitive quarterly interest rates. Wells fargo offers customers savings account options for different stages of their lives.

You can find much higher apys. 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.