Wells Fargo has two different checking accounts for teenagers or young adults. Teen Checking is aimed towards those under 18 while Everyday Student Checking is geared towards those in a secondary education (university, etc.).
If you’re interested in exploring other student checking accounts, be sure to check out our compiled lists of Best Student Checking Accounts. This handpicked list showcases the best student checking accounts available to you – such as the Chase Student Checking Account below.
 • Enjoy $100 as a new Chase checking customer when you open a Chase College CheckingSM account and complete 10 qualifying transactions within 60 days of coupon enrollment. • $0 Monthly Service Fee while in school up to the graduation date provided at account opening (five years maximum) for students 17-24 years old. • Wire funds internationally using the Chase Mobile® app or chase.com. Send money to recipients around the world with multiple currency options. Fees apply. • Keep track of your money with confidence and control in the Chase Mobile® app. The Chase Mobile app helps you bank securely and conveniently from anywhere. • With Zelle®, you can send and receive money with people and businesses you know and trust who have an eligible account at a participating U.S. bank. • With Fraud Monitoring, Chase may notify you of unusual debit card purchases and with Zero Liability Protection you won't be held responsible for unauthorized debit card purchases when reported promptly. • JPMorgan Chase Bank, N.A. Member FDIC *With Chase Overdraft AssistSM, we won’t charge an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts. |
Requirements
Teen Checking
- Teens aged 13 to 17 with adult co-owner. *In Alabama, Teen Checking is available for those aged 13 to 18.
- $25 minimum opening deposit
Everyday Student Checking
- Students aged 17 to 24
- $25 minimum opening deposit
Pros
- Online Banking: Enjoy the practicality of having access to your account 24/7 with online banking. Features include monitoring your balance and activity, setting up alerts and more.
- Mobile Banking: Pay bills, send money and check your balance on a smartphone or tablet using this convenient app.
- Coverage: Gain access to 13,000 Wells Fargo ATMs and 6,000 branches throughout the United States.
- Free Budgeting Tools: Develop budgeting skills with My Money Map, Budget Watch, My Savings Plan and other tools.
Fees
Teen Checking
- Monthly Maintenance: $3 – Unless you choose to get online statements
- Non-Wells Fargo ATM (domestic): $2.50 – Per withdrawal, plus ATM operator fees.
- Non-Wells Fargo ATM (international): $5 – Per withdrawal, plus ATM operator fees.
- Overdraft/NSF: $15 – Per paid or returned item, max 2 items per business day.
- Overdraft Protection: $12.50 – Per transfer from your linked savings account
- Paper Statement: $3 per billing cycle. Online statements are free
Everyday Student Checking
- Monthly Maintenance:$5 – Discounted from $10 for primary account holders aged 17 to 24.
- Non-Wells Fargo ATM (domestic): $2.50 – Per withdrawal, plus ATM operator fees.
- Non-Wells Fargo ATM (international): $5 – Per withdrawal, plus ATM operator fees.
- Overdraft/NSF: $35 – Per paid or returned item, max 3 items per business day.
- Overdraft Protection: $12.50 – Per transfer from your linked savings account
- Paper Statement: $3 per billing cycle. Online statements are free
Cons
- No Interest: Unfortunately you won’t earn any interest in your account while your money sits in it.
Conclusion
Being one of the bank giants, Wells Fargo automatically gets accessibility as one of their shining points. Gain access to 13,000 Wells Fargo ATMs and 6,000 branches throughout the United States when you bank with them.
Individually, however, Teen Checking best selling point for this account is its overdraft policy with a fee of just $15 per paid or returned item. Plus, you’ll get hit with that fee no more than twice per day.
Everyday student checking is just a relatively basic checking account. Meet the requirements and you’ll get to use their services while you bank with them.
