What is it?
Big DREAMS start with smart money habits – and the Teen Dream Checking Account is deisgned to help teens and young adults build the skills to spend, save, and manage their money with confidence from day one.
The Teen Dream Checking Account is exclusivily available for teens and young adults 13 – 19 years of age.
What are the Benefits?
- $10 sign-up bonus after first deposit
- $5 quarterly honor roll bonus for report cards texted or emailed to us1
- $15 referal bonus for each (teen) friend you refer1
- Get paid up to 2-days early with Direct Deposit2
- Effortlessly set card controls (spending limits, freeze & unfreeze) with CardWiz3
- Unlimited number of transactions per day and per month
- Daily limits for safety:
- $400 / day for debit card point-of-sale purchases
- $200 / day for ATM withdrawals
- $0 deposit to open
- No minimum balance required
- No monthly maintenance fees
- No NSF Fees
- Free debit card with Digital Debit Card for seamless intigitration into mobile wallet
- Free CardWiz, Online Banking, & Mobile Banking
What are the requirements?
Overdraft protection is not available on the Teen Dream Checking Account, transactions will be declined for insufficient funds.
There’s a $50 minimum deposit to establish membership with Money One Federal Credit Union. (New Members).
Disclaimer:
1Account must be in good standing and active (at least 1-transaction in the prior 12-months) to earn rewards. Quarterly honor roll bonus rewards will only be paid with-in one month of report card issuance.
2Direct Deposit funds may be made available up to two(2) days early based on when we receive the payroll file from your employer. Early availability is not guaranteed and may vary.
3Message and data rates may apply
The Teen Dream Account must be opened jointly with a parent or guardian who is a current Money One FCU member & their account must be in good standing. Membership eligibility required. Not all who apply will qualify.
The Teen Dream Checking Account will automatically convert to a Plan Checking Account when the teen turns 19.
