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A savings account is a good tool for teaching children financial basics and responsibility. ... Uniform Transfers to Minors Act (UTMA) accounts: ... Wells Fargo. The best bank accounts for kids ...
Wells Fargo: Clear Access Banking. Wells Fargo’s Clear Access Banking is a non-interest-bearing account that’s available to a wider range of ages — 13 to 24. However, note that if your child ...
Founded in 1852 and headquartered in San Francisco, Wells Fargo offers banking products, such as checking accounts, savings accounts, certificates of deposit (CDs), and loans to individuals, small ...
For example, the checking accounts from Chase, Wells Fargo and Bank of America charge monthly maintenance fees unless you maintain a minimum balance or receive direct deposits.
What to look for: This Wells Fargo savings account comes with access to over 5,000 branches for your banking needs. The account does have a $5 monthly fee and higher minimum deposit and minimum ...
Clear Access Banking accounts, the type Monroe opened for his son, don’t process checks and customers are informed of that when they open one, a Wells Fargo spokesperson told the U.S. Sun.
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