There are several options when setting up savings accounts for kids.
Open bank account for child wells fargo.
If you convert from another wells fargo checking account with check writing ability any outstanding check s presented on the new clear access banking account on or after the date of conversion will be returned unpaid and the payee may charge additional fees when the check is returned.
Please make sure prior to convertinq to the clear access banking account that any outstanding checks have.
Joint ownership this option gives your child the ability to use the savings account while you monitor account activity.
While the union bank does not have checking accounts dedicated to kids they do encourage pre teens and teens to open savings accounts with their parents.
Kidz savings is for children ages 8 12 and the account requires 1 to open.
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.
Get mobile banking bill pay and access to 13 000 atms.
Or visit a wells fargo branch near you.
Open a wells fargo checking account online in minutes.
The account may be linked to a wells fargo debit card.
This option gives your child access to their funds at age 18.
Before that only you can make deposits and withdrawals as well as link the account to a wells fargo debit card.
Or call 1 800 869 3557.