Additional information of Chase First Banking Account
Signing up for a Chase Bank First Banking account can be done online or by visiting your nearest branch.
Parent or guardian must be a customer and have one of these instruments: Chase Secure Checking, Chase Total Checking, Chase Premier Plus Checking, Chase Sapphire Checking, Chase Better Banking Checking, Chase Premier Checking, or Chase Private Client Checking.
This interest-free checking account does not have a monthly maintenance fee and is accompanied by a series of functions to take care of the financial management of the little ones:
- Free access to 16,000+ Chase ATMs.
- Imposition of limits for cash withdrawal at ATMs.
- Configuration of alerts so that you know what they are spending on.
- Provision of a debit card for use online or offline.
- Request for money by children or adolescents that you can approve or reject.
- Setting limits in different categories, such as restaurants, cinemas, games, among others.
Great for kids ages 6-17 to get inspired to save, they have the Chase Mobile app to set goals, spend money, and get their parents to help.
In addition, you can establish recurring transfers (daily, weekly or monthly) so that your children/nephews receive their allowance or assign tasks so that they are rewarded for their collaboration.
Another advantage of this account is that you can set spending limits on purchase categories or globally, to prevent your child from spending too much.
Chase Bank's First Banking account can be a very effective way for kids and teens to learn the value of money. We have seen few similar products, so we suggest you check the Busconómico database.
En español: Cuenta Chase First Banking