Credit Compound

Bank Accounts

Every account we track — consumer checking, high-yield savings, business banking, cash management and kids accounts — with the fees, APYs, plan tiers and fine print that decide where your money should live. Chasing a payout instead? See bank bonuses.

AccountTypeAPYMonthly FeePlansRatingBest For
Fidelity Youth AccountKids & TeensUninvested cash can sit in money market funds at prevailing rates$09.0Investing-curious teens 13-17 whose parents already use Fidelity
Greenlight Greenlight Debit Card for Kids & TeensKids & Teens2% savings reward on Core, up to 6% on Family Shield (on up to $5,000 per family)$5.99-$19.98 per family (up to 5 kids), no free tier4 tiers8.5Families with multiple kids who want serious parental controls and will use the platform features
Capital One MONEY Teen CheckingKids & Teens0.10%$08.5Families who want a free, no-strings kid account from age 8 that lasts into adulthood
Step Step Visa Card & Money AccountKids & Teens3% savings reward with Step Black (paid as rewards, not interest); none on the free tier$0; Step Black is $4.99, waived with $500+ monthly direct deposit2 tiers8.0Teens 13+ who want a free card that builds credit history before 18
Acorns Acorns Early (formerly GoHenry)Kids & TeensNone$8 (Early Lite) or included in the $12 Acorns Gold subscription2 tiers7.5Acorns users who want kid debit cards and custodial investing under one subscription
Axos Bank First CheckingKids & Teens0.10%$07.5Teens 13+ who need a free, real bank account for paychecks and everyday spending
Chase First BankingKids & TeensNone$07.5Existing Chase households introducing kids 6-12 to a first debit card