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We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Reviews

Copper – Banking Built For Teens review: fees, rates, and more

Does your teen need a jump-start into the world of finances? Check out Copper’s Banking Built for Teens account review! Learn about this innovative solution!

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Copper – Banking Built For Teens: Get a debit card with no overdraft fees

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Copper – Banking Built For Teens review. Source: The Mad Capitalist

Are you looking for a secure, fee-free banking solution for your teen? Check out our Copper – Banking Built for Teens review. It provides a debit card and smart savings goals, all managed by parents in the family app.

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How to apply for Copper – Banking Built For Teens

Copper – Banking Built For Teens is a checking account for kids and teenagers. Earn APY. Find out how to apply in this post.

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Let’s take a closer look at what this account offers and why it might be the perfect choice for your teen’s financial future. Then read on to learn more!

  • Fees: No overdraft fees or hidden fees;
  • Minimum balance: No minimum balance;
  • APY: 0.001%;
  • Credit score: No credit score is required;
  • Rewards: No rewards. 

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Copper – Banking Built For Teens: how does it work?

Copper is an innovative financial online platform built to get children and teenagers started with savvy money management.

It makes budgeting enjoyable with a checking account for teens and kids; still, parents can manage it in the family app.

Additionally, you can give your children the gift of long-term investing as this banking service offers access to its wealth-building platform – perfect for setting up bright futures.

What makes Copper different? 

Copper has no overdraft fees, minimum balance requirements, or credit checks. Also, teens who open an account with Copper can access 55k fee-free ATMs.

And since it’s FDIC insured up to $250k and SIPC insured up to $500K, you can rest assured that their money is safe with Copper. 

Copper isn’t just about security – it also offers features that help teach young people about finances with quizzes and videos.

The family app lets parents send money instantly, automate real-time allowance payments, and monitor spending.

In addition, with goal setting integrated into the app, teens can easily set aside money for bigger purchases like cars or college tuition.

Then it’s easy to introduce teens to concepts like investing while helping them build smart long-term wealth.

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Copper – Banking Built For Teens: main features

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Discover Copper – Banking Built For Teens’ main features. Source: Adobe Stock

Are you wondering if the Copper – Banking Built For Teens is the right option for your kids? Then check out the advantages and disadvantages of this account to help you make a decision.

Pros

  • Kids have financial education with quizzes and videos;
  • Parents can manage and track the account through the family app;
  • There aren’t any hidden fees;
  • There is fraud protection.

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Cons

  • Low-interest rate;
  • No foreign transactions are allowed.

Credit score required

Checking accounts don’t check credit scores to be opened, especially for kids and teenagers. As a result, all types are welcome to enjoy the Copper – Banking Built For Teens.

Copper – Banking Built For Teens application: how to do it?

Do you want to learn how to get your kids into the world of finances? Then you can’t miss our application guide post, which will teach you how to open a Copper Banking account.

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How to apply for Copper – Banking Built For Teens

Copper – Banking Built For Teens is a checking account for kids and teenagers. Earn APY. Find out how to apply in this post.

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How to apply for Copper – Banking Built For Teens

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Under no circumstance we will require you to pay in order to release any type of product, including credit cards, loans or any other offer. If this happens, please contact us immediately. Always read the terms and conditions of the service provider you are reaching out to. We make money from advertising and referrals for some but not all products displayed in this website. Everything published here is based on quantitative and qualitative research, and our team strives to be as fair as possible when comparing competing options.

Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Editorial Note

Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. That said, the compensation we receive from our affiliate partners does not influence the recommendations or advice our team of writers provides in our articles or otherwise impact any of the content on this website. While we work hard to provide accurate and up to date information that we believe our users will find relevant, we cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

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