Next Step Teen Checking
Our Next Step Teen Account provides safeguards to help teens age 13-17 practice money management skills without having to stress. Both parent and teen will have access to online banking, text notifications, and a mobile app, so that healthy saving and spending habits can be developed. It’s easy to use and fast to set up.
- Access to a free checking account*
- Access to a membership savings account
- An Alabama ONE issued Mastercard© Debit Card
- Digital Banking
- No monthly fee
- $500 purchasing / $500 ATM daily limits to encourage responsible spending habits.
- Additional financial wellness incentives to lay the foundation for a financially healthier future.
*Overdraft/Non-Sufficient Funds fees may apply.
If you currently have a custodial or minor account, formerly known as a "Berenstain Bears Cub" account, you can easily transfer to Teen Account by calling or visiting one of our branches.
Real-World Money Experience
Learning how to manage money starts with experience. Alabama ONE's Next Step Teen Account gives teens the opportunity to practice everyday banking, track spending, save for goals, and develop financial confidence before adulthood.
Parents and teens both have access to digital banking, making it easy to monitor activity, celebrate good habits, and have meaningful conversations about money.