Teen CashBack Checking
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Teen CashBack Checking

Better Terms For Teens.

One-size-fits-all doesn’t apply to much these days, and no reason banking should be any different. Our Teen Cashback Checking makes banking easy, affordable, and accessible for our teenage members.

Enjoy free access to money online and through 30,000 ATMs–more than the big banks. Plus:

  • An initial deposit of $20 is required to open account
  • After initial deposit, no minimum balance requirement
  • Free Visa Debit Card
  • Unlimited check writing
  • No monthly service fee for active accounts (must have at least one transaction every 30 days)
  • Up to a $100 daily ATM withdrawal limit and a $100 daily Point of Sale limit

Plus, get a $5 cash-back bonus every month (statement credit) and up to $10 per month in ATM charge rebates when you have:

  • eStatements
  • Direct Deposit ($1,000 monthly minimum)
  • 10+ Debit Card purchase transactions posted each month (can be PIN or signature based)

Open Account

*Free first box of checks (corporate logo style checks only)

**No monthly service charge for active accounts (must have at least one transaction every 30 days, otherwise a $5 inactivity fee applies)

Privilege Pay is not available for Teen accounts.

An initial deposit of $20 is required to open any Teen Checking Account. Account will earn a $5 (five dollar) reward and is eligible for up to $10 (ten dollars) in ATM surcharge rebates per statement cycle subject to the following: 1) $1,000 (one thousand dollars) monthly minimum direct deposit, 2) eStatements, and 3) 10 Debit Card Point of Sale (PIN and Signature based) posted transactions using the Farmers Insurance Federal Credit Union Debit Card. Posted transactions count toward monthly minimums. Additional restrictions apply: I must be a Member in good standing with a valid email address on file with the Credit Union. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to the account. At the time of the statement cycle date you will verify the combined products and services used since the previous cycle date to determine the qualification for the $5 reward and the eligibility for the ATM surcharge rebate. In the event that my monthly $1,000 ACH Direct Deposit credit does not come in for a 60 day period, the loan discount and the rate bump-up on the certificate will also be discontinued. CashBack reward amount may be found at the Credit Union’s website, verified at a Credit Union Branch or by calling 800.877.2345. Rewards, ATM surcharge rebate amounts and eligibility criteria are subject to change at any time. Fees may reduce earnings. Accounts with one calendar month of no activity will be assessed an inactivity fee of $5.