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Cha-Ching! Teen Checking Account

It's time to trust them to handle their own money.

The teenager in your family is growing up fast. They probably want more privacy, a later curfew, maybe even the keys to the car.

But with more independence comes greater responsibility. Your young adult can take a big step toward becoming a smarter grown-up by opening a checking account specially designed to teach lifelong money management skills.

Features and Benefits

  • Cha-Ching Teen Checking is designed exclusively for our members ages 13 to 17
  • Cha-Ching Teen Savings account also available
  • Get $2 for each "A" grade earned on your report card1
  • Teens receive their own free Visa® debit card2
  • No monthly fees
  • Free access to Online Banking and our Mobile App
  • Free online Bill Pay3 and eDeposit of checks

Parental Controls

  • Parent can set limits on debit card
  • Parent can set up automatic transfers from his/her account to the Cha-Ching account

How to Open a Cha-Ching Account

  • Visit any PFCU branch with a parent/guardian
  • Request to open a Cha-Ching account
  • Teen needs to show a primary and secondary form of ID
    • Primary ID examples: passport, birth certificate or alien registration card
    • Secondary ID examples: Social Security card or school photo ID
  • Parent/Guardian serves as joint account holder and will also needs two forms of ID

Page Disclaimers

1New accounts must be open for 90 days to qualify. Member must be enrolled in grades 1–12 with report card reflecting the most current quarter of the current school year. Bonus will be deposited in the member Rocky Raccoon Savings or Cha-Ching Checking Account. Submission of report card may be brought in to a Power Financial Credit Union branch or emailed to [email protected].

2Debit card requires signature of adult co-signer.

3There is a $4.95 fee if SecureLink Bill Pay is not used to pay at least one bill each month

Power Financial Credit Union serves members across South Florida with 7 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.