Keep them on track with parental controls.
Let your child build financial independence while setting safe boundaries and monitoring their account.
Parental controls let you do things like:
- Temporarily set withdrawal limits.
- Create alerts for low balance, large withdrawals and more. See note 3
- Give your child access to make online transfers and deposits after they turn 13.
Sending money fast is easy.
Whether you’re at home or on the go, you can easily add money to your teen’s account.
- Set up transfers.
- Deposit checks using Deposit@Mobile. See note 4
- Find more than 100,000 preferred AutomatedTellerMachines. See note 5
Pair their savings account with a youth checking account.
As they grow their money, they’ll need to know how to shop responsibly with it.
Monitor your kid’s spending, set limits, create withdrawal alerts and more with a USAA Youth Spending account.
Youth savings account FAQ
Yes, they will if you order one. The card will come in 7 to 10 business days.
Your child can use it to deposit checks and cash into their account at a preferred ATM that takes deposits. 5 Find these with our ATM locator.
Yes. If they're transferring money electronically, they'll need the account number and routing number.
This account is for kids younger than 18. To open it for them, you have to be their parent, foster parent or legal guardian.
We’ll convert a USAA Youth Savings account to a regular savings account right after a child turns 18.
If you stay on as a joint account holder, you can continue monitoring their account and easily assist with bills or transfers.
If you haven’t sent us any proof of identification since you opened the account, you’ll need to upload images of their:
- Social Security card.
- Government-issued ID.
- Proof of physical address.
You can submit these to us on our document portal. To comply with the USA PATRIOT Act, USAA Federal Savings Bank, or FSB, must verify the ID of all account holders.
If we don’t receive this proof within 55 days after your child turns 18, the account will be at risk of closing.