Our Teen account is specially designed for young people aged 13 to 18 to help them achieve financial independence and learn how to manage their finances from an early age. The account is free of charge and our young members will receive a debit card, which they can use online, at retail outlets and Link ATM machines within the UK, also free of charge. This will allow them to have easy access to their pocket money and at the same time teach them to deal with money in a responsible way.
Teen accounts do not allow Direct Debits and Standing Orders to be set up on the account. Overdraft is not allowed for Teen accounts.
Please note that this account is only made available for use by the young person who is the account holder. It should not be used by others to receive payments or make withdrawals. We reserve the right to close the account or introduce a monthly fee if we find that you misuse the account.
If you are under the age of 18, you must have consent from your parent(s) or guardian(s) to open a Credit Union Current account. This must be provided in the required format upon application for the card.
|Domestic ATM1 withdrawal||Free|
|Domestic ATM1 balance enquiry||Free|