Copper

Why We Like It

Copper's integration of financial education lessons directly into the banking app is genuinely clever — teens learn about budgeting and investing in the context of their actual money. The completely free model and 5% savings rate make it the best-value teen banking option.

Pros & Cons

Pros

• In-app financial education lessons built directly into the banking experience
• No fees at all — completely free for families
• Interest on savings up to 5% APY

Cons

• Smaller company — less brand recognition than Greenlight or Chase
• Fewer parental control options than Greenlight

Score Breakdown

Teen banking products were evaluated on parental control features, financial education and habit-building tools, fees, ATM access, and ease of use for both parent and teen.