Free· #5
Open Account →Copper Banking
Copper
Banking that actually teaches teens about money
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
- 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
Scores
Overall
8.6
Safety
9
Value
9.4
Ease
9.3
Quality
8.7
Specifications
monthly Fee$0
parental ControlsBasic spending limits
financial Lessonstrue
savingsUp to 5% APY
credit Buildingfalse