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Chase Bank has launched a new feature designed especially for children and teenagers: Chase First Banking. This free debit card allows young people to learn to manage their money safely and in a controlled manner, with their parents' supervision.

Chase Bank Introduces the Ideal Account for Kids: Nothing Will Be the Same

Chase First Banking is a bank account designed for children and teenagers aged 6 to 17. It offers a debit card that young people can use in stores and online, always under their parents' supervision and control. This tool aims to teach them good financial habits from an early age.

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Parents can set limits on where and how much their children can spend, both in physical stores and online. The app allows children to set savings goals and track their progress, promoting a savings culture. Parents can assign household chores and set allowances, encouraging responsibility and teamwork.

Requirements to Access Chase First Banking

To open a Chase First Banking account, the parent or guardian must be a Chase customer and have an active checking account, such as Chase Secure Checking or Chase Total Checking. Chase Premier Plus Checking, Chase Sapphire Checking, or Chase Private Client Checking are also valid. Additionally, the Chase Mobile app must be available on their mobile device.

Among its benefits, children learn to manage their money by setting limits and savings goals. Although they have their own debit card, parents maintain full control over transactions and can receive real-time alerts. By assigning chores and allowances, parents teach their children the importance of earning money and managing it properly.

Parents' Satisfaction Thanks to This Chase Bank Account

This account has been well received by parents, who appreciate the opportunity to teach their children about finances in a practical and safe way. The app facilitates tracking expenses and savings, providing peace of mind and confidence in the educational process.

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Chase First Banking is a special tool that combines financial education, autonomy, and security. It allows young Chase Bank clients to acquire essential skills for their economic future, while parents maintain the necessary control and supervision.

With no fees or hidden costs, it is an attractive and beneficial option for families looking to teach their children about responsible money management. Don't think twice and get it.

➡️ Consumer Affairs

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