Our special checking account just for teens is a must-have for learning how to responsibly manage money.
Parents have the ability to track spending and set limits with card control features. With no fees or balance requirements, using the Student Spend Account is simple and safe.
- Designed for teens ages 13 to 18*
- No minimum balance required
- No monthly service charge
- No overdraft or NSF fees
- Free Online and Mobile Banking
- Five waived ATM fees per month**
- Monitor spending with debit card controls
- Use Round Up to jumpstart savings (opt-in required)
- Easily transfer money from parent to teen accounts in online banking
* With a qualified guarantor.
** MAX will waive a maximum of 5 ATM Network fees charged for withdrawals during the month to this account for students under age 26, upon application to MAX.
Ready to get started?
Call 334.260.2600 or come into any MAX branch.
View all Checking Account Features
Combine your Student Spend account with these MAX products
Account requirements
- No minimum deposit to open the account
- You must be a U.S. citizen or resident alien and 19 years of age or older; ages 13-18 requires a qualified guarantor.
- You must have a U.S. address and Social Security number, as well as, one of the following: a driver`s license, U.S. passport, or state-issued ID.
- You must also have a valid email address.
Making Money Make Sense
We've partnered with Banzai to offer financial education to you at no cost.
Banzai Teen
Created for users aged 13-18, Banzai Teen gives teens the opportunity to work through real-life financial problems in a safe environment.
Preparing for College
Preparing for college is about more than applications, it’s about understanding the full financial and planning picture. This self-paced course walks you through the true cost of college, key preparation and application checklists, and how to create a realistic budget for school and everyday expenses.
Buying a Car
Buying a car is a big decision and this self-paced course is designed to help you feel confident every step of the way.
FAQs
How do I make a spending plan?
Learn how to build a spending plan with the 50/30/20 rule.
How do I protect my information on the internet?
Find out how cyber safe you are.
How do I plan for college expenses?
How do I apply for federal student aid?
How do I build credit?
MAX Credit Union is a full-service financial institution serving Central and East Alabama, including Montgomery, AL; Auburn, AL; Opelika, AL; Prattville, AL; Wetumpka, AL; Tallassee, AL; and Troy, AL.
