Both parents and kids can access the account online and via the Capital One app. The account has no monthly fee and earns modest interest. It also comes with a debit card that can be used at ATMs ...

However, Capital One Certificates of Deposit pay slightly higher APYs than Discover— 3.50% to 4.00%. Impact on Checking Accounts and Debit Cards Depending on how the acquisition shakes out ...

Kids get their own debit card and mobile banking login. As a parent, you can link an external bank account to MONEY if you don’t have an existing Capital One Checking account. You can also set ...