If you sign up with a Copper Teen account you can earn up to $5 in cash bonuses. You can also earn a $3 bonus for every person who claims their welcome bonus using your referral link.
Copper offers a free digital checking account and debit card for teens who are dedicated to obtaining financial education. You can tie chores to allowances, monitor your kids’ spending and saving, and easily move money between accounts.
You can find other referrals or student accounts here.
Other popular offers include Chase Bank, HSBC Bank, TD Bank, Aspiration and many more.
Monthly Fee | $0 |
Minimum Deposit | $0 |
Interest | 0.001% APY |
ATM Network | 50,000+ Allpoint ATMs |
Promotions | $3 + $2 bonuses |
Copper $3 + $2 Welcome Bonuses
You can earn a $3 bonus when you sign up with a referral link. All you need to do is download the Copper app, register for a new account, and complete one transaction. Once you have signed up you can take a quiz an receive an additional $2 cash bonus.
In order to qualify for both bonuses you must be a new customer.
Copper $3 Referral Bonuses
Right now you can earn a $3 referral bonus for each person who qualifies using your referral link to download the Copper app, register for a new account, and complete at least one transaction. Your referral rewards are automatically deposited into your account.
Copper Features
Copper accounts are meant for teens. Parental controls allow members to have access to a debit card and educational materials to improve financial literacy. Parents can set up recurring allowances, monitor spending, and send instant money transfers to their child’s account.
Copper accounts provide the following features:
- Multiple ways to deposit funds.
- A MasterCard debit card with free access to 50,000+ ATMs.
- Google Pay and Apple Pay compatibility
- 0.001% interest
- Savings tools
- Quizzes educational content
- Rewards for taking short quizzes, referring friends and watching videos
- Daily ATM withdrawal and spending limits
- Notifications
- Money requests and transfers from parent to child
- Financial literacy resources for parents
- MasterCard Zero Liability Protection coverage
- FDIC insured
You must be 13 years of age or older to open a Copper account. You will need a parent or guardian (aged 18+ years) which is required for account activation.
Your parent or guardian will need to provide their Social Security or tax identification number, as well as link an existing checking account to Copper. Must be U.S. citizens, permanent residents, or hold valid long-term visas.
Copper Fees
Copper does not charge any monthly, deposit, overdraft or account maintenance fees, and you can withdraw cash from any Allpoint ATM with no charge. There is also no minimum balance required.
While Copper may not charge any fees, third-parties may charge external fees for optional services, including withdrawals from out-of-network ATMs and cash deposits via GreenDot.
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Authors Verdict
Copper is a fantastic way for teens to get involved in banking! If your child wants to gain financial freedom then this is a fantastic account to sign up for.
Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Copper promotions here.
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