TeenLife
    Fidelity Youth Account

    Fidelity Youth Account

    Details

    • Listing Type: Service Providers
    • Category: Financial Services
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    Overview

    Help your teen age 13 to 17 learn how to manage their money with a Fidelity® Youth Account. They'll be able to spend, save, and invest — all from one secure place. And you'll be able to monitor your teen's account activity.

    A first of its kind

    • A brokerage account with a free debit card owned by teens 13 to 17 that's built to start their investing journey. They can trade most US stocks, ETFs, and Fidelity mutual funds in their own accounts
    • No subscription fees, no account fees,1 no minimum balances, no domestic ATM fee2
    • Dedicated Youth Learning Center with education developed specifically to help teens develop good financial habits

    A parent or guardian must have or open a Fidelity account to open the Fidelity Youth Account for their teen. For new Fidelity customers, opening an account is easy, with no minimums and no account fees. Plus, parents and guardians will be able to monitor and supervise their teens' trades, transactions, and cash management account activity online.

    Click on "View Website" to learn more or open an account at Fidelity.

    Investing involves risk, including risk of loss.

    No account minimums and no account fees apply to retail brokerage accounts only. Account minimums may apply to certain account types (e.g., managed accounts) and/or the purchase of some Fidelity mutual funds that have a minimum investment requirement. If you choose to invest in mutual funds, underlying fund expenses still apply. There may also be commissions, interest charges, and other expenses associated with transacting or holding specific investments (e.g., mutual funds), or selecting certain account features or types (e.g., managed accounts). Additionally, accounts that have been opened through, or are serviced by, an intermediary, or in connection with your workplace benefits, may incur additional fees or restrictions. See Fidelity.com/commissions for more information and/or the fund's prospectus for details.

    Your Youth Account will automatically be reimbursed for all ATM fees charged by other institutions while using the Fidelity® Debit Card at any ATM displaying the Visa®, Plus®, or Star® logos. The reimbursement will be credited to the account the same day the ATM fee is debited. Please note, for foreign transactions, there may be a 1% fee included in the amount charged to your account.

    The Fidelity® Debit Card is issued by PNC Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. These entities are not affiliated with each other or with Fidelity. Visa is a registered trademark of Visa International Service Association, and is used by PNC Bank pursuant to a license from Visa U.S.A. Inc.

    ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.

    Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

    Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

    © 2021 FMR LLC. All rights reserved.

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