What exactly is Copper? Copper is a free digital checking account and debit card for teens with a strong emphasis on financial education. Parents can tie chores to allowances, monitor their kids’ spending and saving, and move money between accounts easily.
See the best student checking account offers here.
Copper (www.getcopper.com) is welcoming new customers with up to $5 in cash bonuses (referral link required). Enjoy an additional $3 cash bonus for every person who claims their welcome reward using your unique referral link.
For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, HSBC Bank, TD Bank, Aspiration and many more. Continue below to learn 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
Get a $3 cash bonus when you use a referral link to download the Copper app, register for a new account, and complete at least one transaction. After that, take a short quiz to receive an additional $2 cash bonus. Both offers are valid for new customers only.
We currently do not have a referral link. Feel free to leave your referral link in the comment section
(Click the link above to learn more)
Copper $3 Referral Bonuses
Earn a $3 cash bonus for every person who uses your unique referral link to download the Copper app, register for a new account, and complete at least one transaction. Referral rewards are automatically deposited into your Copper account.
Copper Features
Copper is a digital bank designed for teens. With parent permission, members have access to a debit card and educational materials to improve their financial literacy. In the meantime, parents are able to set up recurring allowances, monitor spending, and send instant money transfers to their child’s account.
We like that Copper has:
- 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 across all balances.
- Savings tools to help reach savings goals.
- Quizzes and fun educational content.
- Rewards for taking short quizzes, referring friends and watching videos.
- Daily ATM withdrawal and spending limits.
- Notifications to parents of account activity.
- Easy money requests and transfers from parent to child.
- Financial literacy resources for parents.
- MasterCard Zero Liability Protection coverage.
- FDIC insurance on up to $250,000.
Any teenager 13 years of age or older can open a Copper account. However, a parent or guardian (aged 18+ years) is required for account activation. The adult will need to supply their Social Security or tax identification number, as well as link an existing checking account to Copper. Both parties 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 members can withdraw cash from any Allpoint ATM without incurring any charges. There is also no minimum balance required.
However, 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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Bottom Line
Copper provides a refreshingly innovative take on teen banking. It’s simple, convenient and low-cost. The digital bank is a good fit for teens who want financial independence and will take advantage of the educational resources available on the platform.
You might also be interested in Chase First Banking?, created for kids and powered by Greenlight. It gives families a way to manage chores, track allowances, set savings goals and more. Chase First Banking is currently offering a $25 welcome bonus.
