If you're a teen, Step is the bank for you. We set out to create a banking experience that would be the first step on your financial journey, making it easy for you to manage your money and learn some good financial habits along the way.
Here are the highlights:
1. Step is your bank account and it comes with a Step card so you can spend your money how and where you want
Whether you have a job, get allowance, or already have an existing debit card, you can add all your money into your Step account so it's easy to manage. Once you have money in your account, you can spend it anywhere (in-store and online) using your Step Card.
2. Step is free (yes, really)
You don't pay any fees: no monthly, overdraft, ATM, or service fees here. We don't make money from charging you anything. Instead, we take a small percentage from the card companies. That means all your money is yours to spend on the things you need...like pizza 🍕
3. It's safe and secure
It's your money, and it should be protected. Your account is FDIC insured up to $250,000 and your purchases are protected by VISA's Zero Liability Policy, which means you'll never be responsible for charges you didn't authorize.
We've also built in bank-level security and data encryption so that your personal info and account are always safe.