What Transactions Are Not Allowed on Bank of America Kids Accounts

Discover the transactions and features that children cannot use with Bank of America kids accounts, including SafeBalance® for Family Banking. Learn why direct deposits, Zelle®, external transfers, paper checks, and credit card rewards are restricted for children. Understand how these limitations help parents maintain control, ensure account security, and teach children responsible financial habits. Find out which actions are parent-only and how SafeBalance accounts provide a safe learning environment for kids. 00:11 — No direct deposits 00:19 — No zelle® or p2p payments 00:30 — No external transfers 00:41 — No paper checks & limited deposits 00:51 — Credit card cash advances & rewards 01:03 — Why these restrictions matter #BankingForKids #BOAKidsAccount #SafeBalance #TeenBanking #ParentalControl #KidsFinance #MoneyManagement