An awesome kid deserves an awesome first savings account.
Key Features
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Teaches Good Financial Habits
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Competitive Interest
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6 Free Withdrawals per Month
-
Digital Banking
Benefits
- Basic savings account for kids and teens under age 18
- Excellent for teaching good financial habits
- Custodial account
- Competitive interest rate:
- 1.50% APY* on balances up to $5,000
- 0.20% APY* on balances over $5,000
- No monthly maintenance fee
- 6 withdrawals/covered transfers per monthly cycle (only certain withdrawals are subject to the cap of 6)
- Free digital banking, including:
- Online banking
- Mobile banking
- eStatements
- $25 minimum deposit to open
*Annual percentage yield accurate as of 1/26/18. An interest rate of 0.20% will be earned for the daily balance in excess of $5,000.00, which will result in an APY between 1.00% and 0.20%. Rates are variable and may change after account is open. 6 withdrawals/covered transfers per monthly cycle.
