Best for few fees: Discover® Online Savings Account Best for spending and saving: Step Visa Card Best for teens: Capital One 360 Performance Savings Best for savings roundups: Ally Bank Savings Account Best for growing with your child: Alliant Kids Savings Account Best for customer support: ...
Why we chose it:The bank has a learning center where kids can learn from Sesame Street characters. The ‘S’ is for Savings account offered byPNC Bankis designed to help younger children learn about money and banking. The account’s online financial education tools are robust and feature your...
With a $5 minimum opening deposit and a strong yield on most balances, theAlliant Credit Union Kids Savings Accountis ideal for long-term savings goals. This account is open to kids under 13, giving them more time to accrue compound interest. Kids 13 or older aren’t eligible to apply, ...
The Kids Savings account from Capital One is an excellent option for parents who want an online bank experience and who have specific goals for their children's savings account. This account would work well if you were trying to get your kids to save for their college education, for example...
Best Savings Accounts for Kids Bank/institutionNerdWallet rating APYBonusLearn more Alliant Credit Union Kids Savings Account 4.5/5 3.10% With $100 min. balance for APY N/A Read review First Tech Federal Credit Union Start Up Savings 4.5/5 5.00% With $0.01 min. balance for APY N/A Re...
Canada’s Best Kids Bank Account for Rewards: Scotiabank Getting There Savings Account The Getting There Savings Account is Scotiabank’s account for children under 18. It features unlimited debit transactions, so if you’d rather have your kids learning how to use a debit card, it’s a good...
Best credit union account for kids: Oaken Savings Account Best high-interest rate kids bank account: Tangerine Children’s Savings Account Best online application kids bank account: CIBC Smart Start Best Indigenous-led kids bank account: First Nations Bank of Canada Youth Savings Account Best youth...
Santander 1|2|3 Mini — for ages 0 to 17 Let's look at a bank account that you can open for even the youngest child: Santander's 1|2|3 Mini Current Account. This is a straightforward, no-frills bank account that's available for kids and teens under 18. If your child is 12 or...
2. Apple Bank SmartStart Savings Account: Best for making payments Serving customers in New York and New Jersey, Apple Bank offers the SmartStart Savings account to kids ages 6 to 25. While you can access and manage this account online eventually, you’ll need to make an appointment at a ...
Best For Creating a Budget: PNC Virtual Wallet Student Account Best Mobile App: Truist One Checking Account Best On-Campus Banking Experience: U.S. Bank Student Checking Account See more of our top bank accounts for teens and kids: Best Savings Accounts for Teens and Kids Best Debit Card...