Our top pick in this category is the Alliant Credit Union Kids Savings Account, thanks to its high yield and availability for kids under 13. Talk about a head start! With a $5 minimum opening deposit and a strong yield on most balances, theAlliant Credit Union Kids Savings Accountis ideal...
Best for young children: PNC’s ‘S’ is for Savings 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 ...
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...
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 Read review Service Credit Union...
CIT Savings Connect is the best kids' savings account overall. Other top savings accounts for children are: Discover, Step and Capital One.
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...
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...
Brokers increasingly rely on third parties to connect your new account with an existing one, which speeds up the process. For those who don't use these services, you may need to confirm that a deposit in your bank account (often two separate transactions of a few cents each) came from th...
Consider these accounts for saving money for your kids. Feed your brain. Fund your future. Subscribe now Savings account A parent can open a savings account at a traditional or online bank for a child of any age, as long as the adult is the primary or joint account holder. It's easy...
For younger children, learning how to bank is an evolving process, and Alliant provides an excellent Stage 1 option with its Kids Savings Account, followed by an even more impressive Stage 2 option with its Teen Checking Account. Both pay competitive interest and offer well-designed mobile app ...