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Minor Savings Account

Opening a savings account is a great way to help kids learn about money and get in the habit of setting some aside every so often. Whether your child is saving for something big like a new bike, or something bigger, like a trip to Disneyland, this account can help. To help make saving even more rewarding for young investors, there are no fees when you keep the withdrawals to fewer than six, and your child’s savings will earn interest. So get started!

Designed for kids under the age of 18, this account can be opened with as little as $0.01. There are no fees if you make 6 or fewer withdrawals per month. After that, there is a $3 service charge per withdrawal. What’s more, your child’s money will earn interest at a competitive, variable rate. The interest is calculated daily, but deposited quarterly.


No Fees

When you meet the requirements


No minimum balance


Earns interest much faster than a piggy bank


Helps teach kids to save cash

Savings Calculator

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You would need to start with $0 to reach your target.
The figures entered on the input page of the calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are intended for illustrative purposes only and accuracy is not guaranteed by financial institution.

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