Savings
Build good money habits early
Earn 3.00% APY on balances up to $5,000 with an account you control together.
Teach the value of saving, together
Kids & Teen Savings is a joint account between a parent or guardian and a child aged 0–17. It pays 3.00% APY on balances up to $5,000 – a rate designed to make saving feel rewarding.
Children can see their balance, set goals and earn badges in a kid-friendly view of the app, while you approve withdrawals and keep full visibility. When your child turns 18, the account converts to High-Yield Savings in their name.
Made for families
Savings goals
Kids set goals and earn badges as they save.
Parent controls
You approve withdrawals and see all activity.
Money lessons
Short, fun lessons built into the app.
Frequently asked questions
Your ID and your child’s Social Security number and date of birth.
Yes – anyone can send money to the account using the account and routing number.