Start strong. Save smart.
Designed for young savers under 18, with fun incentives and no monthly fees.
Details
- Minimum to Open: Just $1
- Earn Interest: Maintain a balance of $0.01+
- Tiered Blended Rates: Earn a higher rate on funds in the first tier
- Tier 1: $.01 - $999.99
- Tier 2: $1,000.00 and higher
- No Monthly Fees
- Milestone Bonuses:
- $10 when balance first reaches $250
- $25 when balance first reaches $1,000
- Birthday Bonus: $5 every year
- For Ages 13–17: Must have an adult co-owner jointly responsible for all account activity
- Limit one Aspire Youth Savings account per tax-reported owner
- No ATM card access available for this account
- Account Conversion: Converts to a Statement Savings Account when the primary owner turns 18
- Statements: Free e-statements or paper statements — your choice, no fee
Note: Bonuses are credited only if the account is open and active at the time of qualification.
Bonuses will be paid out by the 15th of the month after the milestone balance is achieved. Each bonus may only be earned once per account and is based on the first time the account balance reaches the qualifying balance as determined by the Bank’s records.
Milestone Incentive bonuses are available only for newly opened Aspire Youth Savings accounts. Existing accounts converted to an Aspire Youth Savings account are not eligible for Milestone Incentive bonuses.