It's never too early to start. Get started on the road to savings with helpful resources. We make it easy and enjoyable for kids to learn about money.
Kids Cash App
Of all the apps you use, this one can really pay off. Financial literacy has never been easier to learn.
Designed for kids ages 2 to 12, the app explores six different concepts: earning money through chores and first jobs, learning currency, setting goals, defining needs versus wants, and saving money.
Kids can choose their avatars for a customized experience.
The Kids Cash App can be linked to Kids Cash Savings.
Kids Cash Savings
While learning about saving money, kids can put those lessons into practice with this special account.
- Open an account for kids up to 18 years of age (account switches to Statement Savings on 18th birthday).
- Deposit $5 to start.
- Earn interest on all balances.
- Avoid monthly fees.
- Receive a free First Bank piggy bank.
*Annual Percentage Yield. Interest rate is effective as of 01/19/2022. This is a variable rate account and the rate is subject to change. 5.12% APY paid on balances up to $500 and then .01% on balances $501 and greater. Limit one Kids Account Savings account per primary owner. No monthly maintenance fee but excessive withdrawal fees (when more than 6 per month) may reduce earnings.