Looking for the right children’s savings account for your family? Synchrony Bank’s online savings accounts have been recognized by Kiplinger’s, NerdWallet and others for offering a high interest rate+ with no maintenance fees and easy ATM access. Best of all, there’s no minimum deposit or minimum balance required. Open a savings account for your child’s future today.
With fewer adults meeting their personal savings goals, parents who want to help their children develop solid money-management skills can take advantage of a high yield online savings account from Synchrony Bank.
Putting money in a savings account can help children create spending priorities, gain financial knowledge and discipline, and build a nest-egg to use on future expenses such as college or a car.
The satisfaction of watching their money develop will reward your children’s financial choices — increasing the likelihood that your child will make saving money a lifelong habit.
Improving your children’s financial future has never been easier. Opening a savings account with Synchrony Bank can help your family on the path to financial security and also teach your children the value of a dollar saved.
Create a Synchrony Bank savings account for your children in minutes and receive:
Customers can feel confident their children’s savings are in good hands. Our deposit products have been recognized for excellence by outlets such as Money Magazine and MyBankTracker.com.
Find us online or call 1-844-345-5789 today to start a savings account for your children.
Motley Fool: https://www.fool.com/retirement/2016/09/25/nearly-7-in-10-americans-have-less-than-1000-in-sa.aspx
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+National Average APYs are based on specific product types of top 50 U.S. banks (ranked by total deposits) provided by Informa Research Services, Inc. CD Rates: Average APYs are based on certificate of deposit accounts of $25,000. High Yield Savings Rates: Average APYs are based on High Yield Savings Accounts of $10,000. Money Market Account Rates: Average APYs are based on Money Market Accounts of $10,000. Although the information provided by Informa Research Services, Inc. has been obtained from the various institutions, accuracy cannot be guaranteed.
§Federal regulations limit the number of electronic and telephone transactions you can make with your savings or money market account to six transfers or withdrawals per monthly statement cycle. If you exceed these limits, we may close your account.
*ANNUAL PERCENTAGE YIELD (APY): All APYs are accurate as of 06/21/2018.
APYs are subject to change at any time without notice. Offers apply to personal accounts only. Fees may reduce earnings. For Money Market and High Yield Savings Accounts, the rate may change after the account is opened. For CDs, a minimum of $2,000 is required to open a CD and must be deposited in a single transaction. A penalty may be imposed for early withdrawals. After maturity, if you choose to roll over your CD, you will earn the base rate of interest in effect at that time. The APY shown for CDs and IRA CDs is for a 60-month CD with a balance of at least $25,000. Click here for all CD rates and terms offered.