Youth Savings Accounts

"Youth savings accounts are a meaningful way to introduce children to smart financial habits."
Apply for Start Savings Apply for Next Step Savings
  • Promotional savings rate
  • No monthly fees or minimum balance requirements
  • Children under 18 receive a free gift when opening in a financial center

Your child’s first step to financial success is a youth savings account.

Start Savings (ages 0-17)

The Start Savings account is more than just a place to keep money – it's a foundation for financial learning and growth. This savings account for kids and teens under 18 years old, combines powerful earning potential with engaging educational tools that make saving both rewarding and fun.

  • We'll cover the $10 opening deposit that establishes membership
  • Earn 10x our regular savings rate on the first $1,000, helping your child's money grow faster
  • Access modern digital tools, including our Goal Builder feature to help track savings progress
  • Get a $5 birthday bonus into this account annually, plus monthly chances to win $25 when depositing or transferring $25 or more in a given month
  • Access to Zogo, our financial education app that makes learning about money fun
  • Joint ownership with a parent, guardian, or immediate relative ensures guidance and support
  • Join Clearview and start laying the foundation for a brighter financial future.

When your child turns 18, they can seamlessly transition to Next Step Savings, continuing their financial journey with the same great features and even more earning potential.

Next Step Savings (ages 18-25)

Designed for young adults, the Next Step Savings account helps establish strong, lifelong saving habits with enhanced benefits and the same easy-to-use financial tools.

  • If you weren't automatically migrated from the Start Savings account, we'll cover the $10 opening deposit that establishes membership
  • Earn 10x our regular savings rate on the first $2,000, maximizing your saving potential
  • Ongoing access to Zogo financial education and Goal Builder savings tracker
  • Annual $5 birthday bonus and monthly opportunities to win $25 bonus rewards
  • Option to remove joint account holder while maintaining all benefits

Monthly youth savings challenge

Each month you transfer or deposit $25 or more into either of our youth savings accounts, you're entered for a chance to win a $25 bonus – because every step toward saving deserves to be celebrated.

Consider this before you open a youth savings account

  • How youth savings accounts work

    A youth savings account is a secure place to keep your child’s money while earning interest (a percentage of the balance paid by the financial institution) over time. The more they save and the longer the money is kept in the account, the more they can earn.

    View savings accounts

  • Benefits of having a youth savings account

    A youth savings account offers several important advantages:

    • Grow their money: Your child earns interest just by keeping money in the account
    • Keep their money safe: Deposits are federally insured by the NCUA up to $250,000, giving you peace of mind that their savings are protected
    • Build lifelong habits: Having a dedicated savings account for kids helps them understand the difference between spending and saving, encouraging responsible financial behavior
    • Support future goals: Whether they’re setting aside money for a rainy day, saving for something special, or working toward greater financial confidence, it helps them build a steady foundation for the future
    Read more about youth savings

Youth savings account FAQs

  • Parents can apply for their child by using our online application, starting a video call with Clearview Live®, visiting your local financial center, or calling us directly at 1-800-926-0003.

  • We'll cover the $10 opening deposit that establishes membership

  • As a parent, you want your child to build strong financial skills from the start. Clearview’s youth-focused digital tools make saving and learning about money simple, engaging, and age-appropriate:

    • Goal Builder: Help your child set, track, and achieve their savings goals like a new bike, a school trip, or future plans.
    • Zogo: Make financial education fun with bite-sized lessons your child can complete to learn real-world money skills (and earn gift cards!)

  • Our Youth Spending account makes a great companion.

    We’ve gathered a list of additional financial recommendations for Youth Banking.