Pirate Savings Account
If everyone learned to love saving money as kids, we think the world would be a better place. So this cool account is for kids under the age of 12 and designed to get them excited about saving money. Each time they put money into their account, they’ll get a special stamp. Once they have 12 stamps (and you can only get one stamp each month), we’ll reward them with a $10 deposit into their account. Amazing.
This account is an exciting way to teach kids about money and how great it is to save it. They get their own account, their own savings book, and a great incentive to make a monthly deposit: once they’ve made 12, we’ll put $10 into their account. That’s in addition to the interest they’ll earn, which is higher than that of a regular PinnSave account. Interest is deposited quarterly.
There is no monthly fee and you can make six withdrawals per month. After that, each additional debit is a $1 service charge.
One thing that may be important to note is that “pre-authorized transfers” are limited to six per month or statement cycle. This includes automatic, telephone and online transfers as well as checks, drafts or similar transactions to third parties.
Kids are rewarded for saving regularly
No monthly maintenance fee and six no fee withdrawals each month
Earn more interest than a piggy bank
We want to help your kids learn about saving and meet their goals