1 Cash Kids Club Savings is a tiered, interest-bearing savings account. The interest rate and corresponding annual percentage yield (APY) are tiered. If the daily balance in the account is less than $500, the interest rate paid on the entire balance will be 4.92% with an APY of 5.04%. An interest rate of 2.97% will be applied on daily balances equal to or greater than $500.00 but less than $3,000, the APY for this tier will range from 5.04% to 3.35% depending on the balance in the account. An interest rate of 1.73% will be applied on daily balances equal to or greater than $3,000, the APY for this tier will range from 3.35% to 1.75%, depending on the balance in the account. Interest rate is effective as of 1/30/25. Rates are variable and are subject to change at the bank’s discretion. Rates are calculated on a daily balance method. Fees may reduce earnings. No minimum balance requirement. Minimum to open is $10.00. Limited to one Cash Kids Club Savings account per child. You may make six (6) withdrawals/transfers from your account each month, by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited. The methods of account access vary by product type, and certain account access methods may not be available with all products. At the age of thirteen (13), the account will be converted to a Statement Savings account.