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 Young Savers

 The savings account for kids!

No matter what your age, managing your money responsibly is important. 

 

To help you learn about saving money and spending it wisely, Butterfield created Young Savers - a special savings account for our younger customers!

 

 

 

 

 

 

With our Young Savers Account you get:

  • A savings account of your very own
  • A Youth ATM card allowing deposits to your account and withdrawals up to $200 per day
  • The chance to earn interest payments on the money you keep in your account
  • Detailed account statements that will help you keep track of how much you've saved
  • Access to your account through Butterfield Direct Telephone Banking
  • A calculator, notepad and pen gift set to help you budget your money
  • When you turn 18, we'll automatically convert your Young Savers Account to a Butterfield Strata Savings Account
  • In addition, you'll be invited to attend Butterfield’s Hook Up class, where you'll receive information to help support your lifestyle at college and beyond

 

It’s easy to open a Young Savers account!

 

Requirements:

  • You must be between the ages of 10 and 18.
  • Carefully complete the Young Savers Application Form and bring it to a Butterfield Banking Centre, along with:
    - a copy of your passport or birth certificate
    - photo identification
    - an item that shows your address like a copy of your parent’s telephone or electricity bill
    - If you're under 16, be sure to have a parent or guardian sign your application to give you permission to get and use your ATM card
  • A minimum of $20 to open the account.

 

Click here to see Young Savers interest rates.

 Apply Now! 

Questions? Visit us at a Butterfield Banking Centre or call (441) 295 1111.  We'll be happy to provide more information.

 

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