Best Kids, Student & Custodial Savings Account Rates — April 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Finance Calculators
Top youth and student savings rates currently available include SPECTRASPECTRA1024 Saint Nicholas Dr, Waldorf, MD 20603A+5.0 ★Texas Ratio: 0.00% offering Brilliant Kids Savings at 10.38% APY, and Century Credit UnionCentury Credit Union1540 LEMAY FERRY RD, SAINT LOUIS, MO 63125 2405A+5.0 ★Texas Ratio: 0.83% offering Youth savings at 10.00% APY, and Maspeth Federal S&LMaspeth Federal S&L5618 69th St, Maspeth, NY 11378A5.0 ★Texas Ratio: 6.07% offering Teen Savings at 10.00% APY, and Panhandle Credit UnionPanhandle Credit Union2718 Martin Luther King Jr Blvd, Panama City, FL 32405 4408A+5.0 ★Texas Ratio: 1.21% offering Rising Tide Youth Share at 10.00% APY. Savings rates as of April 27, 2026 according to verified data from MonitorBankRates.
We compared 954 youth savings rates from 649 banks and credit unions across all 50 states to help you find the best kids savings, student savings, custodial, and minor account rates.
We evaluate every listed institution using proprietary Safety Grades, Star Ratings, and Texas Ratios — so you can choose wisely for your family’s future savers.
APYs reflect actual verified offers. Rates subject to change. Last Updated: April 27, 2026
Compare the Best Kids, Student & Custodial Savings Rates
Qualifying balance up to $1,000.00
No additional details available.
Qualifying balance up to $6000.00
Balance: $5 - $1,000
Qualifying balance up to $500.00
BONUS GIFT: Every new Kids Club account comes with an adorable Moose Plush - the perfect savings adventure sidekick!
Qualifying balance up to $1,000.00
Qualifying balance up to $10,000.00
No additional details available.
No additional details available.
plus get $25 when balance reaches $1,000
(ages 0-17 or older with current Student ID)
No additional details available.
Qualifying balance up to $500.00
No additional details available.
Qualifying balance up to $1,000.00
No additional details available.
Qualifying balance up to $500.00
No additional details available.
Qualifying balance up to $1,000.00
Qualifying balance up to $500
Qualifying balance up to $2,000
No additional details available.
Qualifying balance up to $499.99
No additional details available.
Qualifying balance up to $1,000.00
Qualifying balance up to $500.00
Qualifying balance up to $500.00
Qualifying balance up to $500
No additional details available.
Qualifying balance up to $100.00
Qualifying balance up to $1,000.00
No additional details available.
Qualifying balance up to $1,000.00
UP TO AGE 21
Qualifying balance up to $750
Earn up to 4.83% APY; No Fees; No minimum balance requirements.
No additional details available.
No additional details available.
No additional details available.
ages 0-17 earn
$.01
No additional details available.
Qualifying balance up to $5,000.00
Qualifying balance up to $500.00
No additional details available.
No additional details available.
Qualifying balance up to $500.00
Qualifying balance up to $500.00
No additional details available.
No additional details available.
National Savings Rate Trends
Daily averages from thousands of rates across 8,500+ institutions.
Youth, Student & Custodial Savings Accounts
Opening a savings account for a child is one of the most impactful financial education tools available. Many banks and credit unions offer accounts specifically designed for young savers, featuring no monthly fees, low or no minimum balance requirements, and sometimes bonus APYs to reward regular deposits.
Custodial accounts (UGMA/UTMA) allow parents to invest on behalf of a minor — assets transfer to the child at adulthood. Student accounts target college-age customers with features like no overdraft fees and digital budgeting tools. Youth savings accounts typically serve children under 18 with parental co-ownership.
What to Look For in a Youth Savings Account
Prioritize: no monthly maintenance fees, low or zero minimum deposit, a competitive APY, educational resources for young account holders, and mobile app access. Credit unions often excel in this category, offering personalized service and community-focused programs. Many credit unions allow youth to join through a parent’s existing membership.
Methodology & Data Sources
Direct-Sourced & Verified Rate Data: We aggregate youth, student, and custodial savings rates nationwide directly from bank and credit union websites using our proprietary rate aggregation technology. By pulling data straight from institutions’ own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems monitor the market to provide a complete picture of available youth savings yields across the country. Youth accounts are frequently offered by local community banks and credit unions, so using the state filter above is particularly effective for this product type.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Every product listed features its own specific “last updated” date for full transparency.
Proprietary Institution Health & Safety Grades: MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio.
Savings Calculators
Frequently Asked Questions about Youth & Student Savings
What is a custodial savings account?
Can a minor open a savings account on their own?
Are youth savings accounts FDIC insured?
What is the difference between a youth and a student account?
Do kids savings accounts earn good interest rates?
What happens to a custodial account when the child turns 18?
What should I look for in a youth savings account?
What are the best Youth Savings rates right now?
- SPECTRA
Brilliant Kids Savings — 10.38% APY - Century Credit Union
Youth savings — 10.00% APY - Maspeth Federal S&L
Teen Savings — 10.00% APY - Panhandle Credit Union
Rising Tide Youth Share — 10.00% APY - Alliance Credit Union Fenton, MO
Star Student Savings Club — 10.00% APY
More Savings Rate Options
