Kid's Savings Accounts

Saving Money Pays Off with Rewards

Savvy Savers Club

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Saving is fun with the Savvy Savers Club account from Affinity! Designed specifically for members age 12 and under, the Savvy Savers Club account lets our young members earn dividends and receive cash rewards based on the increase in their account balance.¹ Children will also receive a special Savvy Savers Club membership kit.

Open an Account

Eligibility Requirements

  • Account holder must be age 12 or younger
  • Account holder must be an Affinity member
  • Must have a parent or legal guardian as a custodian on the account

Savvy Savers Rewards

As your Savvy Savers account balance increases, so does the opportunity to receive cash rewards.2 The following charts show the rewards your child can earn as the balance increase each year:

First Year of Membership
Level 1 Balances between $300 - $474 $5
Level 2 Balances between $475 - $599 $10
Level 3 Balances between $600 - $999 $15
Level 4 Balances over $1,000 $25
Every Year Thereafter
Level 1 Balances that increase $300 - $474 from the year before $5
Level 2 Balances that increase $475 - $599 from the year before $10
Level 3 Balances that increase $600 - $999 from the year before $15
Level 4 Balances that increase $1,000 from the year before $25

1 Rates effective as of February 12, 2020. Rate my change after the account is opened. Savvy Saver: Annual Percentage Yield (APY) is 0.15%. There is no minimum opening deposit or balance requirement. Minimum balance to earn stated APY is $0.01. Fees could reduce earnings on the account. When member turns 13 account will be closed and the balances automatically transferred to a regular Affinity Savings account; or you can choose to transfer the balance to an Affinity Connect Teen Checking and Savings Account for youth ages 13-16. 

2 Savvy Savers Reward program is subject to change at any time without notice. The minimum balance to receive the rewards are outlined in the tables above. Rewards are based on account balances reached as of December 31st, and are automatically added to the account by March 1. Members with Savvy Saver accounts are eligible for rewards up until the age of 12. Rewards will not be given in the year the member turns age 13, or subsequent years if the account remains open. Members under the age of 18 must have a parent / guardian as a joint on the account.

For savings and money manager accounts you may make up to six transfers or withdrawals by means of a preauthorized, automatic, or telephonic transfer to another account of yours or to a third party or by check, debit card, or similar order to a third party during any calendar month (or statement cycle of at least four weeks). A preauthorized transfer includes any arrangement with us to pay a third party from your account at (i) a predetermined time; (ii) on a fixed schedule or (iii) upon or written orders including orders received through the automated clearing house (ACH). If the transfer or withdrawal is initiated in person, by mail, or at an ATM then there is no limit on the number of payments that may be made directly to you, directly to us for amounts you owe us, or transfers to other accounts you have with us. Withdrawals by phone are also unlimited if you are requesting that a check be mailed to you.