A great way for kids to start managing their own money.
Earn more on the first $500.
Give your child an incentive to save with a higher interest rate on the first $500.
Parents and kids can setup automatic transfers anytime if they both have Flagstar accounts.
No monthly fees or minimum balance.
As your child grows, so will their savings.
It's never too early to start teaching the importance of saving. Flagstar Kids Savings can help your child learn to manage their money early and develop responsible financial habits to carry into adulthood.
We reserve the right to change account benefits at any time without notice. Certain restrictions may apply. Please see the complete Disclosure Guide for additional details.
Interest rates are tiered to a maximum amount.
1This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc.
2Not all devices supported. Available for eligible personal and business deposit account customers only.
3Not all devices supported. Available for eligible personal and business checking and savings account customers only. Must be an active mobile banking user. Must be a customer for a minimum of two business days. Accounts must be in good standing.
4Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android, Google Play, and the Google Play logo are trademarks of Google Inc.