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Get
Growing Account
It’s never too early to start learning good savings and investing
habits. Starting a savings program at a young age can teach children the
value of money and help prepare them for important expenses later in life,
such as paying for education. Whether it’s a place to park birthday
money or deposit first pay cheques, having a low-cost savings vehicle
is an important part of planning your children’s financial future.
The Get Growing Account is for children under 18. It has all of the features
of our Chequing account with no monthly fee. The Get Growing Account also
gives you control over your child’s level of access for withdrawals.
Features
You can register the Get Growing Account in a child's name, or the child
and parent's name if the child is seven to 17. It features unlimited regular
transactions with no fees including:
- Payments
by cheque
- Pre-authorized
payments
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Bill payments and transfers between accounts
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Interac™ direct payment purchases
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Cash withdrawals at any National Bank or THE EXCHANGE®
Network of automated banking machines (ABMs)
You
also get:
- Four
free Interac™ ABM withdrawals in Ontario, Prairie and Atlantic
provinces (not including convenience fees charged by some banks and
privately owned ABMs)
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200 free personalized cheques per year (for children from seven to 17
years old)
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Monthly statement
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A tiered interest rate so that the more your children save, the more
interest they earn
See the Product
and services guide to fees for more information.
Ready
to open your Get Growing Account?
Contact a financial security advisor to find out if the
Get Growing Account is right for you and your children. Or if you're already
a Solutions Banking client, call 1-866-888-1379 to find out more.
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