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  1. Nov 1, 2024 · Best overall kids bank account: CIBC Smart Start Account CIBC Smart Start Account is a unique, reimagined account that can be opened by parents of children under 13 and kept by the kids until the day they turn 25 – at which point it automatically transfers to a CIBC Smart Account (which costs $16.95 in monthly fees).

  2. Get $100† with CIBC Smart™ Start and $50‡ for each friend you refer — up to 10! Learn how. No monthly fee until you turn 25 on a CIBC Smart Account3. Free unlimited Interac e-Transfer transactions2. Free unlimited debit and Visa* Debit purchases, withdrawals and bill payments.

  3. Aug 1, 2024 · Best kids bank account to get student discounts ... Eligibility age: Under 25 Monthly fee: None. CIBC's Smart Start account is another great option as a kids' chequing account. The account offers ...

    • Freelance Contributor
  4. Oct 31, 2024 · CIBC youth account: Best for kids who want low-fee chequing with perks. You need to be under 25 to qualify, but perks include unlimited Interac e-transfers and debit transactions, commission-free ...

    • Shannon Terrell
    • CAN-legal@nerdwallet.com
  5. May 28, 2024 · Formerly known as the CIBC Advantage Account, this kids' bank account offers unlimited transactions and e-transfers as well as a free kids' debit card. Opening an account means your child also gets a free Student Price Card (SPC) membership, which gives them discounts to over 450 stores and restaurants, including Levi's, Apple, H&M, DoorDash, adidas, Samsung and Foot Locker.

    • Group Editor | Personal Finance Expert
  6. Updated on Jan 11, 2024. The CIBC Smart Start Account is a chequing account tailored for Canadians under the age of 25, and its convenient features make it very attractive, especially to students. And since CIBC is one of Canada's big 5 banks, the young account holders can rest assured of their bank's security and reliability.

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  8. Oct 21, 2024 · Mydoh. $0 per month. N/A. 10 purchases per day, 30 purchases per month. Children learn about money at a young age, parents can view child’s spending, children get paid for completing tasks. Scotiabank Getting There Savings Account. $1.50 for non-Scotiabank ATM withdrawals. Up to 0.10% tiered.

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