Flexible no-fee daily banking for anyone under 17 years old. This is a great first spending account to learn about banking. Youth aged 12 and up can open and operate an account without a parent. Those under 12 will require a parent's signature for a debit card.
Common fees associated with this account:
- $1.25 withdrawals, point-of-sale purchases (once transaction limit reached)
- $1.50 per Interac e-transfer once limit reached