Simply Youth Savings
Starting when you’re young is a strong strategy to build your money over time.
- No monthly service charge
- Available to minors under 18
Get an early start on saving:
Open with a minimum balance of $10.
No monthly service charge
No fee for quarterly paper statements or enroll to receive eStatements
No fee or limit on monthly withdrawals
Interest earned on entire daily balance
Tiers:
- $0–$2,499
- $2,500–$9,999
- $10,000–$24,999
- $25,000–$49,999
- $50,000–$99,999
- $100,000+
Call 877-245-1234 for deposits and loans, or 800-272-2102 for credit cards to access your account any time.
Round up your purchases to the next whole dollar amount and we'll deposit the difference in a second account of your choice.{21}
Save a trip to the bank. Deposit checks from your smartphone or tablet anytime, anywhere with no charge.{16}
Simply Youth Savings FAQs:
The Simply Youth Savings account has no monthly service charge, no fee for quarterly statements (including paper and/or eStatements) and no fee for withdrawals.
A minimum deposit of $10 is required to open this account.
Yes! There is no fee or limit on monthly withdrawals from this account.
Your Simply Savings account pays a single (non-tiered) variable rate of interest. Interest rate subject to change daily. Interest is compounded and credited quarterly. Interest earned on entire daily collected balance.
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{97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
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{165} All accounts subject to approval. Restrictions apply.
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{21} Available for personal accounts only.
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{16} Data connection required. Wireless carrier fees may apply. Mobile deposit is available to Simmons Bank online and mobile banking customers who are at least 18 years of age and have the most recent Simmons Bank App for iPhone®, iPad®, or Android™.