USALLIANCE Financial's MyLife Savings for Kids

MyLife Savings for Kids. Now your little ones can save big. Get 2.00% APY* on the account’s first $500 and help your child get excited about saving. Transition to a MyLife Teen Checking or a MyLife Savings at age 13. The account grows as your child does, teaching them healthy money habits along the way. We’ll celebrate your child’s birthday with you by depositing $10 into your child’s account each year.