The Humanomics Youth Savings Account

Humanomics

Help your 11- or 12-year-old kick-start their savings with up to $125 for free *.

The Humanomics™ Youth Savings Account

  • The perfect starter account to encourage 11- or 12-year olds to save and invest.
  • Earn up to $125 in free money with a bonus of up to $100 on the account's first anniversary and up to $25 on the third anniversary.
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Saving money is good. Saving money and being rewarded is even better.

This account is only available once a year. This year, sign up from September 11 to October 21.

  • Regular savings interest rate + 0.25%
  • Earn a bonus of up to $100 on the account's first anniversary1
  • Earn up to $25 on the third anniversary2
  • Access to Coast Online Banking
  • No monthly fee
  • Unlimited deposits, 1 free debit per month3

Let's do this.

From September 11 to October 21, sign-up your 11- or 12-year-old for the Humanomics Youth Savings Account and kick-start their savings with up to $125 for free.
Call us at 1.888.517.7000 Mon-Sat, 8am-8pm; Sun, 9am-5:30pm.

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* Offer available for a limited time only and may be withdrawn at any time without notice during the offer period. Only one Humanomics Youth Savings Account per member is allowed.

To be eligible for the Humanomics Youth Savings Account Bonus Payments, a member must:

  • Be 11 or 12 years of age on the date the Humanomics Youth Savings Account is opened. When the account holder turns 19 years of age, the Humanomics Youth Savings Account will be converted to a regular savings account which may have different fees, interest rates, terms and conditions.
  • Open the account in their own name
  • Deposit an initial $25 to the Humanomics Youth Savings Account OR set up a recurring monthly deposit of a minimum of $10 to the Humanomics Youth Savings Account for a minimum 3 months.

  1. The first Bonus Payment will be calculated as 20% of the account balance on the first anniversary of the account opening, to a maximum $100.

  2. The second Bonus Payment will be calculated as 5% of the account balance on the third anniversary of the account opening, to a maximum $25. Bonus Payments will be deposited directly to the Humanomics Youth Savings Account within 30 days of the first and third anniversaries of account opening. If the account is closed prior to the first or third anniversaries, subsequent Bonus Payment(s) will not be made. Bonus Payments will be treated as interest income for tax reporting purposes.

  3. Transactions include Coast Capital Savings® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, preauthorized payments, bill payments, transfers, and withdrawals. Other chargeable transactions apply: e.g. non-Exchange ATM withdrawals and other applicable service fees according to Coast Capital Savings' standard service fee schedule. Additional transactions are $5 each.