Kidfund is a free social financial savings app that makes it simple for folks to economize on your youngsters and obtain money presents from household and mates instantly into your little one’s financial savings fund.
You merely open your child’s free financial savings account in your telephone in a couple of seconds, join a funding account, and begin including financial savings to look at your child’s funds develop.
You may then invite your whole household and mates to assist contribute funds by sending money presents for birthdays, holidays, particular recollections, and for all times’s little moments.
There are no charges and no minimums to open a Kidfund financial savings account, you’ll obtain a 3% rate of interest on the primary $500 in financial savings, and the account is federally insured for as much as $250,000.
Get a $5 Kidfund Signal-Up Bonus: Simply go to this $5 Kidfund App Referral Bonus Link to obtain the free Kidfund app (iOS solely) and earn a $5 money bonus after you make your first deposit.
Please observe that anybody can open a Kidfund account to economize for any child, as you don’t essentially have to be the mum or dad, and the financial savings account is absolutely owned by the grownup.
About Kidfund Social Saving App
Dad and mom can Download the Kidfund App to open a free Kidfund financial savings account on your youngsters with no charges and no minimal stability necessities.
The Kidfund checking account is definitely owned by the mum or dad and never the child, so any grownup can open an account in your personal title and lower your expenses for any child in your life, which is nice for grandparents, step-parents, aunts, godparents, and many others.
The Kidfund financial savings account supplies an rate of interest of three% APY on the primary $500 in financial savings deposits, and the account is federally insured for as much as $250,000 with bank-level safety.
As soon as the account is opened, you’ll be able to invite your whole household and mates to take part and assist develop bigger funds on your youngsters, which can be utilized for school funds or different monetary objectives within the little one’s life.
The Kidfund App additionally supplies a technique to create movies and picture recollections you could share on particular events with your loved ones and mates.
Along with serving to mother and father construct your personal youngsters’ funds, Kidfund additionally makes it simple for households to donate a share of your youngsters’ presents to school financial savings accounts for low-income youngsters.
$5 Kidfund App Signal-Up Bonus
You may obtain the app by way of this $5 Kidfund App Referral Bonus Link to obtain a $5 bonus while you begin saving on your child with Kidfund.
You’ll obtain the $5 money bonus after you make your first deposit into your Kidfund financial savings account.
The $5 can be deposited instantly into your Kidfund financial savings account.
Please observe that the $5 bonus is awarded per account, and never per little one, so in case your account has 2 youngsters, $2.50 can be gifted to every little one’s fund.
If in case you have charitable giving turned on, your designated share can be donated to charity.
This $5 Kidfund bonus supply is for brand new prospects solely while you create your first Kidfund account.
Kidfund App Refer-A-Good friend Program $5 Rewards
When you create a Kidfund account and begin saving, you’ll be able to take part within the Kidfund Referral Program to earn $5 for each you and your folks while you begin saving on your youngsters.
Once you invite different mother and father to start out saving for his or her youngsters, you’ll every get a $5 money bonus after your referrals make their first deposit.
There isn’t a restrict to the variety of $5 invite bonuses you could get, so you’ll be able to assist everybody save for his or her youngsters and share limitless $5 referral rewards.
About Kidfund Financial savings Account
Once you open a financial savings account by way of Kidfund, you’re opening a MyLife Financial savings Account with USALLIANCE Monetary.
USALLIANCE is a $1+ billion federal credit score union at present serving over 90,000 members worldwide.
You’ll obtain account data instantly from USALLIANCE through e mail while you open your account, and you may entry your funds instantly by way of USALLIANCE in addition to by way of the Kidfund App.
You may fund your Kidfund financial savings account by connecting your checking account from one other monetary establishment, and credit score/debit funds can be accessible quickly.
There are not any charges and no minimal stability necessities related to this account, and also you’ll earn a 3% rate of interest in your first $500 in deposited financial savings.
The entire cash that you simply deposit into your Kidfund financial savings account is NCUA insured as much as $250,000.
The mum or dad (or grownup who opens the account) owns the account, which suggests the account is in that particular person’s title.
One financial savings account is linked by way of the Kidfund App to every little one profile that the mum or dad creates, so a household can simply create separate accounts for your whole youngsters.
Sending Cash to Youngsters with Kidfund
You may ship cash free of charge to any Kidfund financial savings account from a linked checking account through ACH (Automated Clearing Home).
Even if you happen to don’t have a child your self, you’ll be able to join the Kidfund App to ship cash to a different child or create an account for a child in your life who just isn’t your direct little one.
To be able to ship cash to your personal or one other little one’s Kidfund, you’ll have to hyperlink a funding supply, which at present requires a checking account (credit score/debit coming quickly).
Begin financial savings funds on your youngsters right this moment with the free Kidfund App, plus get a $5 sign-up bonus while you begin financial savings on your child and an additional $5 referral reward for every mum or dad that you simply seek advice from Kidfund.
You might also have an interest within the goHenry Debit Card for Children to assist handle a price range on your youngsters.