| At this age, many young members have already started to earn extra money babysitting, cutting lawns or delivering newspapers. Others earn a weekly allowance for performing chores around the house or receive cash for their birthday.
In any case, CFE’s Adventurers Savings Account is an ideal way for them to earn more with dividends on their savings balance of $50 or more. These young entrepreneurs may also purchase a Visa® Re-loadable Prepaid Card, and can earn Fun Bucks with deposits of at least $10 by the end of each quarter.* Just let a Member Service Representative know that your child would like to participate in the Savings Incentive Program. These bonus funds will be sent to your child in Fun Bucks that may be deposited to a special Fun Bucks account tied to your child’s special Fun Savings Account. As long as they continue to deposit to the special Fun Savings Account without making any withdrawals through age 14, the accumulated quarterly bonus funds are theirs to keep. They may withdraw the cash within the year they become an Innovator, or keep on saving to earn even more. |
