This website uses cookies to establish a secure connection and personalize your experience. By continuing you consent to the use of cookies. For more information and instructions on how to opt out of cookies, visit the Online Privacy and Interest-Based Advertising Statement. If you choose to opt out this message will continue to appear.

Online Policy Statement
  1. Home
  2. Accounts
  3. Chequing
  4. Youth Account

Youth Account

Start building healthy financial habits at a young age 

Youth Account

Built for youth aged 18 and under, this account offers young savers a smart financial tool to start preparing for their tomorrow.


Rates
Balance Annual interest
$0 - $500  0.05%
$500.01 & over
0.50%
Effective date: 02-December-2024
Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account.
All rates are per annum and are subject to change without notice.
Fees
Monthly fee Free
Interace-Transfer® fee Free
Non-EXCHANGE® Network ATM withdrawal fee $1.50

Get Started!

Connect with a CWB Relationship Manager today about opening a youth account.

By submitting this form, you confirm your understanding and agreement with CWB’s Privacy Policy and Legal Disclaimer

logo for Canada Deposit Insurance Corporation - la Société d’assurance-dépôts du CanadaCanadian Western Bank is a member of the Canada Deposit Insurance Corporation (CDIC).