CWB Canadian Western Bank

Youth Account

Start good banking habits now.

This exclusive account for youth aged 18 and under offers young people a great financial start, for no cost. Because good money management now will only pay off later. The Youth Account offers: 

  • No monthly fees. 
  • Use of your account as many times as you want*. 
  • Interest on your balance.
  • Unlimited transactions including cash withdrawals at CWB and THE EXCHANGE Network ATMs and Interac® debit purchases*
  • A competitive tiered interest rate 
  • Monthly online statements with cheque images
Monthly fee $0.00
Interac E-Transfer fee $1.00
Non-EXCHANGE Network ABM withdrawal fee $1.50
 Balance Annual interest
$0 - $500 0.050%
$500.01 & over 0.500%
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.

Effective date: 13-May-19
Posted rates available at branches only. All rates are per annum and are subject to change without notice.

*Excluding non-EXCHANGE ATM Withdrawals. See the complete listing of related service charges including payment and other sundry services.


Get started now

Stop by your local branch or call today to get started. One of our personal banking specialists will be pleased to help you.

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