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Built for students, start saving for your future and increase your financial health with a Fidelity Bank Scholar Savings account. You can open an account with as little as $25 and earn interest with no fees. A low minimum daily balance requirement lets you save at your own pace while you plan for the future.
Features:
- Low minimum daily balance requirement
- EZ Statements
- Combined statements
- Online Banking
- Fidelity Mobile Banking App
Requirements:
- Minimum opening deposit of $25
- Available to students up to age 23, thereafter the account will be converted to a Statement Savings account
- Minimum daily balance requirements: $50 to obtain the APY*
- Interest paid on the account quarterly
| Product | Balance | APY | Rate | Minimum to Open |
|---|---|---|---|---|
| $0-$99.99 | 0.00% | 0.000% | $100 | |
| $100 or more | 0.25% | 0.250% | ||
| $0-$99.99 | 0.00% | 0.000% | $100 | |
| $100-$24,999 | 0.35% | 0.350% | ||
| $25,000 or more | 0.35% | 0.350% | ||
| $0-$49.99 | 0.00% | 0.000% | $25 | |
| $50 or more | 0.05% | 0.050% | ||
| 0.00% | 0.000% | $1 | ||
| 0.15% | 0.150% |
1Accounts will automatically renew at maturity. Penalty may be imposed for early withdrawal.
*Once a year, Fidelity will make a cash deposit equal to 1% of the Green Team member’s balance on a specified date into their Green Team Savings Account. Limit one per account. Maximum cash rebate is $10 per year. May be reported to the IRS for tax purposes. Green Team Accounts open to those under the age of 18.
Need help?
For more information or questions, please contact us by phone at 1-800-388-4380 or email us at Fidelity@fddbank.com.
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