CoastLife Credit Union Kids Klub Account

Key Takeaways

• Higher than average APY. CoastLife Credit Union Kids Klub Account has an annual percentage yield of up to 0.25%, which is higher than the average interest rate for savings accounts. Note that you must keep a minimum balance of $50.00 to earn that interest rate.
• No monthly maintenance fees. This account does not charge any monthly account fees.
• Small minimum initial deposit. You only need $5.00 to open an account.

CoastLife Credit Union Kids Klub Account Pros & Cons

CoastLife Credit Union Kids Klub Account FAQ

Are savings accounts from CoastLife Credit Union federally insured?

Does CoastLife Credit Union offer a signup bonus?

What is the minimum initial deposit for CoastLife Credit Union Kids Klub Account?

The minimum deposit to open a CoastLife Credit Union Kids Klub Account is $5.00.

What APY does CoastLife Credit Union Kids Klub Account offer?

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does CoastLife Credit Union Kids Klub Account charge?

• Outgoing domestic bank transfers come with a $20.00 fee.
• Outgoing international bank transfers come with a $50.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• An overdraft on your account will trigger a $25.00 fee per item.
• CoastLife Credit Union Kids Klub Account charges $2.00 every time you request a paper statement.

Does CoastLife Credit Union Kids Klub Account charge overdraft fees?

Yes, CoastLife Credit Union Kids Klub Account charges a $25.00 overdraft fee.

What features and perks does CoastLife Credit Union Kids Klub Account offer?

Can you set up a direct deposit to CoastLife Credit Union Kids Klub Account?

What is the customer support email for CoastLife Credit Union Kids Klub Account?