Child Spending Account

Fidelity Bank Launches Growth Spending Account, Geared to Teaching Children About Money Management

Fidelity Bank today takes money management to the next level with the introduction of the Growth Spending Account for children—the first of its kind from any financial institution in Central Massachusetts.

Two children are in a store. One child is about to insert his debit card into the POS machine to make a payment

Teaching Financial Independence: Empower Your Kids with Their Own Spending Account

Giving your child their own spending account is a powerful way to teach them financial responsibility and independence. Here are some ideas on how you can empower your kids by providing them with their own spending account, helping them develop essential money management skills.

A little girl is seated in front of a dryer removing the clean clothes and putting them in a basket

Allowance and Chores: Using the Spending Account to Teach Work and Reward

Teaching children about the relationship between work and reward is a vital part of their financial education. Opening a spending account for your child can make it easy to manage allowances and chore payments, providing a practical way to instill these values.

A child is counting coins, and in the foreground of the image, an adult's hand is holding out a quarter

How to Teach Your Child Financial Responsibility with a Spending Account

Teaching your child financial responsibility is a crucial part of their development. Using tools that offer control, and oversight can guide them through the basics of money management in a safe environment.

Routing # 211370707 | NMLS # 452347 | Phone: 800.581.5363