Pelican Pays Up to $10 Per A
As a Team Pelican youth savings account holder, kids are eligible to turn in their report cards and earn up to $10 per A.
Why Pelican
Extra Perks for Young Members
- 1
Get Rewarded for Good Grades
Pelican believes in rewarding hard work, which is why Youth Savings members can earn up to $5 per A on semester-end report cards—or up to $10 per A when paired with an active Teen Checking account.
- 2
Earn More as You Achieve
Students can earn up to $35 per semester with Youth Savings alone, or up to $70 when both accounts are active.
- 3
More Than a Savings Account
Just by having an account, members are eligible for a $1,000 Team Pelican Scholarship.
why bank with pelican
Benefits That Go Beyond Saving
1.26% APY paid on entire balance
Earn 1.26% APY on the entire balance, helping your child’s savings grow faster. It’s a strong rate designed to reward good habits from the very beginning.
Dividends paid quarterly, credited to the full balance
Watch their savings grow with dividends paid quarterly and applied to the full balance.
No monthly service fee
Keep more of what you save with no monthly service fees. Every dollar your child sets aside stays working toward their future.
Free digital banking through the MyPelican app
Manage your child’s savings anytime, anywhere with free digital banking through the MyPelican app.
For members ages 17 and under
Designed for members ages 17 and under, this account grows with your child. When they turn 18, it automatically converts to a Simple Savings account.
Special perks and rewards
Saving with Pelican comes with extra motivation. Youth Savings members can earn up to $5 per A on semester-end report cards and eligibility on scholarships and awards.
