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Capital One Launches Fee-Free Kids Savings Account With Autopay

8/22/2026

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Story summary
  • Capital One offers a Kids Savings Account with joint ownership and no fee.
  • The account provides a separate login so the child can view money.
  • An Automatic Savings Plan can deposit funds on a schedule set by the adult.
  • When ready, the account transitions to a Capital One 360 Performance Savings account.
  • A $1,000 balance at roughly 4.00% APY would earn about $40 in a year.