The sooner you start saving with a baby-on-the-way high-yield savings product, the sooner your money starts earning interest. Even small deposits can add up quickly when they’re growing at more than 8 times² the rate of a traditional savings account.⁴
Opening now also means you’ll have funds ready to transfer into your kids investment account (UGMA) once they’re born—so you’re not just saving, you’re building a financial foundation for their future.
² The interest rate is based on numerous factors, including the current interest rate environment, and is subject to change without notice.
⁴ The national deposit rate for savings accounts is 0.40%, according to the FDIC as of September 15, 2025.