Simmons Bank Save10 Youth Savings up to $120 Bonus

Simmons Bank logo

Simmons Bank : Save10 Youth Savings

up to $120

3.4

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

Limited Time Offer

How To Earn The Bonus

  1. Visit select Arkansas branches of Simmons Bank, as defined in the link below, and sign up for a Save10 Youth Savings account.
  2. Open the account with $10 or more and maintain through the third reward cycle and receive a $10 match.
  3. Provide proof of grades within 30 days of school year end in the branch via sealed or stamped report, for up to $10.00 ($1 per A).
  4. At age 18, convert your account, or open a checking product within 60 days of turning 18 to receive conversion bonus.
  5. Conversion bonus will pay as follows: (1) If your balance is $100 to $249 reward will be $10; (2) If balance is $250 to $499 reward will be $25; (3) If your balance is $500 to $749 reward will be $50; (4) if your balance is $750 to $999 reward will be $75; and (5) if balance is $1,000+ reward will be $100.
  6. Conversion bonus will pay 180 days post-conversion.

Available in Your Area?

No

Monthly Fees?

No

Open Online?

No

Credit Pull?

Unknown

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Learn More

Available at select Arkansas branches, Simmons Bank is offering up to $120 in free cash for their youth savings account. This comes in the form of several micro bonuses. You'll receive a matching $10 when you open the account with $10. Next, earn $1 for every A on your report card, up to $10 total. Finally, before your 18th birthday, convert your account to a Simply Savings account and receive up to an additional $100.

How To Earn The Bonus

The Simmons Bank Save10 Youth Savings promotion requires you to optionally, deposit and maintain a minimum balance in order to earn the up to $120 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • Limit one account per minor under the age of 18.

Open a Save10 Youth Savings account before the bonus expires

How does this student savings offer from Simmons Bank compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Chase

Chase Business Complete Checking®

Bonus
$300
Account Type
Business Checking
Expires In
64 days
Requires
  • Min Balance
  • Card Spend (optional)
Full Details

Why Simmons Bank?

Save10 Youth Savings

The Save10 Youth Savings account is specifically designed for elementary-aged children through a minor’s 17th birthday.

Fees

Save10 Youth Savings does not charge a monthly maintenance fee.

Apply now for a Save10 Youth Savings account to earn the up to $120 bonus offer

Share Your Thoughts or Questions

There have been 1 comment about the Simmons Bank Save10 Youth Savings up to $120 Bonus.

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Nicholas

November 15, 2023

This is an interesting way to get teenagers to save money and then get a bonus when they turn 18. It's just a little annoying that you have to go into a branch to get this offer; it doesn't sound like it's available online at all.

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