OPEN INVESTMENT ACCOUNT: Parents open a long-term investment account for their children at any financial institution. The type of accounts include Trust Funds or UTMA/UGMA savings account that do not allow the child to withdraw funds typically until they reach 18. If you don’t have an account for your child and need assistance, Wells Fargo, Chase and Bank of America are good sources for more information.
SIGN UP ON WEBSITE: Parents go to the website to create an account. Have the routing and account numbers handy in order to connect the child’s investment account for cashback deposits.
GET THE MOBILE APP: After account sign-up, download the mobile app to get and use your e-card at participating retails to start saving. Also, check latest cash back rewards, update profile info, check retailers and find the nearest retailers, send referrals to family and friends for added rewards.
START SAVING: Visit retailers listed on the website or in the app, use the e-card in the app for the retailer to scan, cash back rewards deposited directly into the connected investment accounts you have setup for your children. Repeat! Easy!