Free for Members
MyCash is completely free. No hidden costs, just helpful tools.
Get To Know MyCash
Building smart money habits starts here.
MyCash1 Spend Account
Start your financial journey with a MyCash Spend Account. Designed to give kids and teens their independence with money while parents stay connected with visibility and control.
- No monthly service fee
- Access to 85,000+ fee-free ATMs nationwide2
- Mastercard® debit card with digital wallet capability
- Zelle®3 access starting at age 13
- Convenient online and mobile banking
Develop Sound Money Skills
MyCash is a dynamic, free platform available in online and mobile banking, designed to help kids build solid financial habits that last a lifetime. A savings and a checking account are just the beginning, Kinecta’s youngest members learn how to earn, spend, save, and even borrow, guided by a trusted adult.
What Is MyCash?
MyCash helps kids and teens practice real world money skills in a safe, supervised environment. They can:
- Set savings goals and create budgets
- Request money for a specific purpose
- Explore borrowing and the responsibility for making payments
- Receive an allowance
- Make transfers between accounts
- Practice spending responsibly
- Open an account for members ages 8-17
- Learn through short, easy to understand educational videos
It’s engaged learning that builds confidence and independence.
For Parents
Designed for Growth
Members ages 8–17 can participate and level up with age appropriate access to tools.
Built‑In Safety
Kids bank with adult supervision and the security that comes with being a Kinecta member.
Manage Spending
Parents have the ability to set spending limits, control spend and receive alerts for purchases.
For Kids
Request Money
Send a request right from the mobile app—for chores completed or lunch money.
Build Confidence
Learn financial skills and use MyCash tools to develop a solid financial foundation.
Achieve Milestones
From saving goals to paying off a loan, accomplishments are rewarded.
Practice Makes Perfect
Save
Set goals, follow a budget, and learn through guided educational videos.
Spend
Track balances and see how everyday choices add up.
Earn
Celebrate accomplishments and learn the value of hard work through chores and grades.
MyCash FAQs
Who can open and use MyCash?
MyCash is available for youth ages 8-17. A parent or legal guardian must be a joint owner on the account.
For children less than 8 years old, a CUTMA/UTMA (custodial account) can be opened. Once the child reaches age 8, a parent or legal guardian can open a non-custodial membership and a MyCash Spend account for the child.
| Feature | Kinecta Kids | Kinecta Youth/Teens |
|---|---|---|
| Age | For youth 0–7 | For youth 8–17 |
| 5.00% APY on the first $500 of High Yield Savings Account4 Balance | Yes | Yes |
| Youth Digital Platform | No | Yes, with qualifying parent or legal guardian as joint owner. Request money from parents, borrow money while teaching concept of interest, facilitate allowances, reward good grades and more! |
| Debit Card w/ Digital Wallet | No | Yes, Compatible with Apple Pay, Google Pay, and Samsung Pay for secure, tap-to-pay convenience |
| Card limits, controls and alerts managed by qualifying parent or legal guardian as joint owner | No | Yes |
| Zelle® only at age 13+ | No | Yes (up to $500 daily) |
| Kinecta Mobile app & Online Banking | Yes | Yes |
| Access to Financial Literacy Education | Yes | Yes |
| College Saver Certificate5 | Yes | Yes |
| Automatic Advancement | To Kinecta Youth/Teens | From MyCash Spend To Classic Checking at age 18 |
How do I enroll in MyCash Youth Banking?
It’s easy to enroll and use MyCash features! Both the parent/legal guardian and child need to be enrolled in online or mobile banking. The parent/legal guardian first registers the child in Youth Banking before the child can have access to MyCash features.
Parents can open a CUTMA/UTMA (custodial account) for children less than 8 years old. Once the child reaches age 8, a parent or legal guardian can open a non-custodial membership and a MyCash Spend account for the child.
Does my child get a debit card?
Children with a MyCash Spend account or Classic Checking account (if open under a non-custodial membership) receive a debit card that can be used for everyday purchases. Parents/legal guardians can help oversee card usage through available card management and spending control features.
Can my child use MyCash Youth Banking without me?
MyCash is designed to be a shared experience between parent/legal guardian and child. While children have their own access and can independently manage certain activities, parents/legal guardians remain connected and involved through oversight and approval tools.
Is MyCash Youth Banking safe and secure?
Yes. MyCash is offered through Kinecta's secure online and mobile banking environment and includes parental/legal guardian oversight features designed to help families manage money confidently while teaching children safe financial habits.
If I'm not already a member, how can I join Kinecta?
Parents/legal guardians and their children can apply for membership in Kinecta by applying online, visiting a local branch or booking a virtual appointment.
1No monthly service fee and no minimum balance requirements apply. A minor who is at least eight (8) years old and under eighteen (18) years old may establish only a MyCash Spend account. The minor is not eligible to establish any other checking account until attaining eighteen (18) years of age. The minor’s parent or legal guardian must be a joint owner on the account. MyCash Spend accounts are eligible for debit card issuance, and checks are available upon request. MyCash Spend accounts are not eligible for Overdraft Protection, Courtesy Pay, or Select Accept coverage. When the minor account owner attains eighteen (18) years of age, the MyCash Spend account will be converted to a Classic Checking account.
2ATM fees. No surcharge fee for Kinecta and affiliated credit union CO-OP and Allpoint ATMs. Unaffiliated ATM owners/operators may assess fees.
3U.S. checking or savings account required to use Zelle®. Transactions between enrolled users typically occur in minutes. Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.