Best Kids' Saving Money Banks of 2026
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Kids' saving money banks are an excellent way to teach children about the value of money and saving from a young age. These banks come in various shapes and sizes, from traditional piggy banks to more modern designs that incorporate electronic features. They often feature colourful designs and can be a fun way for kids to store their pocket money or earnings from chores. By encouraging children to save, parents can advise them on how to manage their finances and stabilise their future financial habits. Overall, kids' saving money banks are a practical and educational investment for any family.
At a Glance: Our Top Picks
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Top 8 Kids' Saving Money Banks
Thedttoy Electronic Piggy Bank for Kids
Thedttoy Piggy Bank is a fantastic way to introduce your child to the concept of saving money. Made from environmentally-friendly ABS plastic, it is both durable and safe for young users. The automatic paper money scroll feature makes it easy to deposit cash, while the password protection ensures that only your child can access their savings. With a high storage capacity, this money box can hold plenty of coins and notes, making it a practical choice for financial education.
Tevo Digital Money Box for Boys with Password
The Tevo Kids Piggy Bank is a fun and engaging way to encourage children to save. With a unique 3-pin code, your child can secure their savings and feel a sense of independence. The auto-feed function makes depositing notes an exciting experience, as kids simply push notes into the feeder and watch them disappear. Setting up their security code is easy, allowing children to quickly learn how to access their savings. This electronic money bank not only helps teach good saving habits but also adds a stylish touch to any boy's bedroom with its appealing blue camo design.
HUSAN Electronic Piggy Bank with Code Lock
The HUSAN Code Lock Piggy is a smart money bank designed for kids, helping you encourage good saving habits. It holds a large amount of coins and paper money, making it ideal for storing pocket money or saving for special gifts. You can choose to insert notes, which are automatically rolled inside, or drop coins through the slot, making saving fun and engaging. The electronic password lock lets you set a unique code, so your child’s money stays safe. Made from sturdy, safe plastic, it’s both durable and child-friendly.
Highttoy Electronic Password Safe Money Bank for Kids
The Highttoy Password Safe Bank is a sturdy and durable money box made from high-quality ABS plastic, ensuring it is safe and long-lasting for children. It features a 4-digit password lock that only you can open, helping to keep savings secure. The electronic note feeder allows coins and bills to be deposited easily and automatically, making saving money fun and convenient. With a large capacity, it can hold up to 600 coins or 100 notes, encouraging good saving habits by helping you manage and plan your pocket money effectively.
Cash Truck Piggy Bank with Fingerprint Protection
The Flex Value Piggy Bank is an ideal gift for teaching children the significance of saving money. With its automatic money scroll feature, cash is effortlessly pulled into the bank, making saving feel enjoyable. The separate coin section adds convenience for managing coins. Enhanced with a personal password lock and fingerprint protection, you can ensure your child's savings are secure. Additionally, the high-quality material makes it a stylish addition to any room while fostering good saving habits through fun lights and music.
MHJY Unicorn Piggy Bank with DIY Decor
The MHJY Unicorn Bank is an adorable money box that encourages creativity with its DIY decorations. You can customise it with unicorn-themed accessories like horns, dresses, and stickers, making it truly unique. Its generous size can hold over 500 coins or banknotes, and a plastic knob at the bottom allows for easy access to your savings without damaging the bank. Made from safe, unbreakable resin, it’s lightweight and durable, ensuring it withstands the playful hands of young children.
Summidate Wooden Piggy Bank for Kids
The Summidate Kids Piggy Bank is an excellent way for children to learn the importance of saving money. Its clear acrylic windows allow you to see savings grow, making it an educational tool as well. Made from natural wood and non-toxic materials, it ensures safety for children aged three and above. This personalised money box is perfect for various occasions, such as birthdays and Christmas, while also serving as a delightful room decoration. Its practical design allows for easy access to savings by simply unscrewing the screws.
HmiL-U Unicorn Automatic Piggy Bank for Kids
The HmiL-U Unicorn Piggy Bank is a delightful and practical gift that helps children develop good saving habits from a young age. It features a clear voice function, greeting your child with “Hello” when a coin is placed and saying “Thank you” after the money is taken, adding a fun interactive element. With a large capacity to hold around 30 to 40 coins, it’s perfect for teaching kids how to save effectively. The automatic stealing feature makes saving money exciting, as the unicorn "steals" the coin when your child presses the button, encouraging engagement and learning.
Frequently Asked Questions (FAQs)
1. What is the bank the children use to keep their savings in called?
Maybe some of us still use our first piggy banks. It's one of the most effective ways for parents to teach their children the value of saving money rather than spending it. More importantly, the piggy bank is also a good reminder for parents and young adults who may have forgotten the importance of saving.
2. What bank account can I open for my child?
Minor children by law can't open a savings account. They need a parent or guardian to set up a custodial or joint account. A custodial account is the property of the child, but managed by the parent until the child turns 18.
3. Is it good to save money in piggy bank?
A piggy bank can help break your goal down into manageable amounts, according to a financial planner writing for USA Today. He says it's a good reminder of the value of saving consistently. When broken down into small daily goals, even a large purchase, trip or other expense seems much more achievable, he says.
4. Is there a piggy bank that counts money?
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During our kids' saving money bank research, we found 306 kids' saving money bank products and shortlisted 8 quality products. We collected and analyzed 42,689 customer reviews through our big data system to write the kids' saving money banks list. We found that most customers choose kids' saving money banks with an average price of £17.79.
The kids' saving money banks are available for purchase. We have researched hundreds of brands and picked the top brands of kids' saving money banks, including Thedttoy, TEVO, HUSAN, Highttoy, Flex Value.
Jennifer Fraser is a licensed contractor specializing in sales, maintenance, and kitchen, bathroom, and home appliances, tools, and utilities. She owns a store in Leeds where you can get any home and tool appliance. Jenny has a degree in literature, but she combines her knowledge and experience with her degree to publish DIY articles on solving home appliances issues to keep up the family enterprise.