Education Savings Accounts
Explore Our Accounts
Education Savings Account (ESA)
Whether you’ve already been on a long-term savings journey, or are just getting started, an ESA will help you grow your education savings tax-free.
Education Money Market Savings Account
With an ESA Money Market Savings Account (MMSA), you can start with a $0 minimum balance— once you've reached a balance of $2,500 you'll start earning higher dividends.
ESA Money Market Savings Account Rates
| Minimum Deposit | APY |
|---|---|
| $0 to $2,499 | 0.00% |
| $2,500 to $9,999 | 0.40% |
| $10,000 to $24,999 | 0.45% |
| $25,000 to $49,999 | 0.45% |
| $50,000 and over | 0.45% |
A $2,500 minimum balance must be maintained to earn dividends.
Education Savings Accounts
All of Navy Federal’s education savings plan are Coverdell ESAs. Learn more about these accounts and how they compare to 529 Plans.
Want More Information About Saving?
Visit our Savings Learning Center for tips, tools and other resources.
Savings Resources
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Savings Rates
Check out our competitive rates on all Navy Federal savings products.
Learn Moreabout Savings Rates -
Certificate Rates
Maximize your savings with a Navy Federal certificate. Take a look at our dividend rates to see what you can earn.
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Cash Out or Roll Over?
Need help deciding what to do when your certificate matures? Read about your certificate maturity options.
Learn Moreabout Cash Out or Roll Over?
Disclosures
Contributions can be made up to the maximum annual deposit amount of $2,000 per child per year.
↵Rates on variable accounts (e.g., Share Savings, Checking, MMSA) may change after the account is open. This APY is accurate as of 01/20/2022. Fees may reduce earnings.
↵A $2,500 minimum balance must be maintained to earn dividends.
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