Earn a $1,000 bonus toward your child’s future with Charter One’s CollegeSaver plan.

Just save a minimum of $25 a month every year until they turn 18.

Charter One’s CollegeSaver is an easy, rewarding plan for saving for college that can be started with just $25:

Open a CollegeSaver account before your child’s 6th birthday.
Save a minimum of $25 a month every year (one skipped deposit allowed per year).
Receive a $1,000 bonus plus interest when your child turns 18.

CollegeSaver applications can be submitted in a Branch or by Phone (not available online for some reason). Your Charter One CollegeSaver account has no limit to how much you can save, and CollegeSaver pays you higher rates as your balance grows.

You’ll receive reminders so you won’t miss a payment and can easily stay on track, or you can set up free transfers from a Charter One checking account to ensure regular, automatic deposits so you won’t lose your bonus. If you are interested in saving the planet, you can also have the funds taken from your Green$ense account which lets you earn money when you use your debit card to help fund your savings (read about how you can earn $120 a year with the Green$ense account here.

And since its not a 529 plan, you are not required to spend CollegeSaver funds or the $1,000 bonus on education. It could certainly pay for some pizza and beer and student football tickets.