8 best savings accounts for kids Methodology: How we choose the best kids' savings accounts Other kids' accounts with savings features Can I open a regular savings account for my kid? Compare savings accounts for kids How to set up a custodial savings account for kids Pros and cons of kids...
2. Capital One kids savings account Get started with Capital One 360 The Kids Savings account from Capital One comes with no fees, no minimum balance, and a 2.50% interest rate. You can also set goals for the savings account, so your child has a hard number to be working toward each...
Opening a savings account for your kids is a great way to teach money management skills and start them on the way to financial success. The best savings accounts for kids earn interest and have no or low monthly fees — like the best savings accounts for adults. They may also have highly...
4. Capital One Kids Savings Account: Best for savings goals Capital One may be best known for its credit cards, but it also maintains robust personal banking accounts, including the Capital One Kids Savings Account. This account is open to children under 18 and requires a parent, guardian, ...
Capital One Kids Savings Account Why we chose it:You don’t have to wait until your child is a certain age to open this account. A parent or a legal guardian can open this account for a baby. Grandparents can open one of these accounts when the child turns 12. ...
Because of these limitations, Walley said he "would keep a general savings for a child in addition to the 529." How to help your kids save Once you have a savings account set up, it's time to help your child kickstart their savings. Experts say setting goals – some short-term, some...
Copper Banking:Best Kids Checking Account Alliant Credit Union:Best Savings Account for Kids Greenlight:Best Kids Debit Card Step:Best Kids Credit Building Account 1. Copper Banking: Best Kids Checking Account Our Rating:4.7/5 Monthly Fee:$4.95 – $7.95 per month ...
Canada’s Best Kids Bank Account for Rewards: Scotiabank Getting There Savings Account The Getting There Savings Account is Scotiabank’s account for children under 18. It features unlimited debit transactions, so if you’d rather have your kids learning how to use a debit card, it’s a good...
Best for kids: Alliant Kids Savings Account Honorable mention: Bask Bank Interest Savings Account Honorable mention: Barclays Online Savings Honorable mention: Bread Savings™ High-Yield Savings Honorable mention: LendingClub High-Yield Savings Which savings account is best for me? Get closer to yo...
Access to HSBC MySavings No overdraft Apple Pay, Google Pay, and Samsung Pay Santander 1|2|3 Mini 0–17 None Choice of contactless debit card or cash card Kids 13 to 17 can open an account on their own No overdraft Interest on balances up to £2,000 BarclayPlus 11–15 None Choice...