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...
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...
Opening a savings account for your young child or teenager helps get them on the right financial path. Here are the best savings accounts for kids.
2. Apple Bank SmartStart Savings Account: Best for making payments Serving customers in New York and New Jersey, Apple Bank offers the SmartStart Savings account to kids ages 6 to 25. While you can access and manage this account online eventually, you’ll need to make an appointment at a ...
The Alliant Kids Savings Account requires an initial deposit of $5, which the credit union will cover for you. The account pays 3.1 percent annual percentage yield, but it earns no interest if the daily balance falls below $100. No monthly fee is charged as long as you receive e-statement...
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...
Consider these accounts for saving money for your kids. Feed your brain. Fund your future. Subscribe now Savings account A parent can open a savings account at a traditional or online bank for a child of any age, as long as the adult is the primary or joint account holder. It's easy...
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...
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...
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 ...