0
The best way to start a children's savings account is to approach the bank or credit union you use to set one up. Typically you would set up co-ownership of the account set to be transferred over to the child at 18.
Wiki User
∙ 10y ago
The best way to start a children's savings account is to research different banks or financial institutions to compare their offerings and find one that meets your needs. Look for an account with no or low fees, a competitive interest rate, and user-friendly features. Consider involving the child in the process to teach them about saving and financial responsibility.
Add your answer:
Earn +20 pts
What is the best bank in the Philippines to start a savings account?
BPI
Where's the best place to start a savings account?
The best place to start a savings account would be any bank closest to you. And find the bank with the highest interest rate. There's also a website called BankRate which you can use to find the best bank in your area.
Where is the best place to have a mutual savings account?
A mutual savings and loan is the best place to have a savings account. There are plenty of good and reputable savings and loan banks out there. You can just look for them.
Where can I find the best savings account?
Typically - you will not be able to find the "best" savings account, due to the fact that savings account do not generate a lot of income regardless. Your best bet would be to use the savings account with your bank, or try out a Certificate of Deposit.
Where can people find savings account that will be the best for them?
Savings account limits and rates are varied and much information can be found online that will help people find a savings account that best suits their need.
What is best a money market account or savings account?
madhu
how do i get started need to start an account to save for down payment on my first house?
It is best to get a savings account with a high interest percentage rate return. Bank of America offers a great percentage rate for your savings.
How do I find the best savings account if I don't have much money?
You can find the best savings account if you don't have much money at www.best-savingsaccount.com. Another good site is www.moneysavingexpert.com/savings/
Are there any banks that offer a high yield savings account?
There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.
How can one obtain the best interest on savings?
One might obtain the best interest on savings by looking at the different interest rates banks offer and opening a savings account with that bank. Another way to obtain the best interest on savings is to open a Tax Free Savings Account.
Which banks offer the best savings account rates?
You will find the best rates for savings with an online account. THe larger your deposit the better your rate will be,try Netbank.
How can you find out who offers the best savings account rate in the nation?
You can find out who offers the best savings account rate in the nation at www.bestcashcow.com/bank_rates/savings.html. Another site is www.bankrate.com/checking.aspx
