Get a bank account for kids
Wednesday October 15, 2008
If you're planning a family, it might be a good idea to set up a bank account for your children. By setting up a savings account or a bank account for kids you'll have extra funds to draw upon if you need them.
A bank account for kids is easy to organise with your bank. An online bank account may be easier for you to manage. This type of bank account often earns higher interest and may have lower fees. As you don't have a bank card to access the online bank account, there is less temptation to dip into the bank account.
Compare savings accounts and find the best bank account for kids.
