Kids Savings Accounts
Kids savings accounts can help teach your children the value of saving money while watching it grow and enjoy the rewards from saving for a goal. There are many different ways kids savings accounts offer incentives to encourage saving and it varies between financial institutions. For instance, some kids savings accounts can have a miniscule base rate and a large bonus rate that is only awarded if certain criteria are met such as a maximum number of withdrawals and a minimum amount of money deposited each month. Fees and charges can also differ so it's best to compare kids savings accounts online to find the best value for money.
The table below displays today's best rates for children's savings accounts.
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