Is there a good online bank for kid accounts? Right now they have the kid accounts at Chase but it gets like .1%

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Nov 8, 2024
4:01:57pm

Mike Honcho Political Junky

Is there a good online bank for kid accounts? Right now they have the kid accounts at Chase but it gets like .1%

Interest which makes my attempt to teach them about compound even less compelling than it is to begin with.

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Mike Honcho

Previous username: BYUCoug11
Bio page: Mike Honcho
Joined: Feb 27, 2011
Last login: Nov 12, 2024
Total posts: 55,599 (10,623 FO)

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Messages

Author

Time

Is there a good online bank for kid accounts? Right now they have the kid accounts at Chase but it gets like .1%

Mike Honcho Political Junky

Nov 8, 4:01pm

13 and up can do fidelity youth accounts. They are great. Younger than that and we use Till.

supertux

Nov 8, 4:02pm

Thanks, I’ll look into Till then since 2 are still under 13

Mike Honcho

Nov 8, 4:14pm

If you do use Till and want your wife to have access too, just have her use your login. The way they do

supertux

Nov 8, 4:21pm

I've tried a lot of other kinds of kid accounts

supertux

Nov 8, 4:08pm

I have created custodial accounts with Ally, which work okay

B-town_coug

Nov 8, 4:09pm

Capital One has one I used for my teenager

Fdnman

Nov 8, 4:31pm

the kids savings account has a 2.5% rate

Fdnman

Nov 8, 4:34pm

Crew is a new family banking startup in Utah. Love how user friendly it is. 4.2%

preneur

Nov 8, 4:48pm

When our kids were young UCCU had a decent Youth Savers account

Nov 8, 4:52pm

Greenlight.

VACOUGFAN

Nov 8, 6:38pm

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