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mema2012
LIF Infant
Member since 10/12 333 total posts
Name:
Mema
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Kid friendly banking
Dh and I already have investments and 529s for our kids, but are now looking to open a savings account for our 8yo dd. We want her to start learning about saving and spending with her own money.
She'll be depositing her 1st Communion money to start, and then small amounts she receives as 'allowance' and gifts.
Can someone recommend a kid friendly bank? One that does not charge fees for keeping a very small balance? Are there any out there that have kid incentives, gifts like piggy banks, free coin counting, etc?
Thanks in advance!
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Posted 5/7/13 2:14 PM  |
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alli3131
Peanut is here!!!!!!
Member since 5/09 18388 total posts
Name:
Allison
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Kid friendly banking
I have DS account at TD. They are great. We toured the vault I think the min on his account is 20 if there even is one.
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| Posted 5/7/13 3:33 PM |
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Karen
Just chillin'!!
Member since 1/06 9690 total posts
Name:
Karen
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Re: Kid friendly banking
TFCU came to our Daisy meeting and they seemed to be very kid-friendly with their banking products.
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| Posted 5/7/13 3:45 PM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: Kid friendly banking
TD Bank
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| Posted 5/7/13 4:39 PM |
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beanie571
:-P
Member since 5/07 2509 total posts
Name:
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Kid friendly banking
TD Bank has a young saver account. No minimum. Have an account there for both of my DD's.
* edited for spelling
Message edited 5/7/2013 9:31:34 PM.
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| Posted 5/7/13 9:30 PM |
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ny55angel
car seat tech & geek :-)
Member since 2/06 4346 total posts
Name:
P
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Kid friendly banking
Bethpage credit unions have great rates for their kids savings accounts. Better then td. They have coin counters as well free for members.
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| Posted 5/7/13 10:45 PM |
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snowprincess
My happy babies
Member since 3/06 3428 total posts
Name:
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Kid friendly banking
I would go with a bank that has a free coin machine - because kids like to collect change
TD has one and capital one
we went with capital one because of location - they have a free passbook account - so if you make a deposit with the book they see the amount and print out of interest earned - nice for kids to see
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| Posted 5/8/13 10:09 AM |
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JavaJunkie
Someday, Somehow
Member since 6/05 5857 total posts
Name:
Lois
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Re: Kid friendly banking
Posted by ny55angel
Bethpage credit unions have great rates for their kids savings accounts. Better then td. They have coin counters as well free for members.
We use Bethpage also. They have free coin counting and when we did ds account they were giving a nice interest rate in his first $1000
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| Posted 5/12/13 5:39 PM |
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CunningOne
***
Member since 5/05 26975 total posts
Name:
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Re: Kid friendly banking
My kids both have free TD Little Savers Passbook accounts.
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| Posted 5/12/13 6:59 PM |
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Adri
Joy!
Member since 5/05 3116 total posts
Name:
A
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Re: Kid friendly banking
DS have his account at TD Bank (He is 7). We started it a couple years ago, after a summer, because they have this program where they deposit $10 for an amount of books read through the summer.
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| Posted 5/12/13 7:17 PM |
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Adri
Joy!
Member since 5/05 3116 total posts
Name:
A
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Re: Kid friendly banking
More info about that here
http://www.tdbank.com/summerreading/
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| Posted 5/12/13 7:20 PM |
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MrsSchwags
Soccer Baseball Lax Mom
Member since 10/05 11240 total posts
Name:
Jennifer
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Re: Kid friendly banking
We use Bethpage for our banking and our kids like going there for the coin counting. I also like the 1% on the first 1000.
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| Posted 5/12/13 7:55 PM |
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Mella46
LIF Adolescent
Member since 1/07 515 total posts
Name:
Carmella
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Kid friendly banking
Astoria Federal Savings
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| Posted 5/13/13 12:27 PM |
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dawnygirl25
Growing up soo fast..
Member since 1/06 14917 total posts
Name:
Dawn
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Re: Kid friendly banking
capital one has a free coin counting machine and the kids like to dump their piggy bank change in there and then walk up the counter to make the deposit. Its a free account for kids, no fees too.
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| Posted 5/15/13 11:14 PM |
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