Today's best savings accounts are paying near record rates, and the highest APYs of all are offered to kids. See how they can earn as much as 10% on their cash in the bank.
A savings account for youngsters can introduce them to the idea of putting money away and even help them learn about concepts like compound interest. They can deposit money from birthdays, holidays, ...
Parents want what's best for their kids - including a financially comfortable future - but that can be a daunting prospect.