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Forum
-> Household Management
-> Finances
seeker
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 Mon, Dec 10 2018, 11:33 am
I'm a little behind on this but it's about time.
What bank do you use and why?
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pesek zman
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Mon, Dec 10 2018, 11:37 am
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Chase, because that’s where we bank
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amother
Sienna
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Mon, Dec 10 2018, 11:38 am
personally we invest their money but otherwise I would use chase because that's where we bank 
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seeker
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Mon, Dec 10 2018, 11:51 am
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I'm not talking about an investment-worthy amount; I'm talking about if they have $100 worth of cash Chanukah presents... these things add up over time
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amother
Sienna
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Mon, Dec 10 2018, 11:54 am
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so then an account where ever you bank
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sub
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Mon, Dec 10 2018, 12:00 pm
Go to nerdwallet.com. They have a list of banks that have accounts for children.
Also small local bans are usually better than banks like chase or citi
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keym
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Mon, Dec 10 2018, 12:00 pm
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CapitalOne online kids savings accounts. Has the highest interest rate I've seen in basic savings accounts with no minimum and being able to withdraw at will.
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Reality
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Mon, Dec 10 2018, 12:03 pm
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Valley national usually has a promotion if you open up a kids account they give each child $20
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amother
Pumpkin
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Tue, Dec 11 2018, 2:24 am
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I just opened up 3 Capital One Kid's savings accounts this week and set up an automatic monthly transfer into each. Hopefully this will help save for their future expenses.
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