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Children's bank accounts

Tuesday September 2, 2008

Bank accounts for children are different to most other bank accounts. Often they will charge no fees for transactions at ATMs provided by the bank nor charge monthly account keeping fees and may even offer a better than usual interest rate. If you are looking to teach your child about the value f saving, shop around for the best deal for them rather than settling on whatever your current bank offers in children's bank accounts. The more effectively bank accounts allow your children to save, the more positive experience they will get from saving.

Please visit our comparison page if you would like to apply for online savings accounts or compare bank accounts.


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