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6% interest.

February 14th, 2011 at 06:50 pm

I just found a minor account that is giving 6% for the first $1,000. I think that's unheard of now days I had to jump on it.

I'm am looking into opening an esa for my daughter. I'm on babystep 3 but should be moving on in the next couple of months.

4 Responses to “6% interest.”

  1. Joan.of.the.Arch Says:

    That's great. Are there requirements to have paycheck deposits and to use a debit card?

  2. fruitbowlk Says:

    It's an account for minors only. The only requirement to get the 6% is you have to save up to or have $1,000.

  3. Joan.of.the.Arch Says:

    Oh, thanks. Somehow my brain was not processing that "minor" meant child; I was thinking it meant small, as in low balance account.

  4. -Jerry- Says:

    Minor is not always minor, right? Smile I think this is a great idea to save for your kid and it can lead to some insurance of a big financial difference in the future. Good for you!

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