What bank allows for a student account with the highest interest rate?
I am a minor and have around $600.00 and was wanting to know what bank has the highest saving account rates. I have viewed Bank of America and they seem to be ok are there any others?
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July 25th, 2010 at 3:08 pm
All banks are paying next to nothing on checking accounts and very little on savings. 3% and less. Just bank where it is convenient for you 600 will generate less than 25 a year.
July 25th, 2010 at 3:21 pm
Check your local credit unions to see if there is one you can join. Mine has student CDs and high-dividend checking accounts that both pay better than all of the local banks.