Daily allowance for children – child allowance comparison
A daily allowance account for children is characterized by no fees and daily availability of the entire savings amount. The bank can lower or raise the interest rate on child benefit depending on the market situation. Daily allowances with an interest guarantee, such as the Renault Bank overnight allowance account for children, are excluded. Here is the return for a guarantee period. More about child benefit at sparkonto.org
Up to € 500 premium until January 31, 2020 with the ETF savings plan OSKAR for children.
The state as a legislator explicitly protects children’s savings investments by prescribing coin-safe savings investments. Share and fund savings plans are not excluded. We recommend spreading the risk with an ETF savings plan for children and not investing in individual stocks. OSKAR is an ETF savings plan for families, recommended by the magazine ELTERN. Read our fact check.