Savings account for children – save long-term and safely
More and more parents and also grandparents are starting to do so, for their children or grandchildren a savings account shortly after birth or set up another product that serves to build up assets through regular savings contributions. For example, the opportunity is often used to open a free student account in order to deposit pocket money on it. The banks are now even offering special savings products for children that can be used for different purposes. It is therefore important for parents, for example, to make a savings account comparison so that a safe and yet profitable product can be found. In addition, there are some points to consider when opening a savings account.