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Thread: Which is best savings account for kids?

  1. #1
    Join Date
    Mar 2005
    Location
    Subang
    Posts
    1,238

    Which is best savings account for kids?

    Thinking of opening a banking account for my 5 year old to encourage savings. Which is a good bank that offer the best features?
    A wise man refrains from talking but a fool utters rubbish.

  2. #2
    Join Date
    Sep 2007
    Location
    ss18
    Posts
    390
    HLB credits interest monthly, daily rest calculations.

    Maybank credits interest every 6 months, monthly rest calculations.

    Definately NOT Maybank. There could be others - the key is how they calculate and credit.

  3. #3
    Join Date
    Jul 2004
    Location
    UEP Subang Jaya
    Posts
    5,618
    Even if u hv a kiddie bank account with maybank u need to Withdraw and bank in at least once every six month.

    Otherwise it is deemed inactive and account can be move to Bank Negara! Stoopid rules.

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