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Best Savings Accounts for Kids | October 2021

One financial habit worth instilling early in kids is saving. And the best way to do that is to open a kid's savings account. A kid's savings account offers the opportunity to teach the value of saving when children are young and good banking habits are forming.

Opening a savings account for your child is an excellent way to teach money management skills and set her up for financial success. The best savings accounts for kids have great competitive interest rates and few, if any, fees. They also provide tools parents can use to help children set goals.

There are a wide variety of savings accounts for kids to choose from. Here is our list of the best currently available.

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