Kids bank accounts

soooo few to choose from and most of them get a crap interest rate, Matthew and I have been wondering how to get the best of the kids pocket money and show them what we were never taught,, ie how to make your money grow.

it seems that there are really nice interest rates with caveat that you have to be over 18… or must deposit every month at least $25.. so how do we start?

most parents will have a dollarmite account for their kids and that is ok, we have a st george dragon direct account attached to it so that the kids are gettingĀ  (as of this date) 6.25% pa now that is double what they are getting in the dollarmite account and they can see it growing online so bonus there. we will be looking around for more information and bringing it to you as we find it out and work out how to navagate the red tape so that you can do it more easily.. cool huh?

Cheers for now

Mel