Newsweek

BEST SAVINGS ACCOUNT FOR TEENS

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▸ Teens need a safe space to tuck away birthday gifts or earnings from a first job so they can save for college, a car or other future aspiration­s. To help, accounts considered couldn’t require a high opening minimum deposit or charge monthly maintenanc­e fees. Our winning institutio­ns, additional­ly, pay far higher-than-average interest rates so teens reach their savings targets faster.

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