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  1. Birth certificate. Social Security card. Immunization records. School photo ID. Passport. Driver’s license. Some financial institutions will let you open the account online and upload the documents. And some require the parent to have an existing account before opening one for a child. Article continues below.

  2. Set up a pocket money card online for your child here. Adapt Current Account. You can open a child’s current account online today. If your child is aged 11 – 15, you will need you to open the account for them. If they are ages 16 – 17 they can open the current account online themselves. Open a kids current account now. Junior ISA

  3. Your child can keep this account until the age of 23 and pay no monthly fee. Plus, they can earn interest on every dollar 1. Opening a TD bank account for your child is as simple as walking into a TD branch near you. Generally, you will need to provide two forms of government issued ID such as: The child's passport. The child's birth certificate.

  4. 04. Nedbank Unlocked.Me Account. Age: 16 to 25 years old. Annual interest rate: Nedbank Unlocked.Me account offers 0% interest, howevver when you open this account you’ll get a free ‘MyPocket’ account that offers 3% interest rate on balances below R10,000 and 2% interest on balances above R10,000. Open account fee: R0.

  5. Enter an "amount" and "category". Tap "Next" and "Looks good". On the account overview tap on "Save" to see your total saved. Tap on "+ Savings goal" to start saving for something. Enter a "Goal name" and a "Goal amount" then tap "Next". Tap "Transfer money" to move money to your goal. Tap "Earn" to see chores and allowances setup by your parent.

  6. 2 days ago · Best Overall: Capital One’s Kids Savings Account. Best for Young Children: USAlliance Financial’s MyLife Savings for Kids. Best for Teens: Alliant Credit Union’s Kids Savings Account. Best ...

  7. Feb 2, 2023 · One great place to open an online savings account is with SoFi Checking and Savings. Members with direct deposit can earn a competitive APY and pay no monthly account fees. So your money can really get growing. Better banking is here with SoFi, NerdWallet’s 2024 winner for Best Checking Account Overall.

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