Open Savings Account For Child Pnc

What accounts should parents consider opening for their child and at what age.

Open savings account for child pnc.

While pnc bank offers a high yield savings account the bank s other savings accounts offer lower rates. If you want to be rewarded for consistent savings the citizens bank collegesaver account has a bonus you might consider. Savings accounts are also a great way to teach children about money. We may refuse or return any deposit amount causing the combined balance of all of your pnc accounts to exceed 5 000 000 including any jointly owned or in the case of an account owned by a living trust jointly managed accounts.

The pnc traditional standard savings account is another great way to teach children positive money management with auto savings tool and only 25 to open an account. If you open the account before your child is six and make a deposit of at least 25 each month until your child turns 18 citizens bank will give you a 1 000 bonus the current account apy is a low 0 01 you can also open this account if your child is between 6 and 12. In fact at pnc savings accounts for children under 18 are always free with no minimum balance requirement. And wealth strategist bryan tracy offer information that can help parents begin thinking about saving for their child no matter the age.

Thank you for choosing pnc bank. Try our traditional standard savings account. The best savings accounts for kids have great interest. It is an easy option to get started on saving for a goal like a car or a vacation.

Citizens at this time. Please call us at 1 800 762 5684 or visit one of our branches to apply. Kids bank account s is for savings a pnc bank account for your child. Pnc wealth management managing director joseph m.

At pnc savings accounts for children under 18 are always free with no minimum balance requirement. Opening a savings account for your kid is a great way to teach money management skills and start him or her on the way to financial success. Just 25 to open. As soon as possible.

With a s is for savings account you can open a bank account for your child and. 529 plan college savings plan. We also make it easy for parents to keep track of their child s account activity monitor balances and deposit money all with the click of a mouse. Pnc s s is for savings account helps young children learn financial basics through an interactive online experience with tips from sesame street with this account you can help your child learn about and begin to use money as you save share and spend together.