Bank account for minor.

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detourer
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Bank account for minor.

Postby detourer » Sun Nov 22, 2020 6:07 pm

What, if any, is the best bank for opening a savings account for a minor [3year old]
Go to the grave in an attractive and well preserved body? Rather skid in sideways, women on each arm, champagne and credit card in each hand, body thoroughly used, abused, totally worn out and screaming …."WOO HOO, WHAT A RIDE"

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spanish_lad
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Re: Bank account for minor.

Postby spanish_lad » Tue Nov 24, 2020 10:36 am

hey fella, i´ve never seen any "savings accounts" here in spain - i asked recently about it myself, and everyone recomended that i just open a normal account.

obviously he wouldnt be able to sign so you´d have to do it in your own name ?
Alhaurin el Grande since ´99, working at the airport since 2011.

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gerryh
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Re: Bank account for minor.

Postby gerryh » Tue Nov 24, 2020 10:51 am

Sabadell offers savings accounts.
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spanish_lad
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Re: Bank account for minor.

Postby spanish_lad » Tue Nov 24, 2020 12:14 pm

i found this list for "accounts for young people"

https://www.helpmycash.com/cuentas/cuentas-para-ninos/

some go from 0 yrs old, so are obviously "intended" as savings accounts, but dont actually "say" savings on there ?
Alhaurin el Grande since ´99, working at the airport since 2011.

elusive
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Re: Bank acscount for minor.

Postby elusive » Tue Nov 24, 2020 1:56 pm

I wouldnt bother with the intrest you get on them. From what ive seen when trying to open them years ago most banks wont just open a savings account. You have to have a current account with them first,pay in money and pay fees.

markwilding
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Re: Bank account for minor.

Postby markwilding » Tue Nov 24, 2020 5:47 pm

Are you sure? My son has never paid a fee in his life.
Try your local Caja de ahorros.

detourer
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Re: Bank account for minor.

Postby detourer » Wed Nov 25, 2020 12:30 pm

Thanks for all that info.............. Interest [lol] was not the main feature I was looking for just yet. The lucky chap has a very generous Grandparent and future inheritance, so I was/am looking for somewhere in his own name ................... No personal offers thanks Haha.
Go to the grave in an attractive and well preserved body? Rather skid in sideways, women on each arm, champagne and credit card in each hand, body thoroughly used, abused, totally worn out and screaming …."WOO HOO, WHAT A RIDE"


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