Bank account for minor.

Do you have a query on how to get things done in Andalucia, where to find things, who to call? Find out by posting and hear about others experiences.
detourer
Resident
Posts: 619
Joined: Mon Jul 04, 2005 12:00 am
Location: Alhaurin el Grande

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"

User avatar
spanish_lad
Andalucia Guru
Posts: 6218
Joined: Fri Apr 15, 2005 10:13 pm
Location: Alhaurin el Grande since 99, cartama campo since 2022

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.

User avatar
gerryh
Andalucia Guru
Posts: 8046
Joined: Sat Jan 12, 2008 6:17 pm
Location: Cajiz, Malaga

Re: Bank account for minor.

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

Sabadell offers savings accounts.
Cheers
Gerry
Gerry Harris

User avatar
spanish_lad
Andalucia Guru
Posts: 6218
Joined: Fri Apr 15, 2005 10:13 pm
Location: Alhaurin el Grande since 99, cartama campo since 2022

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
Andalucia Guru
Posts: 3275
Joined: Sat Apr 07, 2012 11:49 am
Location: East of Malaga

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
Andalucia Guru
Posts: 7777
Joined: Fri Aug 14, 2009 11:02 am
Location: Bilbao Spain

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
Resident
Posts: 619
Joined: Mon Jul 04, 2005 12:00 am
Location: Alhaurin el Grande

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"


Who is online

Users browsing this forum: No registered users and 32 guests