Children need to learn how to manage money before they start making much of it. A great way to teach children to save their money, is by opening a saving account just for them. is offering a new savings account for kids to help them learn to save money, and actually enjoy the process.
Kids Saving Account
When it comes to teaching kids how to save money, the old fashion piggy bank is a great way to start. The problem with piggy banks is, the kids have easy access to their money. By having an ING Direct online savings account, kids keep their money in the account and watch as their balance grows. Kids will enjoy seeing their money add up and will be able to more effectively save up for something they really want.
A bank account for kids is being offered through . This account will act strictly as a child’s saving account, but an adult or “grown up” is responsible for all of the deposits and withdrawals made from the child’s bank account. This kids savings account is easy for a child to use and currently offers . Compared to other savings account rates, this savings rate is competitive.
The ING Direct bank account for kids is FDIC insured, which means your children’s money will be protected. This kids bank account is offered with no fees and no minimum balance to maintain. Whatever money your child has available to put into their bank account is accepted. You as the grown up won’t have to worry about adding to their money to meet or keep a minimum balance.
Through the ING Direct Kids Savings Account, kids can have control of their own bank account and enjoy learning about money. ING Direct also offers a program for children called “Planet Orange,” which helps children learn about the importance of saving money and teaches them about different options, like investing. Planet Orange is an interactive way to help make your kids savings accounts an exciting new adventure.
Savings for Kids
When it comes to bank accounts for kids, it is never too early to start. Talk to your children about the importance of saving money and help them see that it can be fun. The ING Direct Kids Savings Account is easy to set up and will help keep your child’s money in the bank, instead of being spent on everything that looks fun. Visit to learn more or open an account today. Once at ING’s website, click “Banking” and then “Kid’s savings account”.