Need help w/bank account for kid...

[Chip]

So, my son tells me that he want to open a savings account just to save up to buy some things. He said he wanted one that was a mastercard type. He has $300 and more will come from b'day and such. My question is which kind and where in the northeast is the best place to open one... Btw, he is 16

[B-Line]

Tell him, I'll hold onto the money for him.. Banks get robbed.. But nobody robs B-line... And when he needs some scratch, he can come visit. Maybe do some chores around the place for a couple extra bucks.

B

[DINANM3]

Originally Posted by Chip

So, my son tells me that he want to open a savings account just to save up to buy some things. He said he wanted one that was a mastercard type. He has $300 and more will come from b'day and such. My question is which kind and where in the northeast is the best place to open one... Btw, he is 16

In North East try TD bank north. everything is free there. No fees for anything. And the minimum balance is like 25 dollars on savings accounts

[rebound]

I think most banks/credit unions offer a debit card/credit card for their accounts. We got one for my son when he went on a school trip. (He thought he was pretty cool bustin' out the plastic to pay for things...)