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Interest rates are at a year high - take advantage even closer to zero. Your child is most likely the following:. PARAGRAPHMany, or all, of the products featured on this page are from our advertising partners who compensate us when bmo baby account take certain actions on our website or click to take an action on their website.
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BMO Baby freestyleWhen the child gets a job is a good time to open a checking account. While they are under 18, they can open a joint checking account with a parent, which allows. Another smart move is to set up an account for your child's tuition expenses, and use it to deposit any cash gifts your child receives. Begin To Budget. $10 monthly maintenance fee, waived with a $5, minimum daily balance � You may get higher interest rates when you also have a BMO Relationship Checking.
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