Comments on: How much money should I save until I start a banking account? http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/ Thu, 17 May 2012 20:27:03 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Ret. Sgt. http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/comment-page-1/#comment-130 Ret. Sgt. Sat, 24 Jan 2009 16:16:31 +0000 http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/#comment-130 You can open an account with as little as 25 dollars. You will get interest but standard savings account pay poorly. I'd say they pay about or less than 1 percent. You can get up to 3 percent but that is with CD's or ING Direct Orange. CD's require about a thousand bucks to open and ING direct requires 250.00 but I doubt either will allow you to open it on your own due to your age. Starting any savings account is a smart thing to do as long as you can keep from taking the money out. You can open an account with as little as 25 dollars. You will get interest but standard savings account pay poorly. I’d say they pay about or less than 1 percent. You can get up to 3 percent but that is with CD’s or ING Direct Orange. CD’s require about a thousand bucks to open and ING direct requires 250.00 but I doubt either will allow you to open it on your own due to your age.

Starting any savings account is a smart thing to do as long as you can keep from taking the money out.

]]> By: Antonia R http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/comment-page-1/#comment-129 Antonia R Wed, 21 Jan 2009 11:17:51 +0000 http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/#comment-129 I AM 13 AND HAVE THE HIGH SCHOOL CHECKING ACCOUNT WITH CHASE. THE MINIMUM TO OPEN WITH THEM IS $25. LOOK INTO IT. Many students will discover the importance of managing their money when they open their first checking account. Chase offers a uniquely designed checking account to help students in high school learn the value of financial responsibility. High School Checking is a full-service checking account available to students between ages 13 and 17. This account is owned by the student jointly with a parent or guardian, provided that the parent or guardian maintains a separate qualifying linked checking account. ... I AM 13 AND HAVE THE HIGH SCHOOL CHECKING ACCOUNT WITH CHASE.

THE MINIMUM TO OPEN WITH THEM IS $25.

LOOK INTO IT.

Many students will discover the importance of managing their money when they open their first checking account. Chase offers a uniquely designed checking account to help students in high school learn the value of financial responsibility.

High School Checking is a full-service checking account available to students between ages 13 and 17. This account is owned by the student jointly with a parent or guardian, provided that the parent or guardian maintains a separate qualifying linked checking account.
…

]]> By: Puffy Nubs http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/comment-page-1/#comment-128 Puffy Nubs Mon, 19 Jan 2009 11:37:28 +0000 http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/#comment-128 Suntrust and Wachovia both have incentives for opening accounts! Check them out! Suntrust and Wachovia both have incentives for opening accounts! Check them out!

]]> By: cinnea http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/comment-page-1/#comment-127 cinnea Sun, 18 Jan 2009 12:44:58 +0000 http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/#comment-127 Usually banks ask for an opening deposit of at least $100. Some banks may charge a fee if you savings account falls under a minimum level. Yes, you earn interest, though it isn't very much, but it will depend on your bank. You will need your parents with you to open an account. Usually banks ask for an opening deposit of at least $100. Some banks may charge a fee if you savings account falls under a minimum level. Yes, you earn interest, though it isn’t very much, but it will depend on your bank. You will need your parents with you to open an account.

]]> By: Sharon T http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/comment-page-1/#comment-126 Sharon T Sat, 17 Jan 2009 08:48:45 +0000 http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/#comment-126 Check out a couple of banks near your home. If there is a credit union, check with them and see if you qualify for membership. Many places a minor can open an account for $50. It may be higher but most banks will give a youngster a break, knowing they may stay a customer for years. Yes, you will get interest but it may not be a very high rate. Ask the banks about that. You may be able to find some information at their websites but you can also call. Check out a couple of banks near your home. If there is a credit union, check with them and see if you qualify for membership.

Many places a minor can open an account for $50. It may be higher but most banks will give a youngster a break, knowing they may stay a customer for years.

Yes, you will get interest but it may not be a very high rate. Ask the banks about that. You may be able to find some information at their websites but you can also call.

]]> By: maggie http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/comment-page-1/#comment-125 maggie Fri, 16 Jan 2009 19:51:10 +0000 http://www.secretfinance.com/blog/how-much-money-should-i-save-until-i-start-a-banking-account/#comment-125 You should open it with at least 100.00 that is what is required by most places and on a savings account it a little interest usually i think around 3% talk to the bank when you go to do it and they will tell you gladly You should open it with at least 100.00 that is what is required by most places and on a savings account it a little interest usually i think around 3% talk to the bank when you go to do it and they will tell you gladly

]]>