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High yield interest account for young ones?


does anyone know a bank or online bank that offers high yield interest accounts or high yield money market accounts in which young people, teenager age, can open an account.

You can find a number of high-yield online accounts on www.bankrate.com.
They are a reliable source.

Online accounts are going to offer the highest yields - and they are very liquid. However, you will usually need to have a checking account at a regular bank - athough this seems to be changing now.

I personally use ING Direct and get 4.5%.

This link should take you there and give you $25 if you put in $250 to begin with: http://home.ingdirect.com/promo/promo_se... If it doesn't work, I might be able to email you a link if you message me? That would be an immediate 10% return on your investment. In any case, use INGdirect.com or go to bankrate.com to find others.

Oh, just found on ING "the account must be opened by an adult as the joint account holder. The adult must have a checking account." good luck!

www.bankrate.com has a search engine for savings accounts.

HSBC is offering 6% to 5.5% for online savings accounts.

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