What's the best bank that offers savings and insurance for kids?

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Metrobank for us BDO Kiddie Savers Club Open to children ages 0 to 12 years old Kids who are 7-12 years old may choose to get a personalized Junior Savers ATM Debit Card Required initial deposit – Php100 only Minimum maintaining balance – Php100 only Balance to earn interest (0.25% p.a.) is Php2,000 When the child is more than 12 years old, the account will be converted to a regular savings account. Metrobank Fun Savers Club Open to children under 18 years old (can be 0 years old) It comes with an additional free education trust benefit worth Php50,000 and personal accident insurance when a minimum average daily balance of Php4,000 is met. Initial deposit requirement – P100 only Minimum maintaining balance – P500 only Exclusive discounts and privileges from partner establishmentsAlso available in dollar currencyA welcome gift upon account opening No ATM option (only passbook)Balance to earn interest (0.25%) is relatively higher than others at Php4,000 BPI / BPI Family Jumpstart Savings Required initial deposit – Php100 only Maintaining average daily balance – Php500 for BPI Family account and Php1,000 for BPI account Balance to earn interest (BPI : 0.25% p.a. BPI Family 0.50% p.a. ) – Php1,000 for BPI Family account and Php2,000 for BPI account Guaranteed Savings feature that protects a portion of the funds from unplanned withdrawals Allowance Transfer Facility that ensures a child’s allowance gets credited to his/her Jumpstart Account on a scheduled basis. Allows transfers via cellphonePrivileges from partner merchant Children ages 10 to 17 years old are the only ones eligible for this account PS Bank Kiddie and Teen Savers It has savings account for children ages 0 to 12 years old (kiddie savings) and teens ages 12 to 18 years old. No minimum initial deposit requirement. You can start with any amount. No minimum maintaining balance so you’ll be safe from extra charges from falling below a certain balance. Balance to earn interest (0.25% p.a.) – Php2,000 Free Personal Accident Insurance equivalent to five times the monthly average daily balance Comes with Passbook and ATM for non-ITF (In-Trust-For) accounts ITF accounts will not be issued an ATM card Equicom Kiddie Builders Savings Account Open to children under 13 years old Required initial deposit – Php500 only Minimum maintaining balance – Php500 only Higher interest rate of 1.00% p.a. for at least Php1,000 balance Account holders automatically become members of Kiddie Care Club where kids will get perks along with their clubmates Free dental and medical benefits from Maxicare if an average daily balance is at least Php15,000 Only allows three maximum over-the-counter withdrawals every month RCBC Wise Savings Account Children ages 0 to 21 years old are eligible to open this account Required initial deposit – Php100 only Maintaining average daily balance – Php500 Higher interest of 0.5% interest a year, beginning with Php5,000 average daily balance Account holder and his parent/guardian are entitled to a free personal accident insurance upon opening initial deposit of at least P1,000 valid for a year Has passbook or ATM options Discounts from partner merchants Maybank Yippie Savings Account For children 0 to 12 years old Minimum balance to keep the account active – Php500 Comes with free personal accident insurance equal to five times the previous month’s average daily balance up to Php500,000 Comes with free medical reimbursement benefit equal to 10% of personal accident insurance coverage Comes with passbook and ATM (accessible in Malaysia, Singapore, Cambodia and Brunei free of charge) Sterling Bank of Asia – Neo Savings Account For children ages 19 years old and younger No minimum initial deposit requirement. You can start with any amount No minimum maintaining balance so you’ll be safe from extra charges and fees from falling below a certain balance Relatively higher interest of 0.375% interest p.a. beginning at P2,000 average daily balance Comes with passbook and a Visa debit card

Magbasa pa

isuggest prulife uk po mommy meron cla 1k for baby,.. pede nyo po iapply ng educational plan pero flexible po iyon hindi lang for education.. & kung hinahanap nyo po c baby ng insurance, mas maganda po mommy na pati po kayo meron din insurance..🙂

There are different banks that offer similar programs, but I personally prefer BPI's Jump Start for kids 10-17 years old because it's a good way to let them start the value of saving with the perk of allowance card :)