Do you want to help your child or grandchild get a good start in adult life? With a child savings account at Grønlandsbanken, you can lay the foundation for a secure financial future. A child savings account can be used for everything from travel and driving licenses to deposits on the first home or financial assistance for student life. As a parent, grandparent, great-grandparent, or guardian, you can open one child savings account per child.
Both interest and returns are tax-free
There is no maximum limit on how much you can deposit into the account each year. Both interest and returns are tax-free on a children's savings account, making it a great way to save for your child. The child can access the funds when they turn 18.
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Get a favorable interest rate on your savings.
How to teach your child about money
Good money habits are part of the foundation for children and young people to live the life they dream of later in life. Here you will find a number of good tips on how you can teach your child about money.