Tony Armstrong leads the banking team at NerdWallet. He has covered personal finance for over a decade. Tony began his NerdWallet career as a writer and worked his way up to editor and then to head of ...

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The Alliant Kids Savings Account requires an initial deposit of $5, which the credit union will cover for you. The account pays 3.10% APY, but it earns no interest if the daily balance falls below ...

Having a savings account as a teenager can help young people get into the habit of saving money. Even if an account is opened with a very small amount, your teen’s money can grow as they add ...