What is the best saving bank account for minors?

[Juggi_Lal]

Hi, I wanted to know what is best savings account for minors (under 18)

 

[shashank08]

Was the debit card in child's name?

Idfc provides DC in child's name irrespective of the age..
I have for my kid who is 2 yrs old.

 

[Rishabh]

Was the debit card in child's name?

Yes on child's name.

 

[ontherocks]

Hmmmm I got platinum debit card for minors nw waiting for wealth kit for minors

Did you receive the Wealth kit for your minor? Was it sent automatically or you had to raise a request?
Somewhere in this forum I read that Wealth kit is sent automatically only for the primary account holder, for others one needs to place a request explicitly.

 

[jack333]

I had opened minor account with IDFC for my 6 months old child 4 years ago via RM who came to home for account opening process.
Took just 2 days to get account activated and received minor's debit card within a week which was issued by default.

Later our accounts got automatically upgraded to Wealth and received new Wealth debit cards for both me and minor account.

So far good experience with IDFC for minor account, only limitation is Minor's Debit card cant be managed online, so any limit modifications etc. need to be done via branch via hand-written application. Pin can be set via IVR Call.
I guess this is standard rule across all banks regarding Debit card not available online to manage until child attains 10 year above age.

So minor wealth dc also giving points? Did you try changing to different mob no and email id other than in guardian account? @Rishabh @shashank08