Last week, we took a day's leave to open a junior savings account for the boys. Previously, we opened a junior savings account for Kenzie boy in CRAP Bank, out of convenience as this CRAP bank is very near to my place, and I also have a saving's account in this CRAP Bank. So when I do (and check) my transactions online, I can also monitor the money in Kenzie boy's account, that was why we opened a junior saving's account in this CRAP Bank previously.
But what did not occur to my mind that time was the interest rate. I did not do my research. I did not check. I did not ask around. I was not aware.
One fine day, while I was checking my salary online, a colleague accidentally passed by my place and saw Kenzie boy's junior savings account (because his account will be under my own savings account). He was surprised I opened a junior savings account with this CRAP Bank. He then explained everything and talked me into opening another junior savings account with another bank, with better benefits and interest rates. The interest for this bank is equivalent to FD's interest rate, payable monthly (pro-rated) and withdrawal once a month is permitted.
So that day, we withdrew the money from this CRAP Bank, and went straight to the other bank to open a junior savings account for the boys. Interest rate would be payable monthly on the 15th (pro-rated) and we can withdraw from the bank once a month. Of course we have no intention to withdraw any money, and it is meant to be kept in the bank until the boys turn 18. After they turn 18, the junior savings account will be automatically converted to normal savings account, with normal interest.
I am thinking, is there anyone who makes use of their children's junior account to put their savings? The interest rate is equivalent to FD's, plus you can withdraw every month. Planning to transfer my monthly savings using one of the boy's account.
Is it a yay or nay?
*To some, I may look like a jakun who doesn't know anything. I admit that. But seriously, should my colleague had not peeped at my desktop the other day and saw Kenzie boy's junior account in my CRAP Bank, I will NEVER know (and will never be bothered to find out) about top banks which offer good interest rates for junior savings accounts.
*To some, I may look like a jakun who doesn't know anything. I admit that. But seriously, should my colleague had not peeped at my desktop the other day and saw Kenzie boy's junior account in my CRAP Bank, I will NEVER know (and will never be bothered to find out) about top banks which offer good interest rates for junior savings accounts.
Ok, enough about banks and junior savings account. After we had done our banking (which already took half of the day with the waiting and all), we went to have our lunch at Sakae Sushi. I had the chicken teriyaki ramen, and the hubs had beef ramen.
We also ordered a (I think) salmon cheese maki and there were also a few plates of sushi which we took from the conveyor. Overall, we enjoyed our meal very much and we ate in peace without the kids around *wink*
Just for my record, for dinner that day, we were too full to eat anything else, but I still whipped up something because Kenzie boy still needs to eat his rice (with something gravy) for dinner. I dug my fridge and saw some frozen dory and sausages. So I made: Cream sauce dory with sausages, onions and bell peppers.
*I know dory is not something good, but I still buy and cook it occasionally. Don't ask why.
*I know dory is not something good, but I still buy and cook it occasionally. Don't ask why.
I used evaporated milk to make the sauce instead of whipping cream because it is cheaper. Straight forward and end of story.