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Get a bank account for kids with the Macquarie Cash XL savings account
Monday December 1, 2008
If you want to get a head start on your child's financial future or to cover expenses they may have down the track, such as education expenses. Having a savings account that is set up while your children are young can help you cover these costs.
Many people realise that having a savings account with a high interest rate can be very beneficial as a high interest rate will generate extra money. Interest rates can fluctuate from time to time, but many banks offer very competitive interest rates.
Macquarie offers a savings account that comes with a high variable interest rate, the Macquarie Cash XL.
The Macquarie Cash XL savings account currently offers a high variable rate of 6.25%p.a. The Macquarie Cash XL savings account additionally features:
- No minimum opening amount.
- No ongoing balance required.
- Interested calculated daily and paid monthly.
- Unlimited free transactions to a linked account.
- No establishment fee.
- No transaction fees.
Start saving for your children's financial future with a Macquarie Cash XL savings account and apply online today.
Compare savings accounts and bank accounts.
