Best place to park kid's money?
My 6 year old is getting $2k from great grandma. Where is the best zero risk and less than 1year locked place to park this for a while?
From searching this forum i found eqbank.ca which seems to have a 2% savings account. I can't seem to find a GIC anywhere that is higher than that. There are a couple 5year gics at 2.25% but i want to keep this liquid.
So is eqbank the best idea right now?
From searching this forum i found eqbank.ca which seems to have a 2% savings account. I can't seem to find a GIC anywhere that is higher than that. There are a couple 5year gics at 2.25% but i want to keep this liquid.
So is eqbank the best idea right now?