Best kids savings account?

[~TT40~]

Thanks for pointing that put, Spock has a dolomite (or whatever it is called now) with cba. It isher name but we have authority on it (so I can net bank it too). She currently has more money in it than dh and input together thanks to bil collecting all his coins over the year and giving them to her. I never declared her interest or anything on our tax returns, cause as we see it that is her money. I'll have to sus it out properly to see where we stand. Thanks!

[BlackCat]

Ours are with a high interest account with our bank. Just because its easier to transfer as needed. I did at one stage have it in a term deposit, however once it matured just left it in the account as the interest rate at that stage was comparable anyway plus I had access to the funds. Although its their savings, its also money to be used for their education first and foremost. Interest has always been declared on my tax but thus far has made very little impact in that regard. They have more money saved than I do lol