It’s important to have financial plan for baby because there’re a lot of expenses to pay while the baby is growing up. Mother has to manage budget properly for the future. However, we should select the safe and reasonable one by with Happy Mom.Life. We have 5 types of financial accounts to suggest mother to choose.

Siam Commercial Bank 

Smart Kid 24 months for Long-term saving account, the account for baby saving with minimum deposit of 1,000 Baht per month. Baby or kid is not more than 15 years old and must open smart kid bank account at the same time.

• 24 months of saving
• 1.70 of deposit
• Maximum of money saving is not more than 25,000 Baht

Mom is able to continuously save money with the same bank account even Smart Kid package turns to 24 months. However, SCB will transfer both capital and interest to the account automatically. The mothers don’t worry about closing and opening bank account every expired date, and not to pay interest taxes from revenue department.

Bank of Ayudhya

Money saving for baby without taxes - Save money for your beloved person with monthly fixed deposit without taxes for those who are not more than 19 years old. A Customer can open 1 account only with minimum rate of 1,000 Baht.

• For 24 months of saving, deposit is not more than 25,000 Baht per month with 1.90 of interest rate.
• For 36 months of saving, deposit is not more than 16,000 Baht per month with 2.20 of rate interest.

Bank of Agriculture and Agricultural Cooperatives

Baby saving for education and financial plan, start opening for baby saving account who is not more than 15 years old only 1,000 Baht for the first time and every month within 5 years, and the mother will get interest and scholarship every year.

Get 3 steps of bonus!

1st Step: Get 1.50% of interest per year

2nd Step: Get 3,600 Baht for free

• Get 500 Baht for 1 year continuous deposit
• Get 600 baht for 2 year continuous deposit
• Get 700 baht for 3 year continuous deposit
• Get 800 baht for 4 year continuous deposit
• Get 1,000 baht for 5 year continuous deposit

3rd step: On every 14th February, get a scholarship lucky draw for beloved baby.

Bualuang Bank

Mattayasap Tawee- Bualuang saving account - No matter what is your baby’s imagination, you will support him by Bualuang saving account. Kid has his own dream and ability to do that waiting for parents supporting. Your kid will be a pilot, CEO, musician and etc. Every imagination, every dream is possible if you open Bualuang saving account to create the great future and to teach them how to save since they’re kids.

• Be able to save since the first day of until 14 years old
• Have the same deposit every month starting from 500-25,000 Baht in 2 years
• Get higher interest
• For 24 saving months, rate of interest is 2.25%
• Do not pay income tax when saving is exactly accurate to the regulations

(Standing Order Service) Easy access through various branch and cash automatically machine, Bualuang application, Bualuang Banking, M Banking or standing order service.

Credit image: Pinterest

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