Enrolling my child for the school caisse
A sure way to encourage financial independence.
Features of a school caisse account
No minimum deposit
Interest rate higher than that of a regular account
Interest calculated daily and paid monthly
Child is the account holder in charge of the account (unless otherwise specified by the parents)
No service charges
Deposits made at school (or at the caisse)
Withdrawals made only at a Desjardins caisse
Transaction follow-up
No cheques