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Reply to "Gifted $10,000 toward home down payment"
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[quote=Anonymous]If you have kids, we discovered that some banks offer custodial minor accounts with much better interest rates than conventional savings accounts. For a short term place to plunk money it's a decent option. For example, at Virginia Commerce Bank they'll give 2.47% on amounts up to $10,000. A one year CD only gives 0.2%[/quote]
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