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Tried American Express which as a very competitive rate and a good customer service. Using a Roth IRA for college can be tricky because your money is commingled with retirement funds. This form of prepayment of college tuition can lead to large discounts on future costs, especially if inflation outpaces the rate of returns on your college savings accounts. Parents can save money for college as they best bank interest rates spend with college reward credit cards.

Paying for college early can offer some advantages. MoneyRates.com has listed some of the options that parents have for their college savings and where to look for the best college savings deals.

They give details about interest rate about various banks. A systematic savings plan and smart investment choices can make the dream of paying for college a reality.

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