<prompt> Human: So a local credit union is offering a High Yield Kids Savings Account, the terms are... Earns 6.99 APY on balances up to 500 For kids of any age, up to 17 No monthly fee or balance requirement Only 5 to openSo from 0.01 - 500 it earns APY of 6.99 and 500 it only gets .10Currently I have my 3 kids savings accounts in Capital One 360 which i think the current APY is .70, to take advantage of the 6.99 incentive i should create 3 new accounts and only put in 500 into each right? Any thoughts or comments?  <response>: 500 .0699 34.95yearJust keep this in mind with all the time youre spending thinking about it. 