Wich account is it that gets interest are what are the terms in order to receive interest?
I also would like to know the terms and details of a long term account that collects interest for a certain amount of time until you have to take it out.
I am in need of money and wish to start early for my little girl, right now I'm doing okay enough with what I have but for a later time I would like to be able to pay for my daughter to go on field trips and to have nice toys and things like that and I don't want to ask my grandmother for all of that, I'm curently searching for a job as well but I would like to try and make money through interest as well if I can.

This varies greatly from bank to bank and country to country.
More information would be helpful to assist you with this.

I already have a students saving account with bank of america and I live in long beach California if that helps, I appreciate you trying to help I really do wish to learn more about this so I can get a good start for my baby girl, she's almost 17 months old