Junior Wizard Savings Accounts were accounts run by Gringotts Wizarding Bank that pay interest but could not be used directly. These accounts let underage wizards set aside a portion of their liquid assets while earning a monetary return. They could be set up from just one Sickle. Savings were free of the Hexing Tax of up to three-thousand Galleons each tax year.[1] There were ads for these Junior Wizards Savings Accounts on the Daily Prophet in the mid-1990s, with text in small print warning ab