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Best bank account 16-18 year old
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# 1
Starjumper0
Old 15-06-2012, 11:25 AM
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Smile Best bank account 16-18 year old

Hi,

My daughter is 16 and about to start an apprenticeship. She would like a bank account with a debit card and obviously no overdraft.

Any advice or info would be great

Thanks

Clare.
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# 2
BugsyBrowne
Old 15-06-2012, 1:27 PM
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Most banks will be suitable with past experience I would go with Barclays or lloyds & with Barclays she can personalise her debit card.
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# 3
xylophone
Old 15-06-2012, 1:45 PM
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http://www.money.co.uk/current-accou...-teenagers.htm
Lloyds or Bank of Scotland look the best bets?
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# 4
HeadAboveWater
Old 15-06-2012, 4:55 PM
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From researching this last week, I don't think any banks give 16-17 year olds overdrafts, even if they asked for one.
Wealth is what you're left with when all your money runs out

FD Target take 2: £3025/£3600
ebay sales 2014: £106.64
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# 5
BugsyBrowne
Old 15-06-2012, 5:13 PM
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Quote:
Originally Posted by kathy_virginvie View Post
From researching this last week, I don't think any banks give 16-17 year olds overdrafts, even if they asked for one.
It's because they don't you've got to be 18 years old but what's this got to do with the OP's question.
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# 6
HeadAboveWater
Old 15-06-2012, 5:21 PM
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Quote:
Originally Posted by BugsyBrowne View Post
...what's this got to do with the OP's question.
Huh? The OP asked for advice or help!!

I'm just saying no banks will give that age category an overdraft so that's something they don't have to fret about.
Wealth is what you're left with when all your money runs out

FD Target take 2: £3025/£3600
ebay sales 2014: £106.64
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# 7
just_trying_to_help
Old 15-06-2012, 7:36 PM
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I'd say the LTSB Under 19s account.

She'd get
  • a debit card
  • access to her money at any ATM, not just their own branches (apparently some of the young peoples accounts out there don't let you)
  • interest on credit balances ( at 2.5% its better than my savings account!)
  • to sign up to their mobile banking service where they can text through your balances etc (as most young people nowadays seem to live through their mobile)
hth
JTTH
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# 8
pingu
Old 15-06-2012, 8:09 PM
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try this
http://www.co-operativebank.co.uk/se...ts?WT.svl=copy
Honesty is the best policy doesn't matter which web site
you are on!

if i had known then what i know now!

a bargain is only a bargain if you really need it!
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# 9
Starjumper0
Old 26-06-2012, 10:42 AM
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Thanks for all replies
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