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  • FIRST POST
    • Frith
    • By Frith 18th Apr 17, 7:46 PM
    • 4,130Posts
    • 38,590Thanks
    Frith
    Good teenage investment account
    • #1
    • 18th Apr 17, 7:46 PM
    Good teenage investment account 18th Apr 17 at 7:46 PM
    I've been using the Halifax 6% saver account for my older son, paying in £100 a month for just over 2 years.


    At the end of each year, the money is "syphoned" off and goes into a normal Halifax account (very low interest).


    With just over £2000 in the "normal" account, does anyone have any suggestions where I could move it to with a better interest rate?


    Son is 16 now so it would only need to be for another 1.5 years.


    Thank you.
    Odd fact: the inventor of nominative determinism was called Trevor Nominative - Determinism. :-)
Page 1
    • Frith
    • By Frith 18th Apr 17, 7:50 PM
    • 4,130 Posts
    • 38,590 Thanks
    Frith
    • #2
    • 18th Apr 17, 7:50 PM
    • #2
    • 18th Apr 17, 7:50 PM
    In addition, I have just read (had no idea!) that the old Child Trust Funds can now be moved. My younger son has one (about £1000 in, if I remember right) so I also need to find somewhere better to put his money.
    Odd fact: the inventor of nominative determinism was called Trevor Nominative - Determinism. :-)
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