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Current accounts for under 18's
jefftlee
Posts: 2 Newbie
Which bank is the best to use for opening an account for under 18's still in full time education for depositing monthly pocket money of around £100 a month and which allows easy access and possible internet banking and bank card for accessing money?
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Comments
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Well I know NatWest do all the above, but I'm sure they're not the only ones, nor even likely to be the best ...Signature removed for peace of mind0
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ive always been with the halifax i joined at 14 and theyve always been good:T The best things in life are FREE! :T0
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Natwest are the best for services for under 18's because you get the solo card. If you're lucky enough to be depositing £100 a month, then look for somewhere with higher interest as a savings account to back up the Natwest one as a spending account.0
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I believe HSBC offer a solo card - well I had an account when I was 16 with them and it had a Solo card, cheque book etc etc.Initial Mortgage January 2024 - £160,000
Initial Mortgage free date - January 2058
Mortgage as of 1st February 2024 - £159,134.98
Overpayments to date - £79.62
Current Mortgage free date - January 20580 -
When i was in school I ahd the HSBC "lice cash" account which was very good and as above you got a Solo card, Cheque Book, and paying in book and you also got freebies and discount card to get 10% off in the shops but not sure if they still offer the extra stuff. I am still with the HSBC as well and I get a great service from them and would only move if the service became !!!!!!0
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HSBC offer an appalling 0.1% interest (if I read their site correctly). Natwest is around 4%, but there are higher out there0
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