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Children's Savings A/c's V Regular Savings query
jjj321
Posts: 1 Newbie
I am struggling to work out which is the best option for my children's savings.
Is it best to take advantage of Fixed yearly rates e.g. Halifax 6%, but then can only save maximum of £1200?
Or is it better to put all the money into lower savings account e.g. Chorley 2.2%?
My two children have got a total of £7000 saved up from Child benefit.
Any advice gratefully appreciated.
Thank you.
Is it best to take advantage of Fixed yearly rates e.g. Halifax 6%, but then can only save maximum of £1200?
Or is it better to put all the money into lower savings account e.g. Chorley 2.2%?
My two children have got a total of £7000 saved up from Child benefit.
Any advice gratefully appreciated.
Thank you.
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