We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
New savings account
Options
metfan46
Posts: 3 Newbie
Hello everyone 
New here.
Quick question. I'm 17 years old, and currently have a cardcash account with Halifax. Can I open a savings account even though I'm not yet 18? And if so, which one would you recommend? I'm new to all this, and getting confused by all the different percentages flying round
Thanks
New here.Quick question. I'm 17 years old, and currently have a cardcash account with Halifax. Can I open a savings account even though I'm not yet 18? And if so, which one would you recommend? I'm new to all this, and getting confused by all the different percentages flying round
Thanks
0
Comments
-
Hello and welcome.
I would start early and get your ISA allowance in! You can open a cash ISA at 16.
Do you have a lump sump to invest or looking to add to it regularly?
I'd go for an easy access ISA something like this:
http://www.firstdirect.com/savings/cash-eisa-overview.shtml
Aim for 2.5% + on an easy access ISA.
You'll need to keep transferring to get the best deal.0 -
Thanks for the reply!
So cash ISA it is then! I am looking to add to it monthly.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards