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Whats the best Bank account for my 17 yr old Daughter?

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  • rb10
    rb10 Posts: 6,334 Forumite
    The Bank of Mum has no daily cash withdrawal limit, comes with an interest-free overdraft which can be automatically converted into a perpetual loan at 0% APR and requires no signature to open.

    For a limited period, roughly till an applicant's 21st birthday or so, every account opener gets a free set of car keys and the number of a local taxi firm remarkably similar to their home phone telephone.

    There are no complicated forms to fill in and acceptance is guaranteed immediately.

    The only difficulty is that for some reason, EMA refuse to accept the Bank of Mum.
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