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new account for 16 year old?
knitnut
Posts: 746 Forumite
looking for advice please.
My 16 year old will be continuing in full time education in september and I believe he may be entitled to claim Education Maintenance Allowance. I would like to get him to save this. Are there any good accounts for this or are any banks / building societies offering incentives to children for opening accounts? We live in Northern Ireland?
Thanks anyone for advice please.
My 16 year old will be continuing in full time education in september and I believe he may be entitled to claim Education Maintenance Allowance. I would like to get him to save this. Are there any good accounts for this or are any banks / building societies offering incentives to children for opening accounts? We live in Northern Ireland?
Thanks anyone for advice please.
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Comments
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I don't think so. Most banks stopped giving big incentives to under 18s a while ago. Just figure out the most convenient bank and get their under 18s account.0
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