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Which Bank Account for My Under 16 Year Old?
Windsinger
Posts: 1 Newbie
Hi All, am new to this and apologise if this question has already been raised and answered! My (nearly) 15 year old daughter has a job and would like to open a bank account. Are there any 'deals' on ie money back offers etc, or pitfalls we need to be aware of? Any info would be greatly appreciated!
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Comments
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There's a couple, you just have to look around, see which one best suites your daughter's needs.
Couple of examples:
Lloyds TSB - Under 19s account. Decent rate of interest (2.5% AER) and a Visa Debit card.
NatWest - Adapt account. Pays 1.5% AER and comes with a customisable debit card.Anything I post is my opinion, so from time to time I may be wrong. I try to provide answers based in fact, however I don't know everything, so (like all posters on MSE), take what I say with a pinch of salt.0
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