Halifax Children's Regular Saver

Mikeyorks

Have they actually written to that effect?

I've seen it posted on these forums before that (unlike the 7% Reg Saver) the initial year interest rate is not continued with the Children's account .... but it's the usual story when you want to find something!

regularsaver1

I have seen it on the branches system - but i agree, had no letter or anything

Bisoy

We have also asked that on it's anniversary and branch staff said that it's still paying 10% on it's childrens regular saver. Both their accounts are still open and would still benefit with its 10%. As for their save 4 it account.....

I guess I have searched that YBS- One day children account instant access pays 5.10% AER which is a branch account and will pay interest twice a year June/December.Time to move forward.

Many thanks.

regularsaver1

I suppose it would mean you would still have the keep the save4its though ready for the regular saver funds for next year

Bisoy

Yes, that would not be problem I don't intend to close and withdraw all the money from their save 4it account as I still have their regular saver up and running. £10 on their save 4it account will do. I will still need to apply for it though so i'll keep posted.

regularsaver1

I'm just trying to think where there is a YBS near me

ReportInvestor

regularsaver1 wrote:

I'm just trying to think where there is a YBS near me

YBS branch finder

Bisoy

I have just applied YBS Children One day account for my 2 children. Although Halifax save 4it has upped their rate to 5.05% it isn't good enough. Their money will be going ybs but not closing it though. Good luck parents with young children.