We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
savings account for my daughter
johanna2
Posts: 3 Newbie
Hi,i have a svings account for my eight year old with the halifax,she has had it since birth,the rate is awfull,i wnat to open up a better one,but who do i go with,she has nearly 4 thousand pounds,thank you:)
0
Comments
-
Take a look at www.moneyfacts.co.uk.
Consider Cheltenham and Gloucester for an easy access branch account - 2%.
Perhaps stick with Halifax and see what you can gain from their Guaranteed Reserve account (3.5% fixed for 2 years) and their Kids Monthly Saver account (6%).
You don't state what rate you are currently getting. But 1.05% for a kids account is actually "ok" in today's world. Many banks and building societies pay less.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards