Best bank/savings account for a newborn

dantheman2010

Hi all,

I was just wondering if there are any particular banks or building societies that offer a good bank/savings account for new born babies that any of you may have used?

I will be looking to put a small sum in straight away and then a small monthly standing order in to it for her.

I looked at Natwest, my bank, but seems the youngest age is about 6 years - perhaps I didnt look hard enough.

If any of you have a savings account for your baby please let me know your thoughts.

Thank you.

Mikhail

I know only this one: http://www.hsbc.co.uk/1/2/personal/savings/children

p00hsticks

Northern rock 'little rock' pays 3.00% AER at the moment.

http://www.northernrock.co.uk/savings/Find/Results/Childrens-Accounts?utm_source=Google&utm_medium=CPC&utm_campaign=brandsav

pinkdalek

Halifax Children's Regular Saver - 6%

http://www.halifax.co.uk/savings/accounts/childrens-savings/childrens-regular-saver/

opinions4u

Mikhail wrote: »

I know only this one: http://www.hsbc.co.uk/1/2/personal/savings/children

That would be the "High Interest Savings Account For Children".

It paid 0.50% last time I checked.

The Northern Rock / Halifax examples above are a good starting point.

Waiting to see what happens with Junior ISA is another thought - should know in 3 months.

lou-28_2

I opened Halifax Savers for my two children when they were babies.