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Best savings account for new baby?
SPL
Posts: 268 Forumite
Any suggestions for the best one? We would require the option to withdraw funds with no notice.
Any help would be greatly appreciated.
Cheers!
Any help would be greatly appreciated.
Cheers!
0
Comments
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As a parent you are fairly limited on how much you can save for a baby before the interest starts being taxed.
Why do you need instant access?
Suggest you look at a cash ISA if you do need short term access.
If you are investing to generate a lump sum at 18 to fund university/ first car/ first house etc, you are much better off looking at a stock market investment to generate bigger returns over the longer term.
R.Smile
, it makes people wonder what you have been up to.0
there still could be difference if you open children's account. Just search this board for 'children'. This discussion has been closed.
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