Kids Bank Account

Tra77

Hi all, just wondering if anyone can recommend or point me in the right direction for info. on best bank accounts for kids.
My Son is 13 and needing an account to pay his paper round earnings into. Ideally one that comes with an ATM/Debit card and maybe a linked 'savings' account.
My eldest Son (17) currently banks with HSBC which offers all the above but just wondering if there's anything else better on the market recommended?
Many thanks!!

stclair

I would personally recommend this account from Lloyds TSB

http://www.lloydstsb.com/current_accounts/under_19s_account.asp

http://www.lloydstsb.com/media/lloydstsb2004/pdfs/under19s_11_to_15_welcome_pack.pdf

trulys

How about the Santander 11 to 15 Current Account - it pays 3% so long as you pay in each month, debit or cash card, and no overdraft, so you can't spend what you don't have! Sounds quite good to me.

yarora

trulys wrote: »

How about the Santander 11 to 15 Current Account- it pays 3% so long as you pay in each month, debit or cash card, and no overdraft, so you can't spend what you don't have! Sounds quite good to me.

Only upto £500, is the rate that much.
I'd personally say NatWests Adapt Account, all the features, debit card, 1% interest, thought it is nice to see the pennies rolling in, and opening it and maintaining it is a doddle, since I'm under 18, I've always had that "extra" bit of care from NW...but I also have a HSBC Account, as the signature suggests, I guess your on about the MyMoney package, so both are good choices :money::j