Best account for 16yr old

LS15

Daughter is now 16, looking for best account current and saving for her. Currently has TSB young saver but now needs to change accounts.

Fruit_and_Nut_Case

LS15 wrote: »

Daughter is now 16, looking for best account current and saving for her. Currently has TSB young saver but now needs to change accounts.

The TSB Classic Plus is good if she can pay in £500 per month. (Doesn't have to stay in!)

EDIT: Ignore this. See colsten's post below.

colsten

Fruit_and_Nut_Case wrote: »

The TSB Classic Plus is good if she can pay in £500 per month. (Doesn't have to stay in!)

It isn't good as she isn't 18 yet and the min age for this account is 18
http://www.tsb.co.uk/media/tsb/pdfs/plus_terms_and_conditions.pdf

May be a JISA with Halifax would work? http://www.halifax.co.uk/isas/cash-isas/junior-cash-isa/

And/or a Santander 123 mini? http://www.santander.co.uk/uk/current-accounts/123-mini-accounts/123-mini-current-account

Fruit_and_Nut_Case

colsten wrote: »

...the min age for this account is 18

Oops, hadn't spotted that. I'm (well) over 18 so probably ignored it when opening my TSB accounts.

xylophone

May be a JISA with Halifax would work?

No access until 18 which might or might not suit the young woman's requirements.

https://www.gov.uk/junior-individual-savings-accounts/overview

Something on the list here might suit? http://www.money.co.uk/current-accounts/bank-accounts-for-teenagers.htm

System

TSB Under 19s account is amongst the best for that age range.
Being an existing customer, it should be quick and easy to open.