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Savings Account for 17 Year Old
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mezzamay
Posts: 22 Forumite
I am looking for a savings account for my son but seem to be struggling... I went through many of the accounts suggested here of MSE but my son's age is a problem. Most seem to be either maximum age 15 or 16. And he can't apply for an adult account because he needs to be 18!
Has anybody had the same problem and found a good solution?
It needs to be an internet access account, we can make regular monthly savings and ideally a good interest rate.
Has anybody had the same problem and found a good solution?
It needs to be an internet access account, we can make regular monthly savings and ideally a good interest rate.
0
Comments
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Does he have a JISA?
http://www.nationwide.co.uk/products/savings/junior-isa/features-and-benefits
A good rate, up to £4080 could be contributed before the end of the tax year and he wouldn't have to wait very long to get hold of the cash.0 -
Does he have a JISA?
http://www.nationwide.co.uk/products/savings/junior-isa/features-and-benefits
A good rate, up to £4080 could be contributed before the end of the tax year and he wouldn't have to wait very long to get hold of the cash.
Thank you! Yes, a JISA is a good idea - I don't know why I hadn't thought of that.0
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