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"Childrens" accounts
Snugster
Posts: 105 Forumite
My daughter has just turned 16 and as a result had her childrens saver account closed. I now wish to deposit her money and (obviously) get the best interest rate for her. However all the best rates seem to be for people 18+ with a bank account. Can any body point me in the right direction?
Many thanks in advance.
Many thanks in advance.
0
Comments
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HSBC pay 5.75% and the Nationwide Smart account will pay 6.04%
At 16, one can also take out a Cash ISA - NS&I pay 6.3% tax free
Regards
Sunil0
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