Bank account recommendations for 9 and 13 yr old kids???

Clairog

Hi all
I want to get bank accounts sorted for my kids and don't know what would be good useful for them???
9 yr old wants to save - well until he has enough money to buy a lego millennium falcon and
13 yr old wants a bank card:T
All advice greatly appreciated
Claire

dadyhacker18

Hi, my sons (5, 7 and 11) all have bank accounts with Nationwide which seems to work well. Eldest has a debit card and online access which is teaching him about monitoring and budgeting. Highly recommend

xylophone

Try here for 13 year old

http://www.which.co.uk/money/banking/bank-accounts/guides/best-childrens-bank-accounts

The Santander mini 123 is available for you to open for the nine year old.

http://www.santander.co.uk/uk/current-accounts/123-mini-accounts/?cid=ppc-ca-goo-gen-+childrens%20+bank%20+account&gclid=CJ_8kY382tMCFS4W0wodkYwNjQ

Marchitiello

My 8 yo has an account with RBS since he turned 7. It is a saving account with direct access and we go to the branch together to both deposit his Piggy bank saving/weekly allowance from time to time as well as withdraw when he want to purchase something which he has budgeted for. It comes with an app which help introduce kids to the concept of having to earn money, saving it, before spending it and has helped him a great deal so far as it does not ask for things to be bought by first try to work out how to buy it and how long it will take.

Weybridge78

Metro Bank?

agrinnall

Isn't it fortunate that MSE have written a series of articles on the subject, which can be accessed from links in this article?

http://www.moneysavingexpert.com/savings/child-savings-tax-free

Clairog

agrinnall wrote: »

Isn't it fortunate that MSE have written a series of articles on the subject, which can be accessed from links in this article?

http://www.moneysavingexpert.com/savings/child-savings-tax-free

Thanks for this - I d id a search but think maybe it didn't show as I was interested in general current account rather than just savings. Off to get reading - thanks all