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Recommendations for a bank account for a 15 year old

juliejim
Posts: 7,944 Forumite


Can anyone recommend a bank account for a 15 year old? Preferably a current account.
NST #10 Steps 7K 2/30 10K 2/12 5 a day 3/30 NSD 0/20
MBNA £5500
MBNA £5500
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Comments
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Thanks I did have a quick search and nothing came upNST #10 Steps 7K 2/30 10K 2/12 5 a day 3/30 NSD 0/20
MBNA £55000 -
This article discusses pre-paid cards but if you scroll down further there's different bank accounts too.
http://www.moneysavingexpert.com/banking/cards-for-under-18s
What does your 15yo say about it? Have they got a preference, recommendations from their mates or anything? Have they seen an app they think is user friendly?
It's generally good to involve them in the decision.I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
Also, if they don't already have one, get a savings account at the same time. Encourage moving "spare" money over to the savings (but not the other way).0
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I'd recommend a Nationwide FlexOne account. Interest, debit card, free cinema card. My lot all have their accounts there.0
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