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Child savings
thefunniefarmer
Posts: 10 Forumite
I have just been contacted by Nationwide to inform me that the interest on my daughter's account is being reduced from 2.50% to 2% g Smart Limited Access Saver.
The difficulty is she is now 17 and most accounts have a cut off of 15.
Any advice?
Thanks
The difficulty is she is now 17 and most accounts have a cut off of 15.
Any advice?
Thanks
0
Comments
-
Does she have a Junior ISA?
If not, she might consider opening one and then transferring as much as possible from the savings account (up to £4368) to the JISA.
https://www.coventrybuildingsociety.co.uk/consumer/product/savings/children/junior-cash-isa.html0
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