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My eldest turns 11 today and wants a current account

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Comments

  • jaybeetoo
    jaybeetoo Posts: 1,521 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I can recommend the HSBC MyMoney Children’s Bank Account. You get a debit card, can’t go overdrawn and it has a linked savings account paying 3% (up to £3k).

    https://www.hsbc.co.uk/current-accounts/products/children/
  • davethorp
    davethorp Posts: 1,578 Forumite
    Part of the Furniture 1,000 Posts
    My children have Santander 123 mini accounts which they’ve had for a while (initially in trust under my control)

    They’ve also just opened a nationwide flex one account each which as another poster points out has no fees on foreign transactions which is the main reason we opened one as my eldest recently had a school trip to France and it was a pain sending him with spending money in Euros
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