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Junior ISA Daughter is turning 18
RoyalMailDriver
Posts: 1 Newbie
My daughter has a Nationwide Junior ISA with £2500 in but turns 18 next month. She wants £500 but then to leave £2000 in bank for 3 years.
Is she best to move it to a normal Nationwide ISA or is she just best just to open a savings account?
Thanks for any hep,
Darren.
Is she best to move it to a normal Nationwide ISA or is she just best just to open a savings account?
Thanks for any hep,
Darren.
0
Comments
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Options are summarised at https://www.moneysavingexpert.com/savings/which-saving-account/
As to what's best, much depends on what she wants to use the money for and when....0 -
Do Nationwide still transfer to the Maturity ISA as a couple of years ago?
https://forums.moneysavingexpert.com/discussion/5764656/junior-isa-and-junior-reaches-18
The interest rate doesn't look very inviting but then rates generally are low.
Information about various accounts here
https://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html0
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