Is it impossible to open Santander123 Mini Account?

Mishomeister

Just spoke to Santander person on the phone and was advised that techically there is no way the Santander123 Mini account can be openned as online it can only be done by older children, they currently don't do account openning online and branches don't really work properly either due to social distancing, so was wondering if anyone found a way to open the one as their 3% saving rate is the best if those available after Nationwide reduced theirs from 3% to 1%.

Many Thanks

colsten

You could try HSBC but I doubt they will expose their staff any more than Santander to unnecessary risks associated with face-2-face meetings. 

https://moneyfacts.co.uk/savings-accounts/childrens-savings-accounts/

Mishomeister

Thanks, but for HSBC the child neefs to be at least 7yo which is no good to me.

colsten

You can open some cash JISAs online, and I think all the S&S JISAs can be opened online.

Mishomeister

colsten said:

You can open some cash JISAs online, and I think all the S&S JISAs can be opened online.

The children ISAs have a condition attached to them meaning the money can not be taken out before the child is 18 and then then the money is totally at the child's descretion.

Neither of these two conditions are good for me.

ddonq1412

I am in the same boat trying to open a mini 123 account. hsbc is the same they need to head to branch to open account but branches dont see this as essential banking.