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Baby bank account
Cazzamiller78
Posts: 11 Forumite
Hi, I'm wanting to open 2 bank accounts for my almost 1 year old, one to save long term to give her when she turns 18, and another just for birthday money, etc, where she can take money out to buy herself things when she likes. Which would be the vest accounts for these?
Many thanks
Many thanks
0
Comments
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https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/
is a good start
Also consider JISA/ ISA/LISA stocks and shares
https://monevator.com/category/investing/passive-investing-investing/
good start for reading"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
JISA for long term savings?
https://www.gov.uk/junior-individual-savings-accounts
https://moneytothemasses.com/quick-savings/parents/best-junior-stocks-and-shares-isa
Other child accounts
https://www.thisismoney.co.uk/money/saving/article-1583863/Best-savings-rates-Junior-Isas-children-s-accounts.html
https://www.santander.co.uk/personal/current-accounts/123-mini-current-account?cid=PPC_Current-Accounts__Do_Google_Google_Do_G_Childrens_Exact_Childrens-Bank-Account---[E]_G_&gclid=EAIaIQobChMI4eqf54Sn7AIVCbLtCh1wHAnAEAAYASAAEgIR4fD_BwE&gclsrc=aw.ds
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