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16 year old savings /ISA
redstarman
Posts: 6 Forumite
Hi
My son missed out on the help to buy ISA and doesn't qualify for the new lifetime ISA untill he is 18 .
So we find ourselves in no man's land waiting for the lifetime ISA.
If I'm right he can't have a junior ISA as he has a child trust fund .
Where's the best place to put his money ? (His rate from his current Halifax account got slashed when he turned 16) .
Thanks for any advice
So we find ourselves in no man's land waiting for the lifetime ISA.
If I'm right he can't have a junior ISA as he has a child trust fund .
Where's the best place to put his money ? (His rate from his current Halifax account got slashed when he turned 16) .
Thanks for any advice
0
Comments
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He can convert the CTF to a JISA, which opens up better interest possibilities....redstarman said:If I'm right he can't have a junior ISA as he has a child trust fund .
https://www.moneysavingexpert.com/savings/junior-isa/#accordion-content-783803372-2
2
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