Child Saving accounts for Grandparents

Aspatria

Is there a child savings account that grandparents can open for a grandchild? 

All those I have seen require that you have parental responsibility for the child.
I would like an account that I can open it the child’s name myself? Is that possible?

wmb194

Aspatria said:

Is there a child savings account that grandparents can open for a grandchild? 

All those I have seen require that you have parental responsibility for the child.
I would like an account that I can open it the child’s name myself? Is that possible?

Yes. That I know of, Lloyds*, Halifax and Barclays. To open the account with Lloyds I had to act as an 'introducer' so it required that I already held a current account with it. I don't remember that mattering with the other two but I had my own accounts with those, too.

*Lloyds' requirement, 

• are the parent or legal guardian of the child, or you have their permission to open the account

xylophone

https://www.halifax.co.uk/savings/kids.html

https://www.bathbuildingsociety.co.uk/personal-savings/accounts/childrens-accounts/junior-saver/

Flobberchops

Yes, many high street banks.

Pretty sure Premium Bonds can be bought by a grandparent for a child too.