Nationwide Child Savings

6 Posts

Hello all,
Is it just my imagination or have Nationwide's child savings accounts become a thing of the past? Can't see any mention whatsoever of anything for under 11's now, just went to open a savings account for my 1yo....
Is it just my imagination or have Nationwide's child savings accounts become a thing of the past? Can't see any mention whatsoever of anything for under 11's now, just went to open a savings account for my 1yo....
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Halifax have a Kids' Monthly Saver paying 5% for a year on up to £100/mth then it turns into a regular Kids' Saver paying 2%.
I wonder if that monthly saver is really restricted to tinies, after all I have a Coventry BS First Home Saver..........
https://www.gov.uk/junior-individual-savings-accounts
https://www.moneysavingexpert.com/savings/junior-isa/
https://www.fidelity.co.uk/junior-isa/ might be worth considering for stocks and shares.
https://monevator.com/passive-fund-of-funds-the-rivals/
Other child savings accounts
https://www.moneysavingexpert.com/savings/child-savings-tax-free/
Thanks for checking.
They recently raised their (NLA) Future Saver children's account to 3% - presumably they want to retain the funds already saved in these accounts (or maybe keep the kids as potential future adult customers), but don't have the need to generate new business by making them available to all again.