Bank account for a baby

kivadoo

Hello, we had a little girl last month and are looking into the best option for a bank account. There doesn't seem to be a huge range of accounts available to set up in her name (we have received a few cheques in her name so need this pay them in). Does anybody have recommendations of an account with a good interest rate? We don't intend on withdrawing any £ soon, however would prefer it not to be locked so we can withdraw before she's 16/18 if needs be. Tia.

born_again

I would look at some of the Building Society.

WillPS

Congratulations! I would echo the above advice.

As well as your local building society, it might be worth checking out the options from YBS and Skipton who will likely have a branch nearby if needed.

wmb194

kivadoo said:

Hello, we had a little girl last month and are looking into the best option for a bank account. There doesn't seem to be a huge range of accounts available to set up in her name (we have received a few cheques in her name so need this pay them in). Does anybody have recommendations of an account with a good interest rate? We don't intend on withdrawing any £ soon, however would prefer it not to be locked so we can withdraw before she's 16/18 if needs be. Tia.

There's lots to choose from:

https://moneyfactscompare.co.uk/savings-accounts/childrens-savings-accounts/?quick-links-first=false#