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PoGee
PoGee Posts: 562 Forumite
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in Savings & investments
If kids open the account above and deposit 4k by 5/04/24, will they receive the 1k bonus or do they need to wait the full year? 

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  • masonic
    masonic Posts: 23,362 Forumite
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    The bonus period runs from 6th - 5th, so if a deposit is made on or before 5th April, the bonus will be paid by the end of May. They will need to wait a full year before making a penalty free withdrawal.
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