Child bank account

Auti

Child will be 11 yrs old in the new year and wants his own bank account and bank card. He already has his own BS savings account where he puts his pocket money etc but they are not a banking BS. 
He has no wish to do debit cards that you pay a monthly fee for - he prefers the money to stay in his pocket - he is very money savvy and will have discussions with BS staff over interest rates/interest received and his future plans for his money.

Does anyone have experience as to a good bank/BS debit card child account? Also looking at building up good long term history for later banking requirements as an adult eg mortgage, travel.

He would like options so that he can make an informed decision as he says “they are working for him so they need to pass his set of requirements”

Thank you

HobgoblinBT

MSE has an article comparing the various accounts available to children that should answer your question.

eDicky

https://www.nationwide.co.uk/current-accounts/flexone/

friolento

https://www.which.co.uk/money/banking/bank-accounts/best-childrens-bank-accounts-aRMaB5Y7IaQO

And 

https://www.moneysavingexpert.com/banking/cards-for-under-18s/

A great time to gently introduce your child to MSE by sitting with them over this article?

Rob5342

I'd suggest Starling kite, they are a nice modern bank:

https://www.starlingbank.com/current-account/kite-debit-card-for-kids/

Auti

@friolento - yes I think introduction to MSE is a good idea to give him other opinions and viewpoints to help him make decisions. He is becoming interested in stocks and shares and financial news which generates some good conversations about how what happens in the world (that seems unrelated) can affect money in many areas - he is now understanding the reason for learning History and Geography!

Auti

@Rob5342 - had a look but needs an adult account first which I don’t have  (already have 2 which work well for me). Thank you for your suggestion and giving us more options.

marcia_

 My son has a HSBC account that comes with a linked savings account at 5% interest.
 You do not need to have a HSBC account yourself. 

https://www.hsbc.co.uk/current-accounts/products/children/

factor29

Either HSBC or Nationwide are the best ones with the best interest rate the last I checked. 

jimjames

Also consider if there is a local branch for a bank, my kids used Natwest as it was most convenient but that's now closed

Auti

So far our research has found Nationwide to be good as interest on current account and internet banking (he likes to watch and check his money). He saves with Yorkshire as better rates. It’s strange but it feels a major decision choosing his bank account.