We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
bank account for 14 year old?

sammyw
Posts: 448 Forumite
My ds is 14 next week and we thought that perhaps its time he learnt some financial responsibility. He has a halifax passbook account at the moment, but I wanted to open him an account that had a cashcard facility.
What is the best bank/society for him at the moment? Are there any good offers about?
What is the best bank/society for him at the moment? Are there any good offers about?
0
Comments
-
HSBC MyMoney - http://www.hsbc.co.uk/1/2/personal/current-accounts/under-18s
Natwest Adapt - http://www.natwest.com/personal02.asp?id=PERSONAL/DAY_TO_DAY/CURRENT_ACCOUNTS/NATWEST_ADAPT
Lloyds TSB - http://www.lloydstsb.com/current_accounts/under_19s_account.asp
I've banked with HSBC since 13 y.o and have not had any problems.0 -
HSBC are your best bet, and might also look on him more favourably for other products when he's older if he manages the account well now.
The linked MySavings is pretty good as well.0 -
I like HSBC My Money-it's simple and managable, and you get an optional Solo card at 13!
Fab!
All you need to open is your child's birth cert and a proof of address for a parent such as a utility bill or council tax bill/full driving licence etc. Dead easy!!Loan-£3600 only 24 months of payments to go!!!
All debt consolodated and cards destroyed!!
As D'Ream would sing 'Things.....can only get better'!!!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards