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Child's Accounts?
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gt73c
Posts: 2 Newbie
Hi,
I have a son who I have setup a HFX Regular Saver and Save4It account for.
I currently have a standing order setup depositing £25/month into the Regular Saver. The interest has recently been added to the Regular Saver for the 2nd year and he now has savings in his Save4It account of over £1000.
Now because there's the £100/month limit on the payments into the regular saver I'd like to be able to setup a Standing Order of £75 of my son's savings (Save4It account) to get the higher rate of interest on his savings - but there isnt a Standing Order facility available to this account.
Is anyone aware of a Childs account (bearing in mind he's only 2 Year Old) that will enable me to setup a Standing Order? Or is this even possible from any savings accounts?
Thanks in advance.
I have a son who I have setup a HFX Regular Saver and Save4It account for.
I currently have a standing order setup depositing £25/month into the Regular Saver. The interest has recently been added to the Regular Saver for the 2nd year and he now has savings in his Save4It account of over £1000.
Now because there's the £100/month limit on the payments into the regular saver I'd like to be able to setup a Standing Order of £75 of my son's savings (Save4It account) to get the higher rate of interest on his savings - but there isnt a Standing Order facility available to this account.
Is anyone aware of a Childs account (bearing in mind he's only 2 Year Old) that will enable me to setup a Standing Order? Or is this even possible from any savings accounts?
Thanks in advance.
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