Halifax Childrens Regular Saver Account - What Happens @ age 16?

rb10

You can easily change your nominated account during the year, in branch or by phone. It doesn't matter if the original one is closed, as long as you tell them which account you want the money to go into at the end of the year.

I agree that the BOS IASA is a good account, and you are right that it is a qualifying nominated account. To change the Regular Saver nominated account, you will just need your IASA's roll number.

withnell

What does it hurt to keep the nominated account open? As has been said here, it's easy enough to transfer straight out of it into a better paying account!