Highest children account £50,000

alandaniel132 · 19 May 2018 at 1:48PM

I would like to have instant access of parent's will £50,000 to put in children account.

Lloyds Young Saver is reducing from £20,000 to £5,000 for 2.0% interest rate

Any others better offer?

Brynsam · 19 May 2018 at 3:03PM

Keep an eye on the 'banking and saving' tab at the top of this page - MSE updates regularly.

mije1983 · 19 May 2018 at 3:16PM

Didn't like the answers in your other thread?

https://forums.moneysavingexpert.com/showthread.php?t=5844627

Flobberchops · 19 May 2018 at 6:01PM

Off the top of my head.

Lloyds 2% on £5000
Halifax 2% on £10,000 (open two accounts with £500o each)
Barclays 1.75% on anything up to £1 million
Metro 1.4%, no mention of maximum balance, with small bonus payment for regular coin deposits

Without putting too fine a point on it, you're using the children's savings account to earn interest on your own money, right?

Dazed_and_confused · 20 May 2018 at 9:32AM

Without putting too fine a point on it, you're using the children's savings account to earn interest on your own money, right?

Keep an eye out for the op's forthcoming post, how do I pay the tax due on interest I have earned through my child's account

Highest children account £50,000

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