Best current and savings accounts for just turning 18 year old
poshandspecs
Posts: 71 Forumite
Hi,
Looking for recommendations please for a current and savings account for our daughter as she is about to turn 18 and her JISA will finish (she is lucky enough to have £20k in savings).
Looking for recommendations please for a current and savings account for our daughter as she is about to turn 18 and her JISA will finish (she is lucky enough to have £20k in savings).
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Unfortunately the TSB under 19 account has to be opened before their 18th birthday. Any others suggestions gratefully received! Thank you.0
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Depends what her plans for the money are really, eg uni fees, flat deposit, or longer term investment.0
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Without wishing to challenge your assumption, the tsb website suggest being 18 qualifies:
"To open an Under 19s Account, you must be aged between 11 and 18"
http://www.tsb.co.uk/current-accounts/under-19s-bank-accounts/0 -
Which can be quite reasonably interpreted as 12-17.
It needs to state whether these are inclusive or even "between the 11th and 18th birthdays" which , to me, would include the 18th birthday but not the day after.0 -
Unfortunately went in to the local TSB branch and 18 or over does not qualify. In response to above, would like to invest a portion of her money long term for house deposit and the rest in easy access saver account. Thanks for your time0
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If she is in further education Barclays should do for the current account, LISA for house savings and as for easy access savings
http://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html0
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