My kid is 7 So i want to transfer the money she has from pocket money birthdays etc to her own bank,my parents bank manager told me she needs to have a bank where she can write out how much money she is putting in her bank,and to see what she has in there,he told me that there wasn't many banks that still did bank books.
He did give me a website that asks you how much money would be in there etc then it would tell you whats best,but i cant remember the site
When I was a little'un, Abbey were the ones to go to, and you could do it so that though it was her account, you had to authorise the transactions
Abbey hasn't got a good name around here the bank machines never work all sorts of things happen,But its not like she will be getting money out of the bank much
My kids all have Post Office savings accounts
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Originally Posted by Blitzen
Midland (now HSBC) used to do childrens banking, in fact we even had a school bank (open during lunchtimes) that was Midland-exclusive......that was....er....20 years ago though
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via the post office?
Failing that prepair them for life this century and get them something with online banking
throw new ArgumentException (String, String, Exception)
So the post office must be good then any bad points?
queues are massive.
Their savings account takes about 30 days to withdraw anything from.
If you want a 3yr+ investment, you're probably better off just buying FTSE right now.
throw new ArgumentException (String, String, Exception)
Swiss banking perhaps
might as well start them young
So i dont think the post office will do then
it was good enough for me!!
(actually i had a super squirrel saver account, but right now i wouldnt trust the BOS with a giro, never mind a kids savings)
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Nice piggy lol
She has some of her money in our bank and some in her piggy bank/tracy beaker pot and so on time to get it into a bank so she can learn about money
Get a Halifax Save4it account - Good interest rate and at least did (last year) come with the book and a free gift (the account is aimed at kids)
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jem (15-10-2008)
The Nationwide Smart account is quite a good one.
Great ill go into that one and have a chat
This one also comes with a pointy hand.
You owe it to yourself to click here really.
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