Please or to access all these features

Add post

Watch this thread

Save thread

Start a new thread

Flip thread

Hide thread

My feed

Active Unanswered threads

Getting started FAQ's

Unanswered threads Acronyms Talk guidelines

Hide shortcut buttons

Talk

Chat

Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting.

Flip

Original poster

Best bank account for 14 yr old...like a current acc but mo overdraft

16 replies

Overseasmom100 · 27/04/2019 13:15

DS needs to have his iwn acc now...always asking me to buy things one then giving me the money which I dont get chance yo put in my account etc..

So what is a decent one...just so he can take money out at atm and pay for stuff onlibe but NO overdraft

OP posts:

MyDcAreMarvel · 27/04/2019 13:16

Children are not allowed overdrafts. Any high street bank will do a current account with debit card.

Nnnnnineteen · 27/04/2019 13:17

Mine is with nationwide which seems fine.

olderthanyouthink · 27/04/2019 15:13

No one will give him an overdraft! I had a young person account with natwest and I was declined in McDonald's because I was a few pence short and I couldn't even use it to buy petrol at the pump for some reason.

Interested in this thread?

Then you might like threads about this subject:

General money

CaurnieBred · 27/04/2019 15:18

DD (14) uses a Santander 123 account. Was one of the recommended ones for kids. She has a visa debit card with it which she uses for on line purchases.

howrudeforme · 27/04/2019 15:22

Also Santander 123 - he had it with a cash machine card then I upgraded him to a bank card. He has an app on phone that allows his to check balance etc. He’s almost 13. It works for us.

Happy with the account.

BobBobBobbingAlong · 27/04/2019 15:25

Have a look on MSE and Which and see which ones are the best atm. Some offer quite good rates for savers.

Homemadearmy · 27/04/2019 15:47

Mine have accounts with Barclays, which seem ok. I asked for the debit cards not to be contactless as I was concerned with them losing them in school etc

dementedpixie · 27/04/2019 15:49

My 2 also have Santander 123 accounts. Has a decent interest rate too

RoseDog · 27/04/2019 15:51

My dd has a Nationwide account and I am away to set one up for ds, when they are 14 you can set it up online.

Bunnybigears · 27/04/2019 15:56

DS 12 has a Lloyds bank account, nice and easy and he has the app on his phone to keep track, it can be unlocked with fingerprint so he doesn't have to remember a password. No overdraft facility.

Comefromaway · 27/04/2019 15:58

Mine have HSBC. It was one of the recommended ones at the time we set it up.

WindypopsWendy · 27/04/2019 16:15

Account with Nationwide for under 18s. A debit card but no overdraft.

Original poster

Overseasmom100 · 27/04/2019 18:33

So all sounds perfect thanks

OP posts:

Leeds2 · 27/04/2019 19:12

My DD got one with Lloyds at about that age. We (she and l) had to have an interview with the branch manager!

AnyFucker · 27/04/2019 19:13

Mine had under 19 accounts with Lloyds

Online banking and a debit card.

wonkylegs · 27/04/2019 19:32

Most banks and buildings societies have a kids account with varying amounts of access but no overdrafts (can't 'borrow money' which is what an overdraft is, until you are 18)
Good guide here www.money.co.uk/current-accounts/how-to-get-a-bank-account-for-under-18s.htm
My kids have a Lloyd's kids account and a Nationwide one - but as they are under 11, I am named on it as a trustee.

Flip