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Best child's savings / ISA

2 replies

Jesswebster01 · 28/03/2025 10:41

Hi I have 2 kids they both have bank accounts in their name but get hardly any interest I want to open an ISA but one where money can be taken our if needed. Which one would be best? They have around £6K each at the minute

OP posts:
dementedpixie · 28/03/2025 13:23

You can't take money out of a Junior ISA. It stays in there until it matures at the age of 18. If you want access to the money then you'd need a savings account instead

dementedpixie · 28/03/2025 13:27

https://www.moneysavingexpert.com/savings/child-savings-tax-free/

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