Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Best bank account for children monthly saving?

4 replies

thighsmadeofcheddar · 15/09/2010 09:04

I'm looking for an account where I can put in approx £70 (child benefit) a month, every month over the longer term for my dc. Plus the odd bit of birthday, christmas, grandparent money, usually about an extra £500 over the year. Does anyone have any tips? I'm with Halifax and the accounts they've offered me just don't suit.

OP posts:
thighsmadeofcheddar · 17/09/2010 10:43

hopeful bump..

OP posts:
hildathebuilder · 17/09/2010 13:51

teh halizax regular saver would suit for the child benefit (6% gross on £10 - £100. Perhaps somethign else for the other money

bandgeek · 23/09/2010 19:03

with the hailfax regular saver you can also add in up to an extra £300 throughout the year on top of what amount you save per month

Chil1234 · 24/09/2010 05:53

I'd suggest that, if you don't plan your children to access this money for 10+ years and if you're happy with the concept of a little risk, that you look at some of the tax-free child-specific unit trusts that exist for some or all of the £70 up to a maximum of £1200 a year. The Family Investments Friendly Society is one organisation.

New posts on this thread. Refresh page
Swipe left for the next trending thread