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Best bank account for teenagers?

3 replies

fimac1 · 20/09/2010 08:05

We are going to start putting dd spends into a bank account for her so she can budget her pocket money, is there any good ones out there for young teens?

Thanks

OP posts:
RosieAndGin · 20/09/2010 08:25

My Dd has a llyods TSB acount, she loves it because she has a visa debit card with it, not many banks give them to young Teens.

I transfer her pocket money over every week, and she just uses her card when she needs something, feels safer than taking cash.

fimac1 · 20/09/2010 11:21

ok we are with Lloyds so thats good - can they spend just up to their limit, eg not go overdrawn? This is what I would like for obvious reasons!

Thanks!

OP posts:
RosieAndGin · 20/09/2010 12:21

No they can only spend what is in the account, There is talk of a £10 buffer but not sure this applies to 11-15 account. more info here just click youth accounts on the side.

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